2014 Pertamina EP Annual Report PDF

DAFTAR ISTILAH*
Glossary
2014
BBLS Barel minyak Oil barrels
BCFG Miliar kaki kubik gas bumi Billion cubic feet gas
BOPD Barel minyak per hari Barrel oil per day
D
Delineasi Pemetaan suatu batas tertutup pada komponen tanah
Closed boundaries mapping of soil component
E
Existing Sedang berjalan
F
Fault Tree Analysis (FTA) Metode identifikasi risiko dengan membuat panduan
berupa flow chart Top-Down yang memberikan informasi
terstruktur perihal potensi risiko yang diturunkan dari
Strategic Objective
A risk identification method to create a guideline in the form
of top-down flowchart that provides structured information
about potential risks derived from Strategic Objective
SYNERGY
L
Lifting Minyak/gas yang ditransaksikan dengan pihak ketiga
Oil/gas transacted with a third party
M
MBBLS Ribu barel minyak Thousand barrels
MMBO Juta barel minyak mentah Million barrels of oil
MMBOE Juta barel minyak ekuivalen Million barrels of oil equivalent
MBOPD Juta barel minyak per hari Million barrels of oil per day
MMBOEPD Juta barel minyak ekuivalen per hari
Million barrels of oil equivalent per day
MSCF Ribu kaki kubik gas per hari Thousand cubic feet gas
MMSCFD Juta kaki kubik gas per hari Million cubic feet gas per day
R
RJPP Rencana Jangka Panjang Perusahaan
Corporate Long Term Plan
RKAP Rencana Kerja dan Anggaran Perusahaan
Corporate Work Plan and Budget
PEOPLE, PROCESS, TECHNOLOGY AND ENVIRONMENT

Seismic Metode eksplorasi untuk memperkirakan bentuk, jenis dan
ketebalan lapisan-lapisan batuan bawah permukaan
dengan cara mempelajari penjalaran gelombang getaran
Exploration method to estimate the shape, type and thickness
of subsurface rock by means of studying the vibrational wave
propagation
Subsurface Berkaitan dengan aspek di bawah permukaan tanah.
Related to subsurface aspects.
Surface Berkaitan dengan aspek di atas permukaan
Related to surface aspects
Surfactant Bahan yang menurunkan tegangan permukaan, biasanya
adalah senyawaan sintetik-organik yang memperlihatkan
aktivitas permukaan dan berperan dalam pembahasan,
pembersihan, perembesan, penembusan, pembusaan, dan
sebagainya.
Material that lowers the surface tension, usually synthetic-
SYNERGY organic compounds that displays surface activities and serves

as wetting, cleansing, infiltration, penetration, foaming, etc
Suspended Well Sumur yang operasinya telah dihentikan
Well that has halted operations.
PEOPLE, PROCESS, TECHNOLOGY W

Wild cat Sumur eksplorasi yang dibor di daerah baru yang
AND ENVIRONMENT berdasarkan pertimbangan geologis diharapkan
mempunyai akumulasi hidrokarbon
Exploration well drilled in the new area based on geological
considerations, which is expected to have accumulated
hydrocarbon
Laporan Tahunan Terintegrasi
Integrated Annual Report 2014 *) Istilah umum dalam laporan ini yang sering digunakan oleh industri minyak dan gas
General terms in this report is often used by the oil and gas industry
PERTAMINA EP
Keterangan:
Standard Chartered Tower Rujukan referensi dari Global Reporting Initiative (GRI) disajikan dengan huruf dan
angka dalam kurung berwarna biru, Suplemen Sektor Minyak & Gas dalam kurung
Jl. Prof. Dr. Satrio No. 164 Jakarta 12950 - Indonesia berwarna merah, dan Kerangka Kerja Laporan Terintegrasi (IR) dalam kurung
Telp: 021-57893199, Fax: 021-57946279 berwarna hijau. Pembaca dapat melihat rujukan lengkapnya dalam referensi silang
yang terdapat dalam halaman 330.
www.pertamina-ep.com
Description:
Reference of the Global Reporting Initiative (GRI) is presented in letters and numbers
within blue parentheses, Oil & Gas Sector Supplement within red parentheses, and the
Integrated Framework Report (IR) within green parentheses. Readers can find out the full
reference in the cross-reference section in the pages 330.
DAFTAR ISTILAH*
Glossary
2014
D
E
F
Strategic Objective
SYNERGY
L
M
R

propagation
sebagainya.


hydrocarbon
PERTAMINA EP
Keterangan:
Description:
SINERGI 2014:
MANUSIA, PROSES, TEKNOLOGI,
DAN LINGKUNGAN HIDUP
Synergy 2014:
People, Process, Technology and Environment
2011
2012
2013
PEOPLE, PROCESS, GROWING TOGETHER PEOPLE, PROCESS,

TECHNOLOGY WITH SOCIAL & TECHNOLOGY, AND
APPROACH ENVIRONMENT ENVIRONMENT
Aspek manusia, proses, dan Setiap penemuan dan eksploitasi Perubahan struktur Perusahaan di
teknologi, sebagai pendekatan sumber energi tidak hanya identik tahun 2013 kembali menitikberatkan
yang dikembangkan dari ORBEX dengan peningkatan profit perusahaan, pengembangan kompetensi tenaga
(Organizing for Business Excellence). tetapi juga semakin memberikan kerja dalam Pertamina Leadership
perhatian kepada people dan planet. Model, tetap efektif dalam beroperasi
Aspects of people, process, and Pertamina EP menegaskan komitmen dengan teknik pengeboran terkini
technology, as an approach agar manusia dan lingkungan hidup dan menghasilkan nilai tambah bagi
developed from ORBEX (Organizing menjadi bagian dari dinamika masyarakat dan lingkungan.
for Business Excellence) pemenuhan energi di Indonesia.
Changes in the Company’s structure
Every discovery and exploitation of in 2013 reiterated the focus on
energy resources is not only synonymous development of employee competencies
with an increase in corporate profits, but in Pertamina Leadership Model, remain
also paying more attention to people effective in operation with the latest
and the planet. Pertamina EP confirms drilling techniques and generate added
the commitment to making people and value for society and the environment.
environment as part of the dynamics of
meeting the energy needs in Indonesia.
2 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

KINERJA PERTAMINA EP
KESINAMBUNGAN TEMA THEME CONTINUITY
Sepanjang tahun 2011 hingga 2014 kegiatan usaha Throughout 2011 to 2014 PT Pertamina EP’s
Pertamina EP difokuskan untuk membangun fondasi business activities have been focused on building
pertumbuhan yang berkelanjutan. Pertumbuhan ini the foundations of sustainable growth. This growth
dinyatakan dalam bentuk komitmen para pimpinan is stated in the commitment of the company’s
perusahaan melalui tema laporan tahunan yang leadership through the continuity of annual report
berkesinambungan. theme.
SINERGI: MANUSIA, PROSES, TEKNOLOGI DAN SYNERGY: PEOPLE, PROCESS, TECHNOLOGY

LINGKUNGAN HIDUP AND ENVIRONMENT
‘Sinergi’ menjadi sebuah kata yang kuat, yang ‘Synergy’ is a powerful word that reflects the
mencerminkan komitmen untuk bergabung bersama commitment to join together in carrying out positive
dalam menjalankan kegiatan yang positif. Di tahun activities. In 2014, Pertamina EP brought together its
2014 ini, Pertamina EP menyatukan kegiatan untuk activities to support each other through the synergy
saling mendukung melalui sinergi keempat aspek of four aspects of People, Process, Technology, and
People, Process, Technology, Environment. Environment
Sebuah sinergi memang memerlukan waktu A synergy does take time to bear fruit in the face
untuk membuahkan hasil menghadapi berbagai of various challenges. Pertamina EP is optimistic to
tantangan. Untuk itu, Pertamina EP optimis untuk face future challenges together by continuing to
bersama menghadapi tantangan di masa depan maintain stable energy supply through renewable
dengan terus menjaga pasokan energi melalui energy. Other challenges include the government
energi terbarukan. Tantangan lainnya adalah regulations, oil prices as well as rapid changes in
peraturan pemerintah, harga minyak bumi serta social and environmental conditions. In line with this,
kondisi sosial dan lingkungan yang berubah cepat. the real form of synergy has been prepared for 2015
Sejalan dengan ini, maka bentuk sinergi nyata to welcome the ASEAN Economic Community, as
telah disiapkan di tahun 2015 dalam menyambut well as to strengthen the Company as a ‘world class
Masyarakat Ekonomi ASEAN, sekaligus meneguhkan company’.
Perusahaan sebagai sebuah ‘world class company’.
2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 3

Pasar berfluktuasi, prioritas bergeser,
namun komitmen kami tetap teguh
untuk melakukan apa yang tepat bagi
para pemangku kepentingan dan
kesejahteraan masyarakat Indonesia.
The market is fluctuating, the priorities are shifting, but our

commitment remains firm to do the right things for our
stakeholders and the welfare of Indonesian society.
PERINGATAN ATAS PERNYATAAN-PERNYATAAN CAUTION REGARDING FORWARD-LOOKING

MENGENAI MASA DEPAN [G4-22] STATEMENTS [G4-22]
Dalam dokumen ini mungkin terdapat rencana, This document may contain certain plans,
proyeksi, strategi dan tujuan Perseroan tertentu, projections, strategies and objectives of the
yang bukan merupakan pernyataan fakta historis Company that are not statements of historical
dan perlu dipahami sebagai pernyataan mengenai fact and would be treated as forward-looking
masa depan. Pernyataan mengenai masa depan statements. Forward-looking statements are
tergantung pada risiko dan ketidakpastian yang subject to risks and uncertainties that may cause
dapat menyebabkan keadaan dan hasil aktual actual events, and the Company’s future result, to
Perseroan di masa depan berbeda dari yang be different than expected or indicated by such
diharapkan atau diindikasikan. Tidak ada jaminan statements. No assurance can be given that the
bahwa hasil yang diantisipasi oleh Perseroan result anticipated by the Company, or indicated by
atau diindikasikan oleh pernyataan-pernyataan such forward-looking statements, will be achieved.
mengenai masa depan, akan tercapai. Namun Thus, in this report there is no restatement which
demikian dalam laporan ini tidak terdapat need to be disclosed from previous report.
pernyataan kembali yang harus diungkapkan atas
sajian laporan tahun sebelumnya.

CATATAN ATAS INFORMASI KEBERLANJUTAN
Notes to Sustainability Information
KRITERIA PENYUSUNAN PREPARATION CRITERIA

Pada tahun 2014 Pertamina EP melanjutkan In 2014 Pertamina EP continued its commitment
komitmen untuk menyajikan laporan terintegrasi to publish integrated reporting by preparing the
dengan menyusun Laporan Tahunan 2014 yang Annual Report 2014 in accordance with the Capital
sesuai dengan Peraturan Bapepam LK No. KEP-431/ Market and Financial Institution Supervisory Agency
BL/2012, Global Reporting Initiative (GRI), dan mulai Regulation No. KEP-431/BL/2012, Global Reporting
merujuk pada prinsip isi kerangka yang diterbitkan Initiative (GRI), and started to refer to framework
oleh International Integrated Reporting Council of content principles issued by the International
(IIRC). [G4-23] Integrated Reporting Council (IIRC). [G4-23]
Penulisan laporan keuangan merujuk pada Financial statements are prepared with reference
Standar Akuntansi Keuangan yang berlaku di to Financial Accounting Standards applicable
Indonesia, sedangkan ikhtisar dan semua informasi in Indonesia, while overview and all sustainability
keberlanjutan merujuk pada ‘Sustainability Reporting information refer to ‘Sustainability Reporting
Guidelines & Oil and Gas Sector Supplement - Versi Guidelines & Oil and Gas Sector Supplement -
4’ yang dikeluarkan oleh GRI, khususnya dalam Version 4’ issued by the GRI (Global Reporting
standar materialitas, kelengkapan, pelibatan Initiative), with particular reference to the
pemangku kepentingan, dan konteks keberlanjutan. standards of materiality, completeness, stakeholder
Opsi yang dipilih dalam penulisan laporan ini adalah inclusiveness and sustainability context. This report
‘in accordance - core’. [G4-32] has chosen ‘in accordance - core’ option. [G4-32]
MATERIALITAS DAN PELIBATAN PEMANGKU MATERIALITY AND STAKEHOLDER

KEPENTINGAN INCLUSIVENESS
Kami merumuskan aspek material sebagai dasar We define material aspects as a basis for determining
penentuan dan pengambilan kebijakan Perusahaan and making the Company’s policies that will have
yang akan berdampak dan berpengaruh signifikan significant impact and effect on both internal
terhadap pemangku kepentingan, baik internal and external stakeholders. Internally, this impact
maupun eksternal. Secara internal, dampak ini is believed to affect sustainability performance in
diyakini akan mempengaruhi kinerja keberlanjutan, economic, social and environmental aspects. In line
baik dari sisi ekonomi, sosial dan lingkungan. with this, externally, material aspect is determined by
Sejalan dengan hal tersebut, secara eksternal, identifying every aspect that can significantly affect
aspek material ditentukan melalui identifikasi stakeholders’ assessment and decision-making
setiap aspek yang dapat mempengaruhi secara on the Company’s performance. The combined
signifikan penilaian dan pengambilan keputusan results of the identification of material aspects from
oleh pemangku kepentingan atas kinerja Perseroan. the Company’s internal and external parties are
Gabungan hasil identifikasi aspek material dari described in a matrix.
pihak internal dan eksternal Perseroan digambarkan
dalam sebuah matrik.

HASIL UJI MATERIALITAS [G4-19]
Materiality Test Result
Tinggi Penting Important Lebih penting More Important
High
1
1 Kinerja ekonomi
2 3 Economic performance
Influence on external stakeholder assessment
Dampak pada penilaian dan keputusan
4 5 2
pemangku kepentingan eksternal
Pekerja People
3
and decision
Proses Process
4
Teknologi Technology
5
Lingkungan hidup
Environment
Rendah
Low
Kurang penting Less Important Penting Important

Dampak penting aspek ekonomi, lingkungan, dan sosial bagi
Rendah Tinggi
pemangku kepentingan internal
Low High
Significance of economic, environmental, and social impact for
internal stakeholders
Identifikasi aspek material dilakukan melalui analisis Material aspects are identified through materiality
materialitas, dengan mempertimbangkan tingkat analysis, taking into account the importance of the
kepentingan berbagai topik bagi para pemangku various topics for external stakeholders as well as
kepentingan serta signifikansinya bagi perusahaan their significance for oil and gas companies. The
minyak dan gas. Tingkat signifikansi internal internal significance is determined based on short-
ditentukan berdasarkan analisis jangka pendek, term analysis, strategy and long-term goals, along
strategi dan tujuan jangka panjang, beserta evaluasi with evaluation on the outcome and sustainability
hasil dan kinerja keberlanjutan selama periode performance during reporting period.
pelaporan.
Tingkat kepentingan eksternal dalam isu-isu The level of external significance in sustainability
keberlanjutan didapat melalui analisis yang issues is identified through an analysis that considers
mempertimbangkan faktor-faktor berikut: energi, the following factors: the energy, economic and
ekonomi dan sosial, perbandingan antar sejumlah social, the benchmarking on a panel of oil & gas
perusahaan migas dan sektor lain yang sejenis companies and other sectors similar to Pertamina
dengan Pertamina EP, analisis pers dan web, serta EP, analysis of the press and the web, as well as the
permintaan yang telah diajukan oleh pemangku requests from majority stakeholders to Pertamina
kepentingan utama kepada Pertamina EP, dengan EP, using different methods and communication
menggunakan berbagai metode dan saluran channels.
komunikasi.
Selain komunitas keuangan, para pemangku In addition to the financial community, the
kepentingan yang dipertimbangkan dalam stakeholders considered in determining material
penentuan aspek material adalah pemerintah dan aspects are governments and local institutions,
lembaga-lembaga lokal, asosiasi internasional international and national associations, NGOs and
dan nasional, LSM dan masyarakat yang memiliki citizens interested in Pertamina EP’s work and people
kepentingan terhadap kegiatan usaha dan sumber (for further information see the section ‘Stakeholder
daya manusia Pertamina EP (untuk informasi engagement’).
lebih lanjut lihat bagian ‘Pelibatan pemangku
kepentingan’).
Penggabungan pertimbangan signifikansi eksternal The combined consideration of external and internal
dan internal menghasilkan identifikasi bidang- significance resulted in the identification of areas of
bidang yang menjadi prioritas dan penting bagi priority and of material to the company.
perusahaan.

PROSES IDENTIFIKASI ASPEK MATERIALITAS MATERIALITY ASPECTS IDENTIFICATION PROCESS
[G4-18] [G4-18]
Identifikasi isu keberlanjutan dan penentuan Sustainability issues identification and material
aspek material merupakan langkah awal dalam aspects determination are the first step in defining
penentuan konten Laporan. Aspek material dan the content of the Report. Material aspects and
ruang lingkup dalam pelaporan ini ditentukan boundaries of this report are determined through
melalui uji materialitas dengan cara tanya jawab, the materiality test through question and answer,
yang dilaksanakan dalam grup diskusi terfokus which is implemented in a focus group discussion
(focus group discussion atau FGD). Pelaksanaan (FGD). The FGD is held by involving representatives
FGD melibatkan perwakilan unit kerja Pertamina of Pertamina EP’s working units that contribute to the
EP yang berkontribusi dalam penyusunan laporan preparation of the previous report as internal party,
sebelumnya selaku pihak internal, dan akademisi and academics as the external party.
selaku pihak eksternal.
Kegiatan FGD difokuskan pada identifikasi isu- The FGD is focused on identifying sustainability
isu keberlanjutan (sustainability context), untuk context, to determine the priority of the material
kemudian menentukan prioritas aspek material. aspects. The report content defining is based on the
Penetapan konten laporan didasarkan pada prinsip principles of Stakeholder Inclusiveness, Materiality,
Stakeholders Inclusiveness (Pelibatan Pemangku Sustainability Context and Completeness. All these
Kepentingan), Materiality (Materialitas), Sustainability four principles are in accordance with GRI-G4
Context (Konteks Keberlanjutan) dan Completeness sustainability reporting guidelines.
(Kelengkapan). Ke-empat prinsip ini sesuai dengan
pedoman penulisan laporan keberlanjutan GRI-G4.
Dari hasil FGD, notulen menyiapkan laporan The transcriber of FGD results prepared the
penilaian materialitas kepada Sekretaris materiality assessment report and submitted it to
Perusahaan selaku pejabat senior Perusahaan, the Corporate Secretary as the Company’s senior
guna menentukan persetujuan atas informasi kinerja officer, for approval of the sustainability performance
keberlanjutan yang disampaikan dalam laporan ini. information presented in this report. Results of
Hasil penilaian uji materialitas juga menjadi bagian materiality test are also part of issues that should
dari penyampaian hal-hal yang sepatutnya menjadi become priority to be disclosed as the Company’s
prioritas dari kinerja keberlanjutan Perusahaan sustainability performance in the next period.
pada kurun waktu berikutnya. [G4-48] [G4-48]
Hasil identifikasi isu material untuk disajikan dalam The result of the identification of the material issues
Laporan Tahunan Terintegrasi 2014 ini adalah to be presented in the Integrated Annual Report
ditentukannya tema sinergi antara aspek material 2014 is the determination of theme on synergy
Pekerja, Proses, Teknologi dan Lingkungan Hidup. between the material aspects of People, Process,
Technology and Environment.
PROSES PENENTUAN ISI LAPORAN [G4-18] REPORT CONTENT DEFINING PROCESS [G4-18]
Terdapat empat tahap dalam penentuan konten There are four steps in defining the content of
laporan. Tahap pertama, identifikasi aspek-aspek the report. The first step is the identification of
keberlanjutan yang relevan dengan karakteristik sustainability aspects that are relevant to the business
bisnis Pertamina EP dan menentukan batasan ruang characteristics of Pertamina EP and determines the
lingkup (boundary) di mana aspek tersebut terjadi. boundary where these aspects occur. The second
Tahap kedua, pembuatan prioritas atas aspek- step is making priority of sustainability aspects that
aspek keberlanjutan yang akan dilaporkan melalui will be reported through the FGD.
proses FGD.
Tahap ketiga, validasi atas aspek material yang telah The third step is the validation on material aspects
menjadi prioritas tersebut. Proses validasi bertujuan that have become the priority. The validation
untuk memastikan bahwa laporan memuat konten process aims to ensure that the report contains
yang seimbang antara kinerja positif dan negatif. balanced content between positive and negative
Validasi mendapat persetujuan dari Sekretaris performances. The validation is to be approved by
Perusahaan dan pengesahan dari Direksi, selaku Corporate Secretary and to be ratified by the Board
pejabat tata kelola Perseroan yang bertanggung of Directors as the corporate governance officers in
jawab atas penyusunan dan penerbitan laporan ini. charge of the preparation and publication of this
[G4-48] report. [G4-48]

Tahap keempat, kajian ulang atas laporan tahun The fourth step is a review on the previous year’s
sebelumnya dengan mempertimbangkan saran dari report taking into account suggestions from
pemangku kepentingan. Demikian pula masukan stakeholders. Similarly, feedbacks and suggestions
dan saran atas laporan tahun ini akan digunakan on this year’s report are to be used as consideration
sebagai pertimbangan dalam menentukan konten in defining the content of the upcoming report. This
laporan tahun yang akan datang. Siklus pelaporan reporting cycle takes place during the current period
ini berlangsung selama periode berjalan dengan by including the stakeholder engagement.
menyertakan keterlibatan pemangku kepentingan.
Topik Aspek Pengungkapan atas Pendekatan Manajemen + Indikator

Topics Aspects Management Approach Disclosure + Indicators
STEP STEP STEP
1 IDENTIFIKASI
Identification 2 PRIORITAS
Priorization 3 VALIDASI
Validation
KONTEKS KEBERLANJUTAN MATERIALITAS KELENGKAPAN

2014 INTEGRATED
Sustainability Context Materiality Completeness ANNUAL REPORT
OF PT PERTAMINA EP
PELIBATAN PEMANGKU KEPENTINGAN Stakeholder Inclusiveness
STEP
TINJAUAN
4 Review
KONTEKS KEBERLANJUTAN KETERLIBATAN PEMANGKU KEPENTINGAN

Sustainability Context Stakeholder Inclusiveness
BATASAN PELAPORAN DAN KONTEKS REPORTING BOUNDARY AND SUSTAINABILITY

KEBERLANJUTAN CONTEXT
Laporan ini mencakup kinerja keuangan dan kinerja This report contains financial and sustainability
keberlanjutan Pertamina EP dalam kurun waktu 1 performance of Pertamina EP in the period January
Januari hingga 31 Desember 2014. Keseluruhan 1 to December 31, 2014. The entire materials
materi yang disampaikan dalam Laporan ini presented in this Report are collected from Pertamina
berasal dari Pertamina EP (internal perusahaan) EP’s internal organization and have a significant
dan berdampak signifikan pada Kantor Pusat impact on the Head Office and 5 Assets of Own
dan 5 Asset yang merupakan area operasi sendiri, Operations area, including 20 Fields, 4 development
termasuk 20 Field, 4 proyek pengembangan, dan projects, and 7 unitization areas, as well as TAC
7 area unitisasi dan juga mencakup area operasi and KSO partnerships operating area. Material
kemitraan TAC dan KSO. Informasi material yang information disclosed in this report is considered
diungkapkan dalam Laporan ini dinilai memberikan to have significant impact on shareholders,
dampak signifikan kepada pemegang saham, communities, customers, employees, vendors and
masyarakat, pelanggan, pekerja, mitra kerja dan partners, governments, media, universities and other
mitra usaha, pemerintah, media, universitas dan educational institutions. [G4-17] [G4-20] [G4-21] [G4-28]
institusi pendidikan lain. [G4-17] [G4-20] [G4-21] [G4-28] [G4-30]
[G4-30]
Informasi tentang keberlanjutan yang disajikan Information about sustainability presented in this
dalam Laporan ini merupakan kelanjutan dari Report is the continuity of 2013 Report which was
Laporan tahun 2013 yang terbit pada 25 Februari. printed on February, 25. This Report is disclosed as an
Laporan ini diungkapkan secara terintegrasi integrated information in some parts. In the Overview
di beberapa bagian. Dalam Ikhtisar Kinerja of Financial and Operational Performance, financial
Keuangan dan Operasional, informasi keuangan information has been integrated with sustainability
telah terintegrasi dengan informasi keberlanjutan information on the PROPER achievement, safe
yang berkaitan dengan pencapaian PROPER, jam working hours, and emission reduction. In addition,
kerja selamat, dan reduksi emisi. Selain itu, kinerja the sustainability performance is also specifically
keberlanjutan juga secara khusus ditampilkan dalam displayed in Sustainability Performance Overview
Ikhtisar Keberlanjutan yang menyajikan kinerja that presents each material aspect of people,
masing-masing aspek material pekerja, proses, process, technology and environment, as well as
teknologi dan lingkungan, serta kinerja sumber the performance of resources in accordance with
daya sesuai dengan kriteria dalam acuan ‘Kerangka the criteria in the International Integrated Reporting
Internasional Laporan Terpadu’ yang diterbitkan Framework’, issued by the International Integrated
oleh the International Integrated Reporting Council Reporting Council (IIRC). [G4-29]
(IIRC). [G4-29]

IDENTIFIKASI BATASAN DAN DAMPAK ASPEK MATERIAL [G4-19] [G4-20] [G4-21]
Identification of Boundary and Impact of Material Aspects
ASPEK MATERIAL MERUJUK DAMPAK BAGI PEMANGKU DAMPAK BAGI PEMANGKU

TOPIK MATERIAL PADA GRI DAN IIRC KEPENTINGAN INTERNAL
Material Topics KEPENTINGAN EKSTERNAL
Material Aspects Refer to GRI Impact on Internal
Impact on External Stakeholders
and IIRC Stakeholders
Kinerja ekonomi, Modal Mitra Kerja dan Mitra Usaha, Pelanggan,
Kinerja Ekonomi Pemegang saham, Pekerja
keuangan Economic Pemerintah
Economic Performance Shareholders, Employee
performance, Financial capital Vendors and Partners, Customers, Government
Ketenagakerjaan, Kesehatan dan
keselamatan kerja, Pelatihan dan
Pekerja pendidikan, Modal intelektual Pemegang saham, Pekerja Mitra Kerja dan Mitra Usaha
People Employment, Occupational Shareholders, Employee Vendors and Partners
Health and Safety, Training and
Education, Intellectual capital
Proses Pekerja Mitra Kerja dan Mitra Usaha
Kepatuhan Compliance
Process Employee Vendors and Partners
Teknologi Penggunaan Teknologi Mitra Kerja dan Mitra Usaha
Pekerja Employee
Technology Technology usage Vendors and Partners
Energi, Air, Keanekaragaman Masyarakat, Mitra Kerja dan Mitra Usaha,
hayati, Emisi, Limbah, Modal Pemerintah, Media, Universitas dan Institusi
Lingkungan Hidup alam, Modal Sosial Pendidikan Lain
Pekerja Employee
Environment Energy, Water, Biodiversity, Society, Vendors and Partners, Government,
Emissions, Effluents and Waste, Media, Universities and Other Educational
Natural capital, Social capital Institutions
PEMANGKU KEPENTINGAN TOPIK MATERIAL

Stakeholders Material Topics
Mitra Kerja dan Mitra Usaha
Mitra Kerja Kinerja Ekonomi, Pekerja,
Vendors and Partners
dan Mitra Usaha Proses, Teknologi, Lingkungan
Vendors and Partners Hidup
Economic Performance,
People, Process, Technology,
Masyarakat Pelanggan
ASSET 1 ASSET 2 Environment
Community Customers
Masyarakat Community Lingkungan Hidup Environment
Pelanggan Customers Kinerja Ekonomi
Economic Performance
ASSET 3 ASSET 4
Media Media Lingkungan Hidup Environment
Pemerintah ASSET 5 Media
Government Media
Pemerintah Government Kinerja Ekonomi,
Lingkungan Hidup
Economic,
Universitas dan Institusi Environmental Performance
Pendidikan Lain
Universities and Other Universitas dan Institusi Lingkungan Hidup
Educational Institutions Pendidikan Lain Environment
Universities and Other
Educational Institutions
PRINSIP PENJAMINAN KUALITAS UNTUK PELAPORAN PRINCIPLES OF QUALITY ASSURANCE FOR

KEBERLANJUTAN [G4-33] SUSTAINABILITY REPORTING [G4-33]
Data kinerja yang disajikan dalam laporan ini The performance data presented in this report aims
bertujuan untuk memberikan gambaran yang to provide a balanced and clear picture of the
seimbang dan jelas tentang kegiatan perusahaan. Company’s activities. The process of information and
Proses pengumpulan informasi dan data quantitative data collection has been formulated to
kuantitatif disusun sehingga menjamin data dapat ensure comparability of data across several years,
diperbandingkan selama beberapa tahun, agar to provide accurate and comprehensive information
diperoleh informasi secara benar dan lengkap bagi for all stakeholders.
para pemangku kepentingan.
Untuk menjamin kualitas informasi keuangan, To ensure the quality of financial information,
maka pada bagian Laporan Keuangan disajikan the Financial Statements are presented with the
pernyataan auditor independen dari Kantor independent auditor’s statement from public
Akuntan Publik PricewaterhouseCoopers. Namun accounting firm PricewaterhouseCoopers. However,
demikian, kami belum menggunakan penjaminan we have not conducted an assurance for the
untuk pelaporan keberlanjutan. sustainability reporting.

DAFTAR ISI
Table of Content
2 Kesinambungan Tema
Theme Continuity
5 Catatan atas Informasi Keberlanjutan

Notes to Sustainability Information
01 | KINERJA PERTAMINA EP 2014 02 | LAPORAN DEWAN KOMISARIS 03 | ANALISIS DAN PEMBAHASAN

Pertamina EP 2014 Performance DAN LAPORAN DIREKSI MANAJEMEN
Board of Commissioners’ Report and Board of Management’s Discussion and Analysis
Directors’ Report
14 Pencapaian Menghadapi Tantangan 60 Sambutan Dewan Komisaris 88 Tinjauan Industri Industrial Review
Achievement in Facing Challenges Board of Commissioners’ Message 92 Tinjauan Operasi Operational Review
16 Ikhtisar Keberlanjutan 62 Laporan Dewan Komisaris 107 Pemasaran Marketing
Overview of Sustainability Board of Commissioners’ Report 111 Pengelolaan Rantai Pasokan
18 Ikhtisar Kinerja Keuangan & Operasional 68 Profil Dewan Komisaris Supply Chain Management
Overview of Finance & Operational Board of Commissioners Profile 114 Prospek Usaha Business Prospects
Performance 70 Sambutan Direksi 116 Analisis Kinerja Keuangan
22 Peristiwa Penting 2014 Board of Directors’ Message Financial Performance Analysis
Significant Events 2014 74 Laporan Direksi 122 Analisis Posisi Keuangan
24 Penghargaan & Pengakuan Eksternal Board of Directors’ Report Financial Position Analysis
Awards & External Accolades 82 Profil Direksi 132 Rasio Kemampuan Membayar Utang dan
26 Sekilas Pertamina EP Board of Directors’ Profile Tingkat Kolektibilitas Piutang Perusahaan
Pertamina EP at a Glance 84 Pernyataan Tanggung Jawab Atas Solvency Ratio and Collectability Ratio of
38 Visi, Misi Dan Nilai Perusahaan Laporan Tahunan Terintegrasi 2014 The Company
Vision, Mission and Corporate Values Statement of Responsibility for 2014 139 Perbandingan antara Target Awal Tahun
40 Struktur Organisasi Integrated Annual Report Buku dengan Realisasi Tahun 2014 dan
Organizational Structure Proyeksi Tahun 2015
40 Pemegang Saham Utama, Entitas Anak, Comparison Between Beginning of Fiscal
Entitas Asosiasi & Pengendalian Bersama Year Target with Realization of 2014 And
Entitas Projection of 2015
Majority Shareholders, Subsidiaries,
Associates and Jointly Controlled Entities
42 Pejabat Senior Perusahaan
Corporate Senior Officers
52 Struktur Komposisi Saham
Structure and Composition of Shares
54 Pekerja Pertamina EP
Employee of Pertamina EP

INFORMASI LAPORAN TERINTEGRASI PERTAMINA EP MERUJUK PADA KRITERIA BAPEPAM-LK, OJK,
GRI, DAN ‘KERANGKA INTERNASIONAL LAPORAN TERINTEGRASI’ YANG DITERBITKAN OLEH THE
INTERNATIONAL INTEGRATED REPORTING COUNCIL (IIRC)
Information on Integrated Report of Pertamina EP refers to the criteria of Indonesian Capital Market and
Financial Institution Supervisory Agency (Bapepam-LK), Financial Services Authority (OJK), GRI, and International
Framework Integrated Report published by The International Integrated Reporting Council (IIRC)
04 | TATA KELOLA PERUSAHAAN

Corporate Governance
152 Tata Kelola Perusahaan yang Corporate Governance 192 Komite Penunjang Direksi 220 Sistem Pelaporan Pelanggaran
Baik Structure BOD Supporting Committees dan Whistle Blowing
Good Corporate Governance 162 Rapat Umum Pemegang 196 Sekretaris Perusahaan Whistleblowing
155 Peningkatan Penerapan Tata Saham (RUPS) Corporate Secretary 222 Keterbukaan Informasi
Kelola General Meeting of 198 Penghindaran Benturan Information Disclosure
Improvement of Governance Shareholders Kepentingan 224 Kepatuhan dan Perkara Hukum
Implementation 168 Dewan Komisaris Avoidance of Conflict of Legal Compliance and Litigations
156 Etika Kerja dan Bisnis Board of Commissioners Interest 226 Perubahan Regulasi
Work and Business Ethics 174 Direksi Board of Directors 200 Sistem Pengendalian Internal Regulatory Changes
158 Penilaian Penerapan Tata 184 Komite Audit Audit Committee dan Audit Internal 227 Pemenuhan Tanggung Jawab
Kelola Perusahaan 188 Komite Investasi dan Internal Control System and Sosial dan Lingkungan
Corporate Governance Manajemen Risiko Internal Audit Social and Environmental
Implementation Assessment Investment and Risk 208 Pengelolaan Risiko Responsibility Fullfillment
160 Struktur Tata Kelola Management Committee Risk Management
05 | K INERJA KEBERLANJUTAN YANG 06 | INFORMASI LAIN PERUSAHAAN

TERINTEGRASI SINERGI MANUSIA, PROSES, Company’s Other Information
TEKNOLOGI, DAN LINGKUNGAN HIDUP
Integrated Sustainability Performance
Synergy of People, Process, Technology,
and Environment
MEMBANGUN SINERGI / BUILDING SYNERGY 318 T onggak Sejarah Pertamina EP 330 Referensi Silang Peraturan Bapepam -
238 M anusia People Pertamina EP Milestones LK No.X.K.6, Indeks Isi GRI,
260 P roses Process 319 Kemitraan Perusahaan Suplemen Sektor Minyak & Gas, dan
272 Teknologi Technology Company Partnership Kerangka Laporan Terintegrasi
286 L ingkungan Environment 328 Lembaga dan Profesi Penunjang Cross Reference BAPEPAM - LK No.X.K.6
304 Tanggung Jawab Sosial Perusahaan Supporting Institutions and Professionals Regulation, GRI Content Index, Oil & Gas
Serta Pengembangan Sosial dan 329 Tingkat Kesehatan Perusahaan Tahun Sector Supplement, and Integrated Report
Kemasyarakatan 2014 Company Health Indicators 2014 Framework
Social and Community Development
Lembar Umpan Balik Feedback Form
Laporan Keuangan Financial Statements

KINERJA 2014
2014 Performance

Sepanjang tahun 2011-2014 kegiatan usaha Pertamina EP difokuskan untuk membangun
fondasi pertumbuhan yang berkelanjutan. Pada tahun 2014, tema ‘Sinergi: People, Process,
Technology, Environment’, menegaskan pencapaian pada setiap kegiatan operasi yang
saling menunjang satu sama lain untuk mencapai peningkatan produksi dan target jangka
panjang.
Throughout the years of 2011-2014, Pertamina EP business activities are focused to build the
foundation of sustainable growth. In 2014, the theme of ‘Synergy: People, Process, Technology,
Environment’, affirms the achievement at each mutually supporting operation activities in
order to achieve increasing production and long-term targets.

PENCAPAIAN MENGHADAPI
TANTANGAN
Achievements in Facing Challenges
1 PENCAPAIAN SEISMIK 2D SEBESAR 454 KM, 195%

2 PRODUKSI PADA LAPANGAN EKSISTING
DI ATAS TARGET YANG SEBESAR 233 KM. MENCAPAI SEBESAR 9.054 BOPD ATAU 169%
Achievement of 2D seismic was 454 km, or 195% DARI TARGET 5.438 BOPD.
above the target of 233 km. Productions on existing fields was 9,054 BOPD or
169% of the target of 5,438 BOPD.
5 PENERAPAN PERTAMINA DRILLING WAY

6 PENEMUAN SUMUR TERBESAR LOUISE DENGAN
PADA LAPANGAN BUNYU, ASSET 5 SEBAGAI PEROLEHAN MINYAK 8.280 BOPD.
PERCONTOHAN UNTUK KEMUDIAN Discovery of the largest well, Louise, with the oil
DIKEMBANGKAN DI LAPANGAN LAINNYA. recovery of 8,280 BPOD.
Application of Pertamina Drilling Way on Bunyu
Field, Asset 5 as a pilot project to be later
developed at other fields.
PEOPLE PROCESS
3,848 Bagi Pertamina EP, pekerja adalah

sumber daya sekaligus aset utama
5 Asset
Memenuhi
Pertamina EP melaksanakan grand
strategy pembenahan simultan
80%
untuk memastikan kesinambungan kondisi fasilitas produksi di seluruh
Pekerja bisnis dan operasional perusahaan. area, sehingga memberikan dampak
Employees Sinergi People di tahun 2014 nyata hingga di tahun 2014, meliputi
memampukan perusahaan memiliki Permintaan peningkatan produksi, peningkatan
sumber daya manusia (SDM) yang Migas Nasional kompetensi pekerja, efisiensi
kompeten, berkeahlian dan unggul. energi dan waktu, serta terjaganya
5 Assets meet 80% ketersediaan pasokan migas.
For Pertamina EP, employee is the
of national oil and
resource as well as the main asset Pertamina EP implements the
to ensure business and operational
gas demand grand strategy of simultaneous
continuity of the Company. Synergy improvement of production
of People in 2014 has enabled the facilities conditions throughout the
Company to possess competent, Company’s areas, thus providing
skilled and excellence human a real impact in 2014, covering
resources. increasing production, improvement
of employee’s competency, energy
and time efficiency, as well as the
security of oil and gas supply.

3 PENEMUAN CADANGAN EKSPLORASI (2C-INPLACE)
4 TAMBAHAN CADANGAN MIGAS P1 YANG
MIGAS SEBESAR 522 MMBOE, 155% DARI TARGET MENCAPAI 180,71 MMBOE MELEBIHI TARGET YANG
RKAP 2014. SEBESAR 41 MMBOE.
Discovery of oil and gas exploration reserves Additional oil and gas reserves P1 amounted to
(2C-Inplace) amounted to 522 MMBOE, or 155% of 180.71 MMBOE, above the target of 41 MMBOE.
2014 RKAP target.
7 PENCARIAN SUMBER CADANGAN BARU MINYAK

8 PENYELESAIAN PROGRAM PUT ON PRODUCTION
DENGAN EKSPLORASI LEPAS PANTAI (OFFSHORE) MENJADI PLAN OF DEVELOPMENT.
DI BLOK GLAGAH, KAMBUNA, SUMATRA UTARA. Completion of Put on Production program to Plan of
Search for new oil reserves source through offshore Development.
exploration in Glagah Block, Kambuna, North
Sumatra.
TECHNOLOGY ENVIRONMENT
20Field
Melalui sinergi teknologi, Perusahaan
terus berinovasi dalam proses
produksinya hingga menghasilkan
pemetaan kondisi produksi yang
155
Kabupaten Membangun
Pertamina EP mengintegrasikan
komitmen Deklarasi untuk Bumi
dalam Program CSR sebagai wujud
pelestarian lingkungan. Sinergi
Menerapkan Sistem komprehensif untuk kemudian dapat Kemandirian melalui Environment memastikan
Operasi Terpadu dikelola lebih baik. Pusat Pemberdayaan Perusahaan menyelesaikan
Masyarakat Pertamina tantangan di tengah masyarakat
20 Fields implement Through the synergy of technology, dan lingkungan, serta menjaga
Integrated the Company continues to 155 regencies build ketersediaan pasokan migas.
Operations System perform innovation on the self-reliance through
production processes to produce a Pertamina Community Pertamina EP integrates the
comprehensive production conditions commitment of Declaration to the
Empowerment Center
mapping to be better managed. Earth in the CSR program as a
form of environmental preservation.
Synergy of Environment ensures
the Company to complete the
challenges from the community
and the environment, as well as to
maintain the availability of oil and
gas supply.

IKHTISAR KEBERLANJUTAN
Overview of Sustainability
$ FINANCIAL
CAPITAL
MANUFACTURE
CAPITAL
INTELLECTUAL
CAPITAL
43.74% 1 179 MMBOE 1 USD 8 million 1

Return on Investment Realisasi temuan cadangan setara minyak Investasi Ketenagakerjaan
Realization of oil equivalent reserve Employment Investment
discovery
95.03% 2
Debt to equity ratio 117,030 BOPD 2 ASSET 3 2
Realisasi produksi minyak Inovasi penerapan pola stratigrafi
Realization of oil production di Field Subang
33.67% 3 Innovation of stratigraphic play
application in Subang Field
Net Profit Margin
86% + 3
Rasio keberhasilan sumur pemboran
eksplorasi dan eksploitasi 4 FIELD 3
Success ratio of exploration and Field menerapkan SSOP
exploitation drilling well Field applied POSS
Pencapaian Achievement
PEOPLE 2012 2013 2014
Rata-rata Jam Pelatihan Learning Days Average per employee 6.6 6.92 10.04
Hasil Survei Kepuasan Pekerja (Skala 5) Employee Satisfaction Survey Results (Scale 5) 3.01 3.22 3.06
Jam Kerja Selamat Safe Working Hours 75,359,555 87,594,329 88,455,337
Employee Turnover Ratio 1:2.7 1:23 1:2
Rata-rata penilaian HSE Kontraktor Contractor HSE assessment average 51.4 59.7 63.29
Realisasi Anggaran Ketenagakerjaan (USD) 10,187,684 6,109,291 8,033,804
Employment budget realization
PROCESS 2012 2013 2014
Proyek EOR, SSOP, Reaktifasi sumur, Tertiary Recovery (BOPD) 523 1,075 2,181
EOR Project, POSS, Well reactivation, Tertiary Recovery
Produksi minyak (MBOPD) Oil prodution 127.31 120.6 117.03
Produksi gas (MMSCFD) Gas production 1,053 1,031 1,044
Tumpahan minyak <15 BBLS (kali)* Oil spill >15 BBLS (times) 504 578 490
Kebakaran (Kerugian < USD10.000) Fire (Losses < USD10,000) 6 10 5
Sertifikasi Fasilitas Produksi Production Facility Certification 90% 96.55% 98.55%
Pemanfaatan kembali air terproduksi Produced water reuse 100% 100% 100%
Penghematan pengelolaan rantai pasokan 5.25% 5.47% 3.29%
Supply chain management saving
*) Sejak 5 tahun pelaporan terakhir, Perusahaan tidak pernah menghadapi tumpahan minyak > 15 BBLS
*) Since the last 5 years of reporting, the Company had never experienced oil spills > 15 BBLs

HUMAN SOCIAL AND NATURE
CAPITAL RELATIONSHIP CAPITAL
CAPITAL
3.06 (dari skala 5/from scale 5) 1 155 Kabupaten Regencies 1 14 1

Survei kepuasan pekerja Penerima manfaat Pusat Pemberdayaan Penghargaan PROPER Hijau
Employee satisfaction survey Masyarakat Pertamina Green PROPER Award
Beneficiaries of Pertamina Community
88,455,377 2 Empowerment Center 25.52 % 2
Jam kerja selamat melalui Reduksi Emisi GHG sejak 2010
penerapan QHSEE IDR 89 miliar billion 2 GHG Emission Reduction since 2010
Safe working hour through Biaya investasi kemasyarakatan
implementation of QHSSE Social investment cost 425,986 3
Penanaman pohon
14 Field 3 68.46% 3 Tree planting
Mendapatkan sertifikasi Komposisi pemberdayaan
internasional ISRS pemasok lokal melalui TKDN IDR 126 miliar billion 4
Achievement of ISRS Composition of local supplier Biaya pengelolaan lingkungan
international certification development through TKDN Environmental management cost
TECHNOLOGY 2012 2013 2014
Field menerapkan SSOP Field applied POSS 4 4 4

Field menerapkan iADMS Field applied iADMS 0 1 1
Efisiensi biaya Managed Print Service 19.8% 45% 45%
Managed Print Service cost efficiency
ENVIRONMENT 2012 2013 2014
Peringkat PROPER PROPER Rating

Hijau Green 12 19 14
Biru Blue 14 7 10
Reduksi Emisi Gas Rumah Kaca sejak 2010 9.87% 16.51% 25.52%
Greenhouse Gas Emisison Reduction since 2010
Jumlah Pohon Ditanam Number of Planted Trees* 199,128 392,587 425,986
Pemanfaatan Kembali Limbah Non-B3 Non-hazardous Waste Reuse 29.3% 25.7% 24.95%
Pemasangan Solar Cell Solar Cell Installation 207 615 481
Realisasi Anggaran CSR (IDR miliar) CSR Budget Realization 68 125 89
Realisasi Anggaran Pengelolaan Lingkungan (juta USD) 15 15 13
Environmental Management Budget Realization (million USD)
*Pohon yang ditanam 100% tumbuh dengan baik melalui teknik sulam yang dibantu masyarakat lokal
*100% of the planted trees have grown well through replanting system with support from local community

IKHTISAR KINERJA KEUANGAN
& OPERASIONAL
Overview of Finance & Operational Performance
LABA BERSIH (JUTA USD) NET PROFIT MARGIN (%)

Net Profit Net Profit Margin
2012 1,946 2012 36.60 Realisasi Produksi

296 Setara Minyak
Realization of Oil Equivalent
2013 1,989 2013 39.78 MBOEPD Production
2014 1,586 2014 33.67
REALISASI PRODUKSI JUMLAH ASSET (JUTA USD)

SETARA MINYAK (MBOEPD)
Oil Equivalent Production Realization
Total Asset (million USD)
43.74% Return
On Investment
2012 309 2012 10,920
2013 299 2013 12,294
2014 296 2014 8,604

33.67% Net Profit Margin
PROPER HIJAU JAM KERJA SELAMAT

Green PROPER Safe Working Hour
2012 12 2012 75,359,555
Reduksi Emisi
2013 19 2013 87,594,324
25.5% sejak 2010
Emission Reduction since 2010
2014 14 2014 88,455,337

IKHTISAR KINERJA KEUANGAN (JUTA USD) [G4-9] [G4-EC1] [IR3] [IR4]
Financial Performance Highlights (Million USD)
IKHTISAR KEUANGAN 2011 2012 2013 2014 FINANCIAL HIGHLIGHTS
Laba Rugi Income Statement

Pendapatan Usaha Minyak Mentah, Gas Bumi, dan Operating revenues from Crude Oil, Natural Gas
5,044 5,319 5,001 4,710 and Liquefied Petroleum Gas (LPG)
Liquefied Petroleum Gas (LPG)
Beban Usaha Operating Expenses
Beban Eksplorasi - (106) (202) (145) (152) Exploration Expenses
Beban Produksi - (1,483) (1,698) (1,605) (1,623) Exploitation Expenses
Beban Umum dan Administrasi - (167) (242) (164) (162) General and Administration Expenses
Pendapatan Operasional Lainnya (3) 62 178 (33) Other Operating Revenues
Laba Sebelum Pajak 3,285 3,239 3,264 2,741 Earnings Before Tax
Beban Pajak Penghasilan (1,345) (1,293) (1,275) (1,154) Net Profit for the Year
Laba Bersih Tahun Berjalan 1,940 1,946 1,989 1,586 Profit attributable to owners of parent entity
Laba Komprehensif 1,040 1,946 1,989 1,586 Comprehensive Profit
Year End Exchange Rate per USD1,00 – Income
Kurs Nilai Tukar Akhir Tahun per USD1,00 Rugi Laba 8,779 9,380 10,451 11,878 Statement
NERACA 2012 2013 2014 BALANCE SHEET
Jumlah Aset 10,920 12,924 8,604 Total Assets

Jumlah Kewajiban 3,663 3,677 4,192 Total Liabilities
Jumlah Ekuitas 7,258 9,247 4,412 Total Equity
Modal Kerja Bersih 5,304 6,765 1,548 Net Working Capital
Jumlah Investasi Pada Entitas Lain 0 0 0 Total Investment in Other Entities
Kurs Nilai Tukar Akhir Tahun per USD1,00 Neraca 9,670 12,189 12,440 Year End Exchange Rate per USD1,00 – Balance Sheet

IKHTISAR KINERJA KEUANGAN & OPERASIONAL
Overview of Finance & Operational Performance
RASIO Ratio 2012 2013 2014
Profitabilitas Profitability
Return On Investment 36.04% 30.49% 43.74%
Return On Equity 36.65% 27.41% 56.14%
Operating Profit Margin 59.73% 61.72% 58.88%
Net Profit Margin 36.60% 39.78% 33.67%
Likuiditas Liquidity
Current Ratio 474.79% 574.85% 216.80%
Cash Ratio 8.09% 14.70% 12.77%
Solvabilitas Solvency
Debt to Equity Ratio 50.47% 39.77% 95.03%
Debt to Asset Ratio 33.54% 28.45% 48.73%
Long Term Debt to Equity 30.97% 24.36% 65.00%
Long Term Debt to Asset 20.58% 17.43% 33.33%
Equity to Asset Ratio 66.46 71.55 51.27%
Perputaran Turnover
Collection Period (CP) Hari/Days 22 15 15
Perputaran Persediaan Hari/Days 8 11 12
Total Asset Turnover 55.56% 45.10% 67.47%
KINERJA OPERASIONAL KOMERSIALITAS

Operational Performance Commerciality
AKTIVITAS BISNIS /
2012 2013 2014 AREA 2012 AREA 2013 2014
Business Activities
EKSPLORASI EXPLORATION MINYAK MENTAH (MBBLS) Crude Oil
Realisasi Survei Seismik Lifting Region Sumatera
17,912 Lifting Asset 1 5,789 6,208
Realization of Seismic Survey Sumatra Region Lifting
- 2D (Km) 4,054 926 4541)
Lifting Region Jawa
- 3D (Km2) 2,381 1,830 2,2092) 18,148 Lifting Asset 2 8,225 7,850
Java Region Lifting
Realisasi Pemboran Sumur Eksplorasi
24 17 14 3)
Lifting Region KTI
Realization of Exploration Well Drilling 9,757 Lifting Asset 3 5,028 5,080
EIR Region Lifting
Rasio Keberhasilan Sumur Eksplorasi
79% 73% 89% Lifting Asset 4 9,814 9,052
Exploration Well Success Ratio
Realisasi Temuan Cadangan (2C) Inplace Lifting Asset 5 7,491 8,007
(MMBOE) Lifting Mitra
455 432 522 6,812 6,125
Realization of (2P) Inplace Reserve (TAC & KSO)
Discovery (MMBOE)
Lifting Total Total Lifting 45,817 Lifting Total 43,159 42,322
Realisasi Temuan Cadangan (2C) RR
(MMBOE)
229 161 179
Realization of (2P) RR Reserve Discovery GAS (MMSCF)
(MMBOE)
Region Sumatra Sales
EKSPLOITASI* Exploitation* 156,630 Lifting Asset 1 31,771 31,160
Sumatra Region Sales
Realisasi Sumur Kerja Ulang Pindah Lapisan Region Jawa Sales
140 118 854) 130,177 Lifting Asset 2 123,708 135,507
Realization of Work Over Well Java Region Sales
Realisasi Pemboran Sumur Pengembangan Region KTI Sales
148 156 1005) 2,124 Lifting Asset 3 115,191 100,968
Realization of Development Well Drilling
EIR Region Sales
Realisasi Produksi Gas (MMSCFD)
1,054 1,031 1,044 Lifting Asset 4 5,677 12,271
Realization of Gas Production (MMSCFD)
Lifting Asset 5 1,658 2,285
Realisasi Produksi Minyak (MBOPD)
127.31 120.6 117.03 Lifting Mitra
Realization of Oil Production (MBOPD)
9,168 2,645
Realisasi Produksi Setara Minyak (MBOEPD) (TAC & KSO)
Realization of Oil Equivalent Production 309 298.5 296 Total Sales 290,931 Lifting Total 287,171 284,834
(MBOEPD)
Keterangan :
Catatan: - P erusahaan melaksanakan restrukturisasi per 28 Februari 2013
1)
454 = Operasi Sendiri Own Operation 260 & Mitra Partner 194 The Company conducted restructuring as of February 28, 2013
2)
2,209 = Operasi Sendiri Own Operation 2,126 & Mitra Partner 83 - Nilai
Komersialitas menggunakan data field dan proyek pengembangan
Commerciality value based on field and development project data
3)
14 = (9 Selesai Completed + 5 Dalam Proses On Progress)
4)
5)

INFORMASI HARGA SAHAM SHARE PRICE INFORMATION
Sampai dengan akhir tahun 2014, Pertamina EP Until the end of 2014, Pertamina EP did not trade
tidak melakukan perdagangan saham sehingga any shares, thus there was no information on
tidak ada informasi harga saham tertinggi, harga highest share price, lowest share price, the closing
saham terendah dan harga saham penutupan, share price and volume of traded shares as well as
volume saham yang diperdagangkan, serta corporate action on shares and stock suspension.
informasi tentang aksi korporasi terhadap saham
dan tindakan penghentian perdagangan saham.
INFORMASI OBLIGASI, SUKUK ATAU OBLIGASI BOND, SUKUK (ISLAMIC BOND) OR

KONVERTIBEL CONVERTIBLE BONDS INFORMATION
Sampai dengan akhir tahun 2014, Pertamina EP Until the end of 2014, Pertamina EP did not issue
tidak menerbitkan obligasi, sukuk dan obligasi any bonds, sukuk (Islamic bond) and convertible
konversi sehingga tidak ada informasi terkait bonds, thus there was no information regarding
dengan jumlah obligasi/sukuk/obligasi konversi the amount of outstanding bond/sukuk/convertible
yang beredar, tingkat bunga/imbalan, tanggal jatuh bonds, interest rate/yield, maturity date and ratings
tempo dan peringkat obligasi/sukuk of bonds/sukuk
LEMBAGA PROFESI PENUNJANG PERUSAHAAN THE COMPANY'S SUPPORTING PROFFESIONAL

Akuntan Publik INSTITUTION
Tanudiredja, Wibisana & Rekan (PWC) Public Accountant
Jl HR Rasuna Said Kav C-3 Mega Plaza Lt 4,Karet, Tanudiredja, Wibisana & Partners (PWC)
Setiabudi, Jakarta 12920 - Indonesia Jl HR Rasuna Said Kav C-3 Mega Plaza 4th Floor,
Tel: (62-21) 521 1134, Fax: (62-31) 531 4503 Karet, Setiabudi, Jakarta 12920 - Indonesia
website: pwcglobal.com Tel: (62-21) 521 1134, Fax: (62-31) 531 4503
website: pwcglobal.com
Pertamina EP adalah Perseroan Terbatas yang Pertamina EP is a limited Liability Company. This
bersifat tertutup. Laporan ini tidak menyertakan report does not include information of Securities
informasi mengenai Biro Administrasi Efek dan Administration Agencies and Credit Rating
Perusahaan Pemeringkat Efek. Company.

PERISTIWA PENTING 2014
Significant Events 2014
Pertamina EP Asset 1 Field

Pertamina EP melakukan Rapat Umum Pemegang Rantau menyelesaikan
aksi Tanggap Bencana Saham (RUPS) pengeboran Sumur
di berbagai daerah di diselenggarakan di Ruang RNT-DZ7 Struktur Rantau
Indonesia. Pertamina Rapat Direksi Kantor Pusat di Kecamatan Rantau,
EP membantu para PT Pertamina EP, Menara Aceh Tamiang yang
pengungsi Gunung Standard Chartered, membuktikan bahwa
Sinabung, para korban Jakarta dan dihadiri BOD, Struktur Rantau Zona
banjir Tarakan, dan para BOC, VP, GM, pemegang Z-800 Blok A1 masih
korban banjir di kawasan Penandatanganan
saham serta undangan sangat prospektif untuk
Pantura bekerja sama perjanjian kerjasama
lain termasuk Notaris. dikembangkan dan
bidang keamanan antara Pertamina EP Rantau Field
dengan Global Rescue mengandung minyak yang
Pertamina EP Asset 2 dan Cepu Field meraih
Network General Meeting of sangat ekonomis.
dengan Panglima Kodam penghargaan Indonesia
Shareholders (GMS) was
Penetapan Pribadi Green Awards 2014 di
Pertamina EP carried held at the Meeting Room Sriwijaya yang diwakili PT Pertamina EP Asset 1
of the Board of Directors Mahagunabangsa bidang lingkungan untuk
out Disaster Response Danrem 0404 GAPO. Rantau Field completed the
actions in various regions at PT Pertamina EP Head drilling of RNT-DZ7 Well, sebagai GM Asset 2. kategori pengembangan
in Indonesia. Pertamina Office, Menara Standard The signing of a Rantau Structure in Rantau Penetapan Chalid Said keanekaragaman hayati.
EP helped refugees of Chartered, Jakarta, and cooperation agreement District, Aceh Tamiang, Salim sebagai GM Asset 4.
Mount Sinabung eruption, was attended by BOD, in security between PT which proved that the Pertamina EP Rantau Field
Tarakan flood victims, and BOC, VP, GM, Shareholders Pertamina EP Asset 2 and Rantau Structure of Z-800 Appointment of Pribadi and Cepu Field received
the victims of flooding in of the Company as well as Sriwijaya Regional Military Zone, A1 Block, remains Mahagunabangsa as GM Indonesia Green Awards
the northern coast region other invitees including the Commander represented very prospective to be Asset 2. Appointment of 2014 in the environment for
in collaboration with the Notary. by 0404 GAPO Resort developed and contains Chalid Said Salim as GM Biodiversity development
Global Rescue Network Military Commander. highly economical oil Asset 4. category.
JANUARY FEBRUARY MARCH APRIL MAY JUNE
Penandatanganan berita Pertamina EP menemukan Pertamina EP Asset 2 Field Jatibarang meraih Pertamina EP Asset 4 Cepu
acara pelaksanaan kandungan gas sebesar Prabumulih berhasil Penghargaan Kecelakaan Field bersama dengan
pemenuhan kewajiban 16 MMSCFD dan meningkatkan produksi Nihil (Zero Accident Award) Kesatuan Pemangkuan
lahan kompensasi dari kondensat sebesar 175 menjadi 24.801 barrel dari Kementerian Tenaga Hutan (KPH) Parengan
Pertamina EP kepada barel per hari (BPH) pada oil per day (BOPD), yang Kerja dan Transmigrasi. meresmikan Penangkaran
Kementerian Kehutanan, Proyek Pengembangan merupakan produksi tertinggi Rusa Jawa (Cervus
di Jakarta. Gas Matindok di Sulawesi dibandingkan bulan-bulan Jatibarang Field achieved timorensis) di Kecamatan
Tengah. sebelumnya. Zero Accident Award from Malo Bojonegoro Jawa
The signing of minutes of the Ministry of Manpower Timur
the implementation of land and Transmigration.
Pertamina EP found 16 Pertamina EP Asset 2
compensation obligation MMSCFD gas deposit Prabumulih managed to PT Pertamina EP Asset
payment from PT and175 barrels per increase production to 4 Cepu Field and the
Pertamina EP to the Ministry day (BPD) condensate 24,801 barrels of oil per day Forest Management
of Forestry, in Jakarta. at Matindok Gas (BOPD), which is the highest Unit (KPH) Parengan
Development Project in production compared to inaugurated Java Deer
Central Sulawesi. previous months. (Cervus timorensis) Captive
Breeding in Malo District,
Bojonegoro, East Java

Pertamina EP meraih
empat penghargaan
dalam Annual Pertamina
Subsidiary Award
2014 (APSA) yaitu The
Best Implementation
Community Involvement
Pertamina EP meresmikan & Development 2013,
perjanjian kerja sama The Implementation
pengelolaan lapangan of Enterprise Risk
Mogoi Wasian dengan Management 2013, The
PT Petro Papua Mogoi Best Annual Report 2013
Wasian yang dihadiri dan The Second Best
oleh Presiden Direktur Chief Risk Officer 2013
Pertamina EP, Adriansyah, melalui Lukitaningsih
General Manager Asset selaku Finance and
5 Abdul Khalik, dan Business Support Director
Direktur PT Petro Papua Pertamina EP
Moggoi Wasian, Binsar
Lumbantobing, beserta Pertamina EP won four
jajaran manajemen. awards in the Annual
Pertamina Subsidiary
Pertamina EP formalized Award (APSA) 2014 namely
management cooperation The Best Implementation Pertamina EP Asset 5 Pertamina EP meraih
agreement of Mogoi Community Involvement penghargaan The Best
menemukan potensi
Wasian field with PT Petro & Development 2013,
migas di bawah sungai Management dan The Best
Papua Mogoi Wasian The Implementation
Pertamina EP menemukan Mahakam melalui Suggestion System dalam
which was attended by PT of Enterprise Risk
Pertamina EP President potensi gas dan Management, 2013, The pengeboran sumur MRA- Annual Pertamina Quality
Director Adriansyah, condensate di sumur Best Annual Report 2013 1065 (UMM-01) (APQ) Awards 2014
General Manager Asset eksplorasi PDL-1 and The Second Best
5 Abdul Khalik, and PT Chief Risk Officer in 2013 Pertamina EP Asset 5 Pertamina EP was awarded
Petro Papua Director Pertamina EP found gas awarded to Lukitaningsih found potential oil & gas the Best Management and
Moggoi Wasian Binsar and condensate potential as Finance and Business under the Mahakam river the Best Suggestion System
Lumbantobing, along with in the PDL-1 exploration Support Director of PT by drilling MRA 1065 (UMM- in the Annual Pertamina
the management well Pertamina EP 01) well Quality (APQ) Awards 2014
JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER
Pertamina EP Asset PT Pertamina EP Asset Pertamina EP Asset 3 Pertamina EP meraih Pertamina EP mendapatkan Pertamina EP mengadakan
5 Tarakan Field 3 Subang Field menjadi dan Kodam III Siliwangi penghargaan ‘Special penghargaan di Hulu Knowledge Sharing Forum
mengembangkan nominator pada ajang The menandatangani MoU Appreciations for Internal Day yaitu dalam kategori Upstream Expertise 2014
teknologi pemanfaatan 5thEthical Corporation’s Pembinaan Teritorial Partner’ dalam Pertamina peningkatan produksi yang yang menghadirkan 12
tenaga sinar matahari Annual Responsible dalam rangka bantuan Lubricants Awards 2014 signifikan diraih oleh Asset ahli yang berpengalaman
(solar cell) untuk budidaya Business Awardyang Pengamanan Obvitnas 5 dan kategori tim proyek dari Direktorat Hulu untuk
rumput laut. diselenggarakan oleh Strategis Pertamina EP was awarded eksplorasi yang berhasil memberikan materi kepada
Ethical Corporation the ‘Special Appreciations menambahkan angka para pekerja Pertamina EP
Pertamina EP Asset 5 PT Pertamina EP Asset for Internal Partner’ in cadangan dengan angka
(EC)untuk kategori The
Tarakan Field developed 3 and Siliwangi Military Pertamina Lubricants Pertamina EP held Knowledge
Most Effective Domestic resources tertinggi selama
solar energy utilization Command III signed Awards 2014 Sharing Forum Upstream
Community Investment 2013-2014
technologies (solar cell) for an MoU on Territorial Expertise 2014 which
The Most Effective
seaweed cultivation. Development in order to presented 12 experienced
Domestic Community Pertamina EP received an
support Strategic National experts of the Directorate of
Investment. award on Hulu Day for the
Vital Objects Protection Upstream to provide material
category significant increase
to the employees of PT
in production achieved
PT Pertamina EP Asset Pertamina EP
by Asset 5 and category
3 Subang Field was
exploration project team
nominated in the 5th
who successfully increased
Ethical Corporation’s
the reserve number to the
Annual Responsible
highest number of resources
Business Award organized
during 2013-2014
by Ethical Corporation (EC)
for the category of The
Most Effective Domestic
Community Investment

PENGHARGAAN
& PENGAKUAN EKSTERNAL
Awards & External Accolades
PENGHARGAAN DAN PENGAKUAN DARI EXTERNAL AWARDS AND ACCOLADES

EKSTERNAL
Kinerja Pertamina EP tahun 2014 yang Pertamina EP’s encouraging performance in 2014
membanggakan mendapatkan apresiasi dari has garnered recognition from the parent Company
Perusahaan entitas induk dan pihak eksternal and external parties through the achievements
melalui raihan dari berbagai kategori dan berbagai in various categories and various awards events,
ajang penyelenggaraan penghargaan, meliputi: including:
PENGHARGAAN & PENGAKUAN EKSTERNAL

Awards & external accolades
NO NAMA PENGHARGAAN NAME OF AWARD KEGIATAN EVENT

1 The Best Implementation Community Involvement &
Development 2013 Annual Pertamina Subsidiary Award 2014 (APSA) from PT
Pertamina (Persero)
The Implementation of Enterprise Risk Management 2013 Diterima oleh Fungsi Legal & Relations dan Fungsi
The Best Annual Report 2013
Strategic Planning & Risk Management. Tanggal 22
Agustus 2014.
The Second Best Chief Risk Officer 2013 Received by Legal & Relations Function and Strategic Planning &
Risk Management Function. Date received August 22, 2014.
2 The Most Inspiring Leader APQ Award 2014 dari PT Pertamina (Persero) Jakarta,
Best Suggestion System (SS Tedy Rusdi) Tanggal 5 November 2014
APQ Award 2014 from PT Pertamina (Persero) Jakarta, on
November 5, 2014.
3 Diamond Category for QCP JATIBARANG Qualcon 2014 Adelaide. October 20, 2015
4 Silver Category for QCP BACK PRESSURE dan SS PRIMA International Convention on QC Circles (ICQCC) Colombo.
Date received October 15, 2014
5 Silver Category for QCP CAPRES NEKAT dan SS KOMANG International Conference on Quality (ICQ)
& ANGGA Tokyo. Date received October 22, 2014
6 Three Stars Category for QCP FRACTOPS Asia Productivity Quality Organization (APQO)
Kualalumpur. Date received November 25, 2014
7 Kategori Platinum untuk PKM RENCONG Temu Karya Mutu dan Produktivitas Nasional (TKMPN)
Platinum category for PKM Rencong Batam. Date received November 21, 2014
8 Kategori Silver untuk PKM SINDANG Temu Karya Mutu dan Produktivitas Nasional (TKMPN)
Silver category for PKM Sindang Batam. Date received November 21, 2014
9 PROPER HIJAU untuk 14 Field PROPER dari Kementerian Lingkungan Hidup
Green PROPER for 14 Fields Keputusan MENLH No. 180 Tahun 2014
PROPER BIRU untuk 10 Field tanggal 1 Desember 2014
PROPER from Ministry of Environment, Decree of Minister of
Blue PROPER for 10 Fields
Environment Number 180 Year 2014
dated December 1, 2014
10 Indonesia Green Awards 2014 for CSR implementation Penghargaan oleh La Tofi The School of CSR
on the environmental sector, category biodiversity tanggal 18 Juni 2014
development by Rantau Field and Cepu Field Award by La Tofi the School of CSR on June 18, 2014
11 Benchmarking Implementasi Manajemen Risiko Pelaksanaan tanggal 29 April 2014 berdasarkan
oleh PT Askrindo permintaan Surat PT Askrindo No. 80/MRK tanggal 15
Benchmarking of Risk Management Implementation April 2014. Yang menerima dan melaksanakan Fungsi
by PT Askrindo Strategic Planning & Risk Management
Carried out in April 29, 2014 based on request letter of PT
Askrindo Number 80/MRK dated April 15, 2014. Received and
implemented by Strategic Planning & Risk Management Function
12 Certificate of Appreciation from Global Rescue Network Memberikan bantuan bagi korban banjir Jakarta bulan
for Legal and Relations Division Februari 2014
Distributed assistance for Jakarta flood victims on February 2014.
13 Special Appreciations for Internal Partner from Lubricants Award 2014 Distributed October 31, 2014
Pertamina Lubricants
14 Nominasi Ethical Corporation's Responsible Business The 5th Ethical Corporation’s Annual Responsible Business
Award 2014 London Award. Received by Asset 3 Subang Field on September
29, 2014
15 Pengguna Pelumas Dalam Negeri Terbesar Anugerah Cinta Karya Negeri SKK Migas
The largest domestic lubricants user on June 17, 2014
16 Kerjasama Operasi Kategori Seluruh Aplikasi Oil & Gas
Anugerah Cinta Karya Negeri SKK Migas
Operational cooperation for whole oil and gas application
on June 17, 2014
category

KEPATUHAN PADA PRINSIP EKSTERNAL COMPLIANCE WITH EXTERNAL PRINCIPLES
DAN SERTIFIKASI [G4-15] AND CERTIFICATION [G4-15]
Sesuai dengan Kebijakan Presiden Direktur Pertamina In accordance with the Policy of President Director of
EP tanggal 22 November 2013 melalui Memorandum Pertamina EP dated November 22, 2013 through a
tentang Integrasi ISO Series secara Vertikal dan Memorandum on ISO Series Vertical and Horizontal
Horisontal, pada tahun 2014 mulai dibangun Sistem Integration, in 2014 an integrated and dynamic
Manajemen Pertamina EP terintegrasi yang bersifat Management System of Pertamina EP began to
dinamis untuk membangun process dan operational be developed to build process and operational
excellence, serta mendukung implementasi strategi excellence, as well as supporting the implementation
perusahaan dengan misi sebagai berikut: of the company’s strategy with the following missions:
• Membangun Sistem Manajemen Standar di • Develop Management System Standard
seluruh Pertamina EP yang Simple, Implemented, in the entire Pertamina EP, which is Simple,
Terintegrasi dan Efektif (SITE). Implemented, Integrated and Effective (SITE)
• Membangun Proses Operasional mengacu • Establish Operational Process referring to the
kaidah Good Oil & Gas Engineering Best Practice world class Good Oil & Gas Engineering Best
kelas dunia. Practice principle
• Mendukung peningkatan produktivitas • Support optimal improvement of the Company’s
perusahaan secara optimal. productivity
Strategi yang digunakan untuk membangun Sistem The strategy used to develop Pertamina EP
Manajemen Pertamina EP tersebut adalah dengan Management System is the implementation of
menerapkan Standar Tata Kerja (STK) terpusat (Top a centralized (Top Down) Standard Working
Down), dimana Function Head adalah sebagai Procedures (STK), in which the Function Head is
pengelola sistem dan fungsi OCOE sebagai a system administrator and OCOE function as a
pengendali dan standarisasi sistem. controller and system standardization.
Dengan adanya kebijakan tentang Integrasi With the policy on Pertamina EP Management
Sistem Manajemen Pertamina EP pada Tahun 2014 System Integration in 2014, the achievements are as
tersebut, Perusahaan mampu mencapai hal-hal follows:
berikut: 1. Pertamina EP managed to draft a centralized
1. Pertamina EP berhasil menyusun STK Pertamina Pertamina EP STK in accordance with the
EP yang terpusat sesuai dengan requirement best requirements of best practice (KKEP, ISO Series,
practice (KKEP, ISO Series, OHSAS dan ISRS7) OHSAS and ISRS7)
2. Pertamina EP berhasil mengurangi jumlah 2. Pertamina EP succeeded in reducing the number
sertifikat yang berada di seluruh Pertamina of certificates across Pertamina EP with a total
EP dengan total jumlah 57 Sertifikat dengan number of 57 certificates by earning certificates
mendapatkan sertifikat secara terintegrasi vertikal in vertical and horizontal integration of ISO
dan horizontal ISO 9001:2008; 14001:2007 dan 9001:2008; 14001:2007 and OHSAS 18001:2004
OHSAS 18001:2004 di seluruh Pertamina EP. in the entire Pertamina EP.
KEPATUHAN PADA PRINSIP EKSTERNAL DAN SERTIFIKASI [G4-15]

Compliance with External Principles and Certification
SERTIFIKASI Certification KETERANGAN Description BERLAKU Received until

ISO 20000-1:2011 Pemberi Awarded by: Diperoleh sejak Received since :
Manajemen Layanan Teknologi Informasi Untuk Layanan Servis G&G British Standard Institution September 2013
Management of Information Technology Service for G&G Service Penerima Received by: Berlaku hingga Effective until:
ICT PT Pertamina EP September 2016
Diperoleh sejak Received since:
ISO 9002:2008 Pemberi Awarded by:
Mei 2014
Pengadaan Barang dan Jasa British Standard Institution Penerima
Berlaku hingga Effective until:
Procurement of Goods and Services Received by: PT Pertamina EP
September 2016
Diperoleh sejak Received since
Pemberi Awarded by:
: Mei 2014
ISO 14001:2004 British Standard Institution Penerima
Berlaku hingga Effective until:
Received by: PT Pertamina EP
2016
Pemberi Awarded by: Diperoleh sejak Received since:
OHSAS 18001:2007 British Standard Institution Mei 2014
Manajemen Kesehatan dan Keselamatan Kerja
Penerima Received by: Berlaku hingga Effective until:
Occupational Health and Safety Management 2016
PT Pertamina EP
Pemberi Awarded by: Diperoleh sejak Received since:
ISO/IEC 27001:2006
Bureau Veritas, London Desember 2013
Sistem Keamanan Informasi untuk Manajemen Rantai Pasokan Berlaku hingga Effective until:
Penerima Received by:
Information Security System for Supply Chain Management SCM & GS PT Pertamina EP 2016

SEKILAS PERTAMINA EP
Pertamina EP at a Glance
NAMA PERUSAHAAN [G4-3]

Corporate Name
PT Pertamina EP
BIDANG USAHA Business Sector KEGIATAN USAHA PERUSAHAAN SESUAI BUSINESS ACTIVITIES ACCORDING TO
Minyak dan Gas Oil and Gas ANGGARAN DASAR [G4-4] ARTICLES OF ASSOCIATION [G4-4]
Sesuai Anggaran Dasar Perusahaan yang terakhir According to the most recent Articles of Association
PENDIRIAN PERUSAHAAN
Company Establishment kali dan termuat dalam akta No.15 Tanggal 10 and contained in the notarial deed Number 15
13 September 2005 Juli 2013 yang dibuat notaris Marianne Vincentia Dated 10 July 2013 by Marianne Vincentia Hamdani
MODAL DASAR Hamdani SH di Jakarta, dan telah memperoleh SH in Jakarta, and received a letter of Approval
Authorized Capital surat Persetujuan Perubahan Anggaran Dasar dari on Amendment of Articles of Association from the
Rp1.000.000.000.000, - ( Satu triliun Menteri Hukum dan HAM No.AHU-47131.AH.01.01 Minister of Justice and Human Rights No.AHU-47131.
rupiah) terbagi atas 1.000.000 Tahun 2013, Tanggal 6 September 2013, dinyatakan AH.01.01 of 2013, dated September 6, 2013,
(Satu juta lembar saham, masing-
masing saham bernilai nominal bahwa maksud dan tujuan Perusahaan adalah stipulates that purpose and goal of the Company
Rp1.000.000) menyelenggarakan usaha di sektor hulu bidang are conducting business in the upstream sector of
minyak, gas bumi, coal bed methane dan shale gas, oil, gas, coal bed methane and shale gas, including
IDR 1,000,000,000,000 - (One trillion
rupiah) divided into 1,000,000 (one
meliputi eksplorasi dan eksploitasi serta penjualan exploration and exploitation, as well as sales of oil,
million shares, nominal value per share produksi minyak, gas bumi, coal bed methane dan gas, coal bed methane and shale gas production,
IDR 1,000,000) shale gas, hasil kegiatan usaha eksplorasi dan results of exploration and exploitation operations.
MODAL DITEMPATKAN eksploitasi.
DAN DISETOR PENUH
per 31 Desember 2014 Adapun produk yang dihasilkan Perusahaan pada The Company’s products during the reporting period
ISSUED AND PAID-IN CAPITAL as of kurun waktu periode pelaporan adalah minyak are crude oil and natural gas. [G4-4]
December 31, 2014
Rp 250.000.000.000 (Dua ratus mentah dan gas bumi. [G4-4]
lima puluh milyar rupiah)
IDR250,000,000,000 (Two hundred
and fifty billion rupiah)
DASAR HUKUM PENDIRIAN REALISASI OPERASIONAL DAN KOMERSIALITAS
Legal Basis of Establishment Operational and commerciality realization
Law Number 22 Year 2001
KANTOR PUSAT [G4-5]
Head Office
Jakarta
01 EKSPLORASI 02 EKSPLOITASI 03 KOMERSIALITAS
Exploration Exploitation Commerciality
ALAMAT PERUSAHAAN [G4-5]
Corporate Address
Standard Chartered Tower
Temuan cadangan
522 MMBOE(2C-Inplace) atau
1,044 Produksi Gas 42,322 Penjualan Minyak
Mentah
Jl. Prof. Dr. Satrio No. 164 Jakarta MMSCFD Gas Production MBBLS
179 MMBOE (2C-RR) Crude Oil Sales
12950 - Indonesia
Telp: 021-57893199,
Fax: 021-57946279 Reserve discovery of 117,030 Produksi Minyak
Oil Production
284,834 Penjualan Gas
Gas Sales
522 MMBOE (2C-Inplace) or BOPD MMSCF
ALAMAT KONTAK [G4-31] 179 MMBOE (2C-RR)
Contact Address
VP. Legal & Relations
Standard Chartered Tower 12th Floor
Jl. Prof. Dr. Satrio No. 164 KOMPOSISI
Jakarta 12950 - Indonesia KEPEMILIKAN SAHAM [G4-7] 0.01% 99.99%
: (021) 57893199, Pertamina Dana Ventura PT Pertamina (Persero)
: (021) 57946279 Shareholding Composition
Email:
datu.priyatna@pep.pertamina.com

SEJARAH SINGKAT
Milestone
SEJARAH SINGKAT PERUSAHAAN
PT Pertamina EP atau selanjutnya disebut Pertamina EP
didirikan pada 13 September 2005, sebagai pelaksanaan
2014
Undang-Undang No.22 Tahun 2001 tentang Minyak dan
Gas Bumi (UU Migas). Sesuai UU tersebut, PT Pertamina
(Persero) mendirikan anak perusahaan sebagai entitas 179 Penemuan Cadangan
Migas 2C Recoverable
Discovery of oil and gas
bisnis, yang merupakan kepanjangan tangan dalam MMBOE
pengelolaan kegiatan usaha di sektor hulu, meliputi: 2C recoverable reserves
eksplorasi dan eksploitasi minyak, gas dan panas bumi;
pengelolaan transportasi migas; jasa pemboran; dan
pengelolaan portofolio di sektor hulu.
2013
Pada 17 September 2005, PT Pertamina (Persero)
menandatangani Kontrak Kerja Sama (KKS) dengan 5 Pembentukan
Organisasi Baru
Establishment of new organization
Badan Pelaksana Kegiatan Usaha Hulu Minyak dan Gas ASSET
Bumi (BP Migas) yang berlaku surut sejak 17 September
2003, atas seluruh Wilayah Kuasa Pertambangan Migas
yang dilimpahkan melalui perundangan yang berlaku.
Dengan demikian Wilayah Kerja (WK) Pertamina EP,
2012
adalah WK yang dahulu dikelola PT Pertamina (Persero)
sendiri dan yang dikelola melalui Technical Assistance
Contract (TAC) dan Joint Operating Body Enhanced Oil 229 Penemuan Cadangan
Migas 2C Recoverable
Discovery of oil and gas
Recovery. MMBOE
2C recoverable reserves
COMPANY BRIEF HISTORY
Pertamina EP was established on September 13, 2005,
as the implementation of Law No. 22 of 2001 regarding
2011
Oil and Gas (Oil & Gas Law). Under the law, PT Pertamina
(Persero) established a subsidiary as a business entity,
which is an arm in the management of business activities 310 Pencapaian Produksi Migas
Oil and gas production achievement
in the upstream sector, which include: exploration and MBOEPD
exploitation of oil, gas and geothermal; management of
oil and gas transportation; drilling services; and portfolio
management in the upstream sector.
2007
On September 17, 2005, PT Pertamina (Persero) signed a
Production Sharing Contract (PSC) with the Upstream Oil
and Gas Agency (BP Migas) retroactive since September 110.3 Pencapaian Produksi Minyak
Oil production achievement
17, 2003, on the entire area of Oil and Gas Mining MBOPD
Concession handed over through applicable laws. Thus
the Working Areas (WK) of Pertamina EP were previously
managed by PT Pertamina (Persero) and were operated
through the Technical Assistance Contract (TAC) and the 2005
Joint Operating Body Enhanced Oil Recovery (JOB EOR).
Perusahaan Didirikan
Established

SEKILAS PT PERTAMINA EP
PT Pertamina EP at a Glance
WILAYAH KERJA WORKING AREA

Berdasarkan Kontrak Kerja Sama, Pertamina Based on Production Sharing Contract, PT Pertamina
EP mengelola wilayah kerja seluas 113.613,90 EP operates the working area of 113,613.90 square
kilometer persegi, meliputi wilayah di Indonesia. kilometers, covering regions in Indonesia. The
Pola pengelolaan usaha di wilayah kerja dilakukan working areas are operated under the schemes
dengan cara dioperasikan sendiri (own operation) of own operation and partnership that includes
dan kerjasama kemitraan meliputi Technical Technical Assistance Contract (TAC) and the Joint
Assistance Contract (TAC) dan Kerja Sama Operasi Operation (KSO). [G4-6]
(KSO). [G4-6]
Selama tahun pelaporan, wilayah kerja Pertamina During the reporting year, the number of partners
EP yang dioperasikan bersama mitra usaha, baik who jointly operate Pertamina EP’s working area
dalam bentuk TAC maupun KSO sebanyak 56 both under TAC and KSO contracts was 56 partners.
mitra usaha. Namun dalam perjalanan mengalami However, there were changes in the number of
perubahan jumlah kemitraan. Hal ini dikarenakan partnerships. This was due to several contracts of
adanya beberapa kontrak TAC/KSO yang berakhir TAC/KSO ended and terminated, so that at the end
dan diterminasi, sehingga pada akhir tahun jumlah of the year the number of business partners changed
mitra usaha menjadi 51 mitra. [G4-13] into 51 partners. [G4-13]
Kontrak TAC/KSO yang berakhir dan diterminasi TAC/KSO Contracts that ended and were terminated
pada tahun berjalan terdiri dari : in the year consist of:
1. TAC P – Babat Kukui Energi (11 Juli 2014) 1. TAC P – Babat Kukui Energi (July 11, 2014)
2. TAC P – BWP Meruap (11 Juli 2014) 2. TAC P – BWP Meruap (July 11, 2014)
3. TAC P – Patrindo Persada Maju (11 Juli 2014) 3. TAC P – Patrindo Persada Maju (July 11, 2014)
4. KSO Pertamina EP – Kamundan Energy 4. KSO Pertamina EP – Kamundan Energy
(24 April 2014) (April 24, 2014)
5. KSO Pertamina EP – Indelberg Indonesia 5. KSO Pertamina EP – Indelberg Indonesia
(24 Juni 2014) (June 24, 2014)
WILAYAH KERJA HINGGA AKHIR DESEMBER 2014 [G4-9]

Working areas as of December 2014
JUMLAH
ASSET 1
ASSET 2
ASSET 3
ASSET 4
ASSET 5
Total
AREA OPERASI SENDIRI

Own Operation Area
Field 5 4 3 2 6 20 Field

Proyek Pengembangan 0 1 1 1 1 4 Development Project
Area Unitisasi 2 1 1 2 1 7 Unitization Area
SUMATERA 1 SUMATERA 2 JAWA KTI JUMLAH

KEMITRAAN Total
Partnership
Area Kemitraan TAC 11 6 3 5 25*

TAC Partnership Area
Area Kemitraan KSO 4 13 8 6 31**
KSO Partnership Area
*Per 31 Desember 2014 menjadi 22 TAC karena 3 TAC diterminasi *As of 31 December 2014 become 22 TAC due to termination of 3 TAC
** Per 31 Desember 2014 menjadi 29 KSO karena 2 KSO diterminasi ** As of 31 December 2014 become 29 KSO due to termination of 2 KSO
ASSET FIELD
Asset 1 Rantau, Pangkalan Susu, Lirik, Jambi, Ramba

Asset 2 Prabumulih, Pendopo, Limau, Adera
Asset 3 Subang, Jatibarang, Tambun
Asset 4 Cepu, Poleng
Asset 5 Sangatta, Bunyu, Tanjung, Sangasanga, Tarakan, Papua

DI TAHUN 2014, PERTAMINA EP TELAH MENGELOLA

KEMBALI DUA LAPANGAN LEPAS PANTAI, YAKNI
LAPANGAN X RAY DI LEPAS PANTAI INDRAMAYU,
JAWA BARAT, DAN LAPANGAN POLENG, DI LEPAS
PANTAI GRESIK, JAWA TIMUR
In 2014, Pertamina EP has re-managed two offshore

fields, namely X Ray Field in Indramayu Offshore, West
Java and Poleng Field in Gresik Offshore, East Java

1 2 2
5
1
3
3
4 4
5
P1
3 P2
1 2
1 P3 2
2
3
1
ASSET 1
Area Operasi & Geografis Operation Area & Geographic
FIELD FIELD
1. Field Rantau, Aceh 1. Rantau Field, Aceh
2. F ield Pangkalan Susu, 2. Pangkalan Susu Field,
Sumatera Utara North Sumatra
3. Field Lirik, Riau 3. Lirik Field, Riau
4. Field Jambi, Jambi 4. Jambi Field, Jambi
5. Field Ramba, Sumatera Selatan 5. Ramba Field, South Sumatra
UNITISASI UNITIZATION
Unitisasi Tanjung Laban Tanjung Laban Unitization
Unitisasi Suban Suban Unitization
ASSET 2 ASSET 3
Area Operasi & Geografis Operation Area & Geographic Area Operasi & Geografis Operation Area & Geographic
FIELD FIELD FIELD FIELD
1. F ield Prabumulih, 1. Prabumulih Field , 1. Field Subang, Jawa Barat 1. Subang Field, West Java
Sumatera Selatan South Sumatra 2. Field Jatibarang, Jawa Barat 2. Jatibarang Field, West Java
2. F ield Pendopo, 2. Pendopo Field, 3. Field Tambun, Jawa Barat 3. Tambun Field, West Java
Sumatera Selatan South Sumatra
3. Field Limau, Sumatera Selatan 3. Limau Field, South Sumatra PROYEK PROJECT
4. Field ADERA, Sumatera Selatan 4. ADERA Field, South Sumatra P2. Proyek Pengembangan P2. Pondok Makmur Gas
Gas Pondok Makmur Development Project
PROYEK PROJECT
P1. Proyek pengembangan Gas P1. Paku Gajah Gas Development UNITISASI UNITIZATION
Paku Gajah Project Unitisasi MB Unit MB Unit Unitization
Unitisasi Air Serdang Air Serdang Unitization

P4
ASSET 4 ASSET 5
Area Operasi & Geografis Operation Area & Geographic Area Operasi & Geografis Operation Area & Geographic
FIELD FIELD FIELD FIELD
1. Field Cepu, 1. Cepu Field, 1. Field Sangatta, 1. Sangatta Field,
Jawa Tengah - Jawa Timur Central Java - East Java Kalimantan Timur East Kalimantan
2. Field Poleng, Jawa Timur 2. Poleng Field, East Java 2. Field Bunyu, Kalimantan Timur 2. Bunyu Field, East Kalimantan
3. Field Tanjung, 3. Tanjung Field,
PROYEK PROJECT Kalimantan Selatan South Kalimantan
P3. Proyek Pengembangan P3. Java Gas Development Project 4. Field Sangasanga, 4. Sangasanga Field,
Gas Jawa Kalimantan Timur East Kalimantan
5. Field Tarakan, Kalimantan Timur 5. Tarakan Field, East Kalimantan
UNITISASI UNITIZATION 6. Field Papua, Papua Barat 6. Papua Field, West Papua
Unitisasi Sukowati Sukowati - Unitization
Unitisasi Jambaran - Tiung Biru Jambaran-Tiung Biru Unitization PROYEK PROJECT
P4. Proyek Pengembangan P4. Matindok Gas Development
Gas Matindok Project
Unitisasi Wakamuk Wakamuk Unitization

BISNIS MODEL PERTAMINA EP: PERTAMINA EP BUSINESS MODEL:

EKSPLORASI YANG AGRESIF [IR6] AGGRESSIVE EXPLORATION [IR6]
Portofolio yang sangat baik dari Pertamina EP Pertamina EP’s excellent portfolio with competitive
dengan biaya produksi yang kompetitif dan dengan production costs and the strong resource base has
sumber daya yang tangguh memastikan nilai yang secured a robust value of Pertamina EP’s upstream
kuat pada kegiatan hulu Pertamina EP. Integrasi activities. The vertical integration provided by all
vertikal dari semua anak perusahaan PT Pertamina subsidiaries of PT Pertamina (Persero), and the
(Persero) dan pengetahuan dalam sektor eksplorasi know-how in exploration and exploitation sectors
dan eksploitasi memungkinkan perusahaan untuk enable the company to synergize and seize the
bersinergi dan menangkap peluang proyek yang opportunities of projects available in the market.
berada di pasar.
Cara kami melakukan bisnis adalah berdasarkan Our way of doing business is based on operational
kegiatan operasional yang unggul, fokus pada excellence, focus on health, safety, technology
kesehatan, keselamatan, teknologi dan lingkungan, and the environment, as well as commitment to
serta berkomitmen untuk mencegah dan preventing and mitigating operational risks.
mengurangi risiko operasional.
ASET UNTUK MEMBERIKAN NILAI ASSETS FOR DELIVERING

YANG BERKELANJUTAN : SUSTAINABLE VALUE
• Portofolio eksplorasi yang berpotensi tinggi • High potential exploration portfolio
• Sumber daya yang tangguh • Solid resource base
• Basis pelanggan Indonesia • Indonesia customer base
• Pengeboran yang efisien • Drilling efficiency
• Reputasi Pertamina • Pertamina image
PEDOMAN STRATEGIS UNTUK MENGGUNAKAN STRATEGIC GUIDELINES TO USE

DAN MENGEMBANGKAN ASSET : AND DEVELOP ASSETS:
• Kemitraan di wilayah kerja • Partnerships in the working area
• Renegosiasi kontrak pasokan • Supply contracts renegotiation
• Peraturan Indonesia tentang minyak & gas • Regulations in Indonesia for oil & gas industry
• Fokus pada cadangan baru dan pertumbuhan • Focus on new reserves and production growth
produksi
PRINSIP UNTUK MEMBERIKAN NILAI-NILAI PRINCIPLES FOR DELIVERING

YANG BERKELANJUTAN : SUSTAINABLE VALUES
• Kerjasama dengan pemerintahan untuk • Cooperation with government for country
pembangunan negara development
• Integrasi sepanjang rantai pasokan energi • Integration along the energy supply chain
• Inovasi dalam mengembangkan solusi yang • Innovation in developing competitive solutions
kompetitif • Excellence in conducting operations
• Keunggulan dalam melakukan operasi
Informasi yang disampaikan dalam laporan ini The information disclosed in this report uses
menggunakan istilah 'sumber daya' atau ‘modal’. either the term ‘resource’ or ‘capital’. The main
Sumber daya utama yang digunakan dalam proses capital used for Pertamina EP’s business process is
bisnis Pertamina EP diklasifikasikan sesuai dengan classified in accordance with the criteria stated in
kriteria dalam acuan ‘Kerangka Internasional the “International Integrated Report Framework”
Laporan Terpadu’ yang diterbitkan oleh The guidelines issued by the International Integrated
International Integrated Reporting Council (IIRC). Reporting Council (IIRC). Our 2014 financial and
Hasil kinerja keuangan dan kinerja keberlanjutan di sustainability performance was the results of
tahun 2014 merupakan hasil tanggung jawab kami responsible use of our capitals.
dalam menggunakan sumber daya yang kami miliki.

Fokus Penciptaan Nilai Penciptaan nilai bagi
Manajemen Sumber Daya Struktur Sumber Daya Kegiatan Pertamina EP bagi Pertamina Ep Pemangku Kepentingan
Management Capital Structure of Capital Pertamina EP Actions Value Creation Value Creation for
Focus for Pertamina EP Stakeholders
Financial Capital • Struktur keuangan • Arus kas dari operasi • Keberlangsungan usaha • Pengembalian bagi pemegang
• Cadangan likuiditas • Menjaga strategi likuiditas • Menurunkan biaya modal saham
EKONOMI
Sumber Daya
Economy
• Financial structure • Hedging • Pengurangan modal kerja • Pertumbuhan sosial dan ekonomi
Keuangan
• Liquidity reserves • Dividen • Optimasi leverage • Returns for shareholders

• Optimasi sumber daya kerja • Mitigasi volatilitas pasar • Social and economica growth
• Cash flow from operations • Going concern
• Maintaining strategic liquidity • Lower cost of capital
• Hedging • Reduction of working capital
• Dividends • Leverage optimization
• Working capital optimization Mitigation of market volatility
•P engeboran darat dan lepas • Peningkatan teknologi • Kualitas produk • Menyediakan sumber energi
pantai • Eksplorasi baru • Memperbesar portofolio aset • Menciptakan lapangan kerja
Sumber Daya Manufaktur
• Penampungan • Pengembangan Proyek dan nilai • Mengurangi emisi gas rumah kaca
•K ilang minyak • Investasi dalam bisnis baru • Pengurangan risiko operasional • Availability of energy sources
Manufacture Capital
• J aringan distribusi • Kegiatan pemeliharaan dan • Kegiatan operasi yang efisien • Employment
•B angunan dan peralatan lainnya pengembangan • Reputasi • Reduction of GHG emission
PROSES
Process
• Onshore and offshore drilling • Meningkatkan sertifikasi • Products quality

• Storage lingkungan dan keselamatan • Enlarging asset portfolio and value
• Refineries (PROPER, ISRS7, CSMS) • Reduction of operational risk
• Distribution networks • Technological upgrade • Operational efficiency
• Building and other equipment • New exploration • Reputation
• Project development
• Investment in new business
• Maintenance and development
activities
• Increase environmental and safety
certifications (PROPER, ISRS7,CSMS)
• T eknologi dan kekayaan intelektual • Biaya penelitian dan • Keunggulan kompetitif • Pengurangan dampak lingkungan
•P rosedur perusahaan dan sistem pengembangan • Mitigasi risiko dan sosial
Sumber Daya Intelektual
tata kelola • Kemitraan dengan pemangku • Transparansi • Ketersediaan teknologi dan

•M anajemen risiko terpadu kepentingan • Kinerja informasi
Intellectual Capital
TEKNOLOGI
•M anajemen dan sistem • Penerapan prosedur dan sistem • Ijin untuk beroperasi • Kontribusi melawan korupsi
Technology
pengawasan • Pemeriksaan • Dukungan dari pemangku • Reduction of environmental and social

•B erbagi pengetahuan • Research and development kepentingan impacts
• Informasi, Komunikasi & Teknologi expenditures • Competitive advantage • Availability of technologies and
(ICT) • Partnership with stakeholders • Risk mitigation information
• Technology and intellectual property • Application of procedures and systems • Transparency • Contributing to fight against
• Corporate procedures and • Audit • Performance corruption
governance system • License to operate
• Integrated risk management • Stakeholders’ acceptability
• Management and control systems
• Knowledge sharing
• Information Communication &
Technology (ICT)
•K esehatan dan keselamatan • Keselamatan di tempat kerja • Kinerja • Menciptakan lapangan kerja
•K ompetensi dan keterampilan • Merekrut, mendidik, melatih • Efisiensi • Meningkatkan kesejahteraan
• Pengalaman • Mendukung hak asasi manusia • Daya saing pekerja dan masyarakat
Sumber Daya Manusia
• Keterlibatan • Keterlibatan dengan sesama • Inovasi • Berbagi pengetahuan

• Keanekaragaman • Berbagi pengetahuan • Manajemen risiko • Create employment
•B udaya Pertamina • Menciptakan kesejahteraan • Reputasi • Wellness of employee and
MANUSIA
Human Capital
• Health and safety • Memanfaatkan keragaman • Performance communities

People
• Competency and skills • Remunerasi sesuai dengan • Efficiency • Knowledge sharing

• Experience peraturan • Competitiveness
• Engagement • Safety at work • Innovation
• Diversity • Recruiting, educating, training • Risk Management
• Pertamina culture • Promotion of human rights • Reputation
• People engagement
• Knowledge sharing
• Creating welfare
• Leveraging on diversity
• Remuneration in accordance with
regulation
•H ubungan dengan para pemangku • Keterlibatan pemangku • Ijin operasional & sosial • Pembangunan sosial dan ekonomi
kepentingan kepentingan • Pangsa pasar lokal
Social and relationship
•N ama baik Pertamina • Perjanjian kesepakatan dengan • Penyelarasan praktik terbaik • Kepuasan pelanggan dan
Modal hubungan
• Relationship with stakeholders pemerintah pusat dan daerah internasional pemasok

dan sosialiasi
• Pertamina Image • Pusat Pemberdayaan Masyarakat • Reputasi • Berbagi keahlian dengan

Pertamina • Keunggulan kompetitif masyarakat
capital
• Kemitraan yang strategis • Retensi Pelanggan • Menghormati keberagaman

LINGKUNGAN HIDUP
• Stakeholders engagement • Operational & social license • Local social and economic
• MoU with center and local • Market share development
governments authorities • Alignment to international best • Customers and supplier satisfaction
Environment
• Pertamina Community Empowerment practice • Sharing expertise with communities

Center • Reputation • Respect in diversity
• Strategic partnerships • Competitive advantage
• Customer retention
• Cadangan minyak dan gas • Pemeriksaan lingkungan • Pertumbuhan cadangan • Pengurangan emisi
• Air • Eksplorasi, produksi, • Mitigasi risiko operasional • Pengurangan tumpahan minyak
Sumber Daya Alam
•K eanekaragaman hayati pengangkutan, pengolahan, dan • Reputasi dan ledakan

dan ekosistem distribusi • Ijin untuk beroperasi • Pelestarian keanekaragaman
Natural capital
• Udara • Investasi baru • Pengakuan pemangku kepentingan hayati

• Tanah • Investasi dalam teknologi • Reserves growth • Konservasi Air (reinjeksi dan
• Oil and gas reserves • Kegiatan pemulihan • Mitigation of operational risk penggunaan air kembali)
• Water • Environmental assessment • Reputation • Efisiensi energi
• Biodiversity and ecosystems • Exploration, production, transporting, • License to operate • Reduction of emission
• Air refining, and distributing • Stakeholders recognition • Reduction of oil spills and blowout
• Soil • New investment • Preservation of biodiversity
• Investment in technology • Water conservation (reinjection and
• Remediation activities water reuse)
• Energy efficiency

KEGIATAN USAHA EKSPLORASI EXPLORATION BUSINESS ACTIVITIES

Perusahaan dengan agresif melakukan upaya The Company aggressively seeks discovery of new
penemuan cadangan baru di wilayah kerjanya, reserves within its working areas which are Asset 1,
yaitu Asset 1, Asset 2, Asset 3, Asset 4, dan Asset 5 Asset 2, Asset 3, Asset 4, dan Asset 5, through the
melalui implementasi konsep eksplorasi yang baru. implementation of new exploration concept.
Kegiatan eksplorasi minyak dan gas bumi yang Oil and natural gas exploration conducted by the
dilakukan Perusahaan diawali dengan kegiatan Company starts with Geological and Geophysical
studi Geologi dan Geofisika (G&G) yang meliputi (G&G) studies that include prospect generation
studi prospect generation, studi reservoir dan study, reservoir and hydrocarbon trap study, as well
perangkap hidrokarbon, studi batuan kemudian as source rock study. The positive results of the studies
dilanjutkan dengan pematangan lead dan prospek, are then followed by lead and prospect maturation,
dan kegiatan survei seismik 2D dan 3D, untuk and 2D and 3D seismic surveys, for underground oil
pemetaan cadangan sumber daya migas di bawah and gas reserves mapping.
tanah.
Selanjutnya, untuk pembuktian potensi cadangan Furthermore, to prove potential reserves that have
yang telah dipetakan, maka Perusahaan been mapped, the Company sets a target to carry
menargetkan untuk melaksanakan pemboran out wild cat exploration drilling and delineation.
eksplorasi wild cat dan delineasi. Kegiatan pencarian Oil and gas reserves search and discovery will take
dan penemuan cadangan migas berlangsung many years before being mapped and proceed with
membutuhkan waktu bertahun-tahun sebelum facility construction and prove its existence with
dipetakan serta dilanjutkan dengan pembangunan exploration drilling. The new production process
fasilitas dan dibuktikan keberadaannya dengan takes place when the discovered reserves has been
aktivitas pemboran eksplorasi. Proses produksi confirmed to have significant oil and gas deposit
baru berlangsung bila keberadaan cadangan potential.
yang ditemukan telah dipastikan memiliki potensi
kandungan migas yang signifikan.

PEMBORAN & PENGEMBANGAN DRILLING & DEVELOPMENT
Kegiatan eksploitasi diawali dengan pengembangan Exploitation begins with development of targets and
target dan fasilitas pemboran dengan kapasitas drilling facilities with a capacity according to the
yang sesuai dengan potensi cadangan yang discovered potential reserves. Thus, the exploitation
ditemukan. Dengan demikian, proses eksploitasi process of each area of operation, both own
setiap area operasi, baik yang dimiliki sendiri dan operation and partnership has the different facility
kemitraan memiliki kapasitas fasilitas dan pola capacity and drilling techniques based on their
teknik pemboran yang berbeda berdasarkan respective geological and geophysical conditions.
kondisi geologi dan geofisika masing-masing.
Selanjutnya dalam masa pemboran, Pertamina EP During drilling period, Pertamina EP constantly
selalu memantau perubahan permukaan di bawah monitors subsurface changes and making
tanah dan menyesuaikan teknik pemboran yang adjustments to effective drilling techniques.
efektif. Kegiatan eksploitasi Pertamina EP meliputi Pertamina EP’s exploitation activities include oil
kegiatan pemboran pengembangan sumur minyak and gas well development drilling; work over; well
dan gas; work over; operasi sumur meliputi reparasi, operations covering repairs, reopening, stimulation,
reopening, stimulasi, injeksi, penelitian, perawatan injection, study, well service; and exploitation seismic
sumur; dan survei seismik eksploitasi. surveys.
Dengan memahami sifat penurunan alami

cadangan minyak sepanjang masa pemboran, By understanding the character of natural decline of
Pertamina EP menggunakan metode pengurasan oil reserves during the drilling stage, Pertamina EP
minyak tahap lanjut dengan mengubah area uses enhanced oil recovery method by changing
pemboran dengan secondary recovery dan tertiary the drilling area with secondary recovery and tertiary
recovery. Dengan demikian minyak mentah dan gas recovery. Thus the exploited crude oil and gas are
yang dieksploitasi kemudian siap dikirim ke kilang then ready to be sent to refineries and consumers.
dan konsumen.
Dalam kegiatan komersial, Pertamina EP tidak

mengelola pipa transportasi gas, karena In commercial activities, Pertamina EP does not
merupakan aset PT Pertagas dan difungsikan manage the gas transportation pipeline, as it is the
sebagai open access pipe. Perusahaan dikenakan asset of PT Pertagas and functioned as an open
biaya berdasarkan tarif penyaluran gas dari access pipe. The Company is charged based on
Badan Pengatur Hilir Minyak dan Gas Bumi (BPH gas distribution rates by the Downstream Oil and
Migas), untuk pemanfaatan fasilitas tersebut guna Gas Agency (BPH Migas), to use these facilities to
transportasi gas ke konsumen. transport gas to consumers.

BISNIS MODEL PT PERTAMINA EP [IR6]
PT Pertamina EP Business Model
BUMN
Mining Authorization
ESDM
Area and Work Contract
BPKP
KLH EXPLORATION
1-8 years
PEMDA
STUDY PLAN:
Work Program &

Budget (WP&B) • Regional Studies
• Lead to Prospect Studies
• Post Drill Evaluation Studies
Authorized • Pre-POD Studies
Financial Expenditure
(AFE)
EXECUTE
AS OPERATOR
Plan of Development
(POD)
SKK MIGAS Plan of Further • Survey Acquisition

Development (POFD) • Seismic Acquisition
• Well Logging & Testing
• Wells Planning, Execution & Delivery (Drilling)
Reservoir • Exploration POP
Management Criteria • Permits
• Land Acquisition
• Location Preparation
Abandonement
Fund
Audit
RKAP, RJPP
PT Pertamina • Exploration Portfolio Planning

(Persero) Technology, Advisory • Technical Assurance
& Standardization • HSSE
• Technology Development
AS PARTNER
• Risk Management
Reserves Corporate Policy, • Partnership Support
Certification Audit
Institution
Business
TAC-KSO Contract /
Partner
Unitization
• Finance & Accounting

• Supply Chain Management
Other
POD, WP&B
Stakeholders
& AFE
INPUT

DEVELOPMENT PRODUCTION COMMERCIALITY
1-5 years 2-8 years
• Define POD/FEED/POFD/EOR • Production Planning & Programming

• Well & Reservoir Management • Well & Reservoir Management
• Production Forecasting • Production Forecasting
• Survey & Seismic Acquisition

• Survey & Seismic Acquisition
• Pilot Tes / Early Prod. System
• Pilot Tes / Early Prod. System
• Dev. & Infill Drilling
• Development & EOR Execution
• Well Workovers
• Operation Readiness, Commissioning, Handover
• Modify Facilities
OPERATE
• Well Services / Repairs

• Oil and Gas Marketing
• EOR Operations Mgt
• Operate Pilot / Early Production System • Oil and Gas Sales
• Maintenance / Reliability
• Lifting Coordination
• Asset Integrity
DIRECT SUPPORT
• Development Portfolio Planning • Transport & Sales

Crude Oil & Gas
• Technical Assurance • Technical Assurance
• HSSE • HSSE
• Technology Development • Technology Development
• Risk Management • Risk Management BPH MIGAS
• Partnership Support • Partnership Support
Business
Partners
INDIRECT SUPPORT
Internal
Customers
• Human Resources Development • MDGTI
• Legal & Relation • Internal Audit Unit
External
Customers
PROCESS OUTPUT

VISI, MISI DAN
NILAI PERUSAHAAN [G4-56]
Vision, Mission and Corporate Values
VISION
VISI (2014-2025)
enjadi perusahaan eksplorasi dan produksi
M
MISSION minyak dan gas bumi kelas dunia
Becoming World Class E & P Company
Melaksanakan pengusahaan sektor hulu REPETITA I (2006-2008)
minyak dan gas dengan penekanan pada Menjadi perusahaan minyak dan gas
aspek komersial dan operasi yang baik bumi yang efektif dan efisien
serta tumbuh dan berkembang bersama To be an effective and efficient oil and
lingkungan hidup. gas company
Managing upstream oil and gas activities
with emphasis on strongly commercial and REPETITA II (2009-2011)
operational excellence, which grow and Menjadi produsen migas nomor satu di
evolve with the environment Indonesia
To be the number 1 oil and gas
BUSINESS STRATEGY company in Indonesia
Building Human Capital Excellence
Establishing Living Database & Asset Management System REPETITA III (2012-2014)
Enhancing Subsurface & Surface Facility Method, Menjadi Pertamina EP Kelas Dunia
System & Technology To be World Class Pertamina EP
Strenghtening HSSE Excellence & Society Trust
PENDEKATAN PEOPLE, PROCESS, TECHNOLOGY & ENVIRONMENT

People, Process, Technology, and Environment Approach
PENDEKATAN ORBEX
ORBEX Engagement Technical NUMBER 1
Side & Social Side Oil and Gas Producer in Indonesia
2006 2008 2011 2014

RESPECTABLE COST WORLD CLASS COMPANY
Effective & Efficient People, Process, Technology
Oil & Gas Producer and Environment
PROGRAM TRANSFORMASI 2011-2014

Transformation Program 2011-2014
Berdasarkan RJPP periode 2006-2014, Pertamina EP telah Based on Long Term Corporate Plan (RJPP) period 2006-2014,
menetapkan Visi utama yaitu menjadi 'World Class Company'. Pertamina EP has established the main vision to be a 'World
Meskipun telah ada rolling RJPP pada tahun 2011 dan 2012, Visi Class Company'. Although RJPP has been rolling out in 2011 and
utama tersebut tetap digunakan. Dalam upaya mencapai Visi 2012, the main vision is still used. In order to achieve the vision,
tersebut, telah ditetapkan Visi turunan atau 'quick wins' dalam 'quick wins' as derivative of the vision has been established in
tiga tahap, yaitu Repetita I, II, III yang berlangsung hingga 2014. three stages, namely Repetita I, II, III, which lasted until 2014.

COMMERCIAL
Komersial Dikelola oleh pemimpin dan pekerja yang
profesional dan memiliki talenta dan
penguasaan teknis tinggi, berkomitmen
Menciptakan nilai tambah dengan CAPABLE dalam membangun kemampuan riset dan
orientasi komersial, mengambil keputusan Berkemampuan pengembangan.
berdasarkan prinsip-prinsip bisnis yang Managed by professional leaders and
sehat. workers who have talent and high technical
Create added value to the commercial competencies, committed in building
orientation, making decisions based on capacity for research and development.
6C
the principles of sound business.
CLEAN
COSTUMER Bersih
FOCUSED
Fokus Pada
Pelanggan Dikelola secara profesional, menghindari benturan
kepentingan, tidak menoleransi suap, menjunjung tinggi
kepercayaan dan integritas. Berpedoman pada asas-asas
Berorientasi pada kepentingan pelanggan tata kelola korporasi yang baik.
dan berkomitmen untuk memberikan Professionally managed, avoiding conflicts of interest, zero
pelayanan terbaik kepada pelanggan. tolerance to bribery, upholding trust and integrity. Guided
Oriented to customers’ interests and by the principles of good corporate governance.
committed to providing the best service to
customers.
Mampu berkompetisi dalam skala regional

CONFIDENT COMPETITIVE
Berperan dalam pembangunan ekonomi maupun internasional, mendorong pertum-
Percaya Diri Kompetitif
nasional, menjadi pelopor dalam reformasi buhan melalui investasi, membangun budaya
BUMN, dan membangun kebanggaan sadar biaya dan menghargai kinerja.
bangsa. Able to compete in the regional and international
Role in national economic development, scale, encouraging growth through investment,
becoming a pioneer in the reform of State build a cost conscious culture and appreciate
Owned Enterprises, and build national performance.
pride.
Tata Nilai Perusahaan (6C) ditetapkan dan diberlakukan Company’s Corporate Values (6Cs) were determined and
berdasarkan Keputusan Direksi No.Prin-030/EP0000/2013-S0, applied based on Decision of Board of Directors No. Prin-
tertanggal 1 Maret 2013. 030/EP0000/2013-S0 dated 1 March 2013.

STRUKTUR ORGANISASI
Organizational structure
President Director
ADRIANSYAH
Exploration & New PJ. Production & Operation Director

Development Director Finance & Business Support Director
Discovery Project Director RIYANTO SUWARNO
SATOTO AGUSTONO LUKITANINGSIH
DODDY PRIAMBODO
Asset 1 General Manager:

IRWANSYAH
Tehnical Support Exploitation Treasury & Finance Operation

RICKY ADI WIBOWO HERUTAMA TRIKORANTO ADI PRASETYANA
Asset 2 General Manager: MAHENDRADANI
PRIBADI MAHAGUNABANGSA

FACHRIZAL
Exploration
Surface Facility Controller & Partnership Financial
INDRA PRASETYA
JAMSATON NABABAN DARLIS
CHALID SAID SALIM
NEW DISCOVERY PROJECT (S)

1. Jawa Gas Development Asset 5 General Manager:
Project ABDUL CHALIK
CHALID SAID SALIM EOR ICT
2. Matindok Gas Development WIT MULYA BUDI WIDYARTA
Project Drilling
MEDIANTO BUDI SATYAWAN BAMBANG WIDJANARKO
3. Pondok Makmur
Development Project
ARIEF WAHIDIN SOEDJONO
4. Paku Gajah
Oil & Gas Monetization
Development Project Business Partnership
MUSALAM LATUCONSINA TUBAGUS NASIRUDDIN LANDONG PARASI
T. SILALAHI
Stategic Planing & Internal Audit SCM & General Service Human Resource
Legal & Relation OC & OE HSSE
Risk Management FIRDAUS BAMBANG ELIZAR P. BENI SYARIF
DATU YODI PRIYATNA TOLINGUL ANWAR LELIN EPRIANTO*
NELSON SITOMPUL SAPUTRA HASIBUAN HIDAYAT
*Vacant Sejak 9 Juni 2014, posisi sementara diduduki oleh pejabat setingkat di bawah VP sesuai surat penunjukan dari HR.
*Vacant since 9 June 2014, temporary position is occupied by officials under VP based on letter of appointment from Human Resources.
PEMEGANG SAHAM UTAMA, ENTITAS ANAK, ENTITAS AFILIASI & PENGENDALIAN BERSAMA ENTITAS
Majority Shareholders, Subsidiary, Affiliates Entity & Jointly Controlled Entities
PERUSAHAAN COMPANY BENTUK KERJASAMA TYPE OF PARTNERSHIP ENTITAS PENGENDALI CONTROLLING ENTITY
PT Pertamina Dana Ventura Pemegang Saham Shareholder Anak Perusahaan Subsidiary of PT Pertamina (Persero)
Pengelolaan kesehatan pekerja & kerjasama dalam CSR
PT Pertamina Bina Medika Anak Perusahaan Subsidiary of PT Pertamina (Persero)
Employee health management & cooperation in CSR
PT Patra Jasa Management Building Management Building Anak Perusahaan Subsidiary of PT Pertamina (Persero)
Tenaga kerja dan pelatihan
PT Pertamina Training & Consulting Anak Perusahaan Subsidiary of PT Pertamina (Persero)
Human resources and training
Asuransi kesehatan dan transportasi
PT Tugu Pratama Indonesia Anak Perusahaan Subsidiary of PT Pertamina (Persero)
Health insurance and transportation
PT Pertamina Gas Transportasi gas Gas transportation Anak Perusahaan Subsidiary of PT Pertamina (Persero)
PT Pertama Drilling Services Indonesia Jasa pemboran Drilling service Anak Perusahaan Subsidiary of PT Pertamina (Persero)
PT Elnusa Jasa perminyakan Petroleum service Anak Perusahaan Subsidiary of PT Pertamina (Persero)
PT Pertamina Patra Niaga Penyediaan BBM Oil fuel supply Anak Perusahaan Subsidiary of PT Pertamina (Persero)
Pertamina Trans Kontinental Transportasi laut Sea transportation Anak Perusahaan Subsidiary of PT Pertamina (Persero)
Pertamina Retail Penyediaan BBM Oil fuel supply Anak Perusahaan Subsidiary of PT Pertamina (Persero)
PT Pertamina Lubricants Penyediaan pelumas Lubricants supply Anak Perusahaan Subsidiary of PT Pertamina (Persero)

PEMEGANG SAHAM UTAMA, ENTITAS ANAK, ENTITAS ASOSIASI &
PENGENDALIAN BERSAMA ENTITAS
Majority Shareholders, Subsidiaries, Associates and Jointly Controlled Entities
PEMERINTAH
INDONESIA
Government of Indonesia
MENTERI ESDM
MENTERI BUMN MENTERI KEUANGAN
Energy and Mineral
SOE Minister Finance Minister
Resources Minister
DEWAN KOMISARIS DIREKSI

BOARD BOARD OF DIRECTORS
OF COMMISSIONERS
CHIEF AUDIT CORPORATE

EXECUTIVE SECRETARY
SPV INTEGRATED CHIEF LEGAL

SUPPLY CHAIN COUNSEL
INVESTMENT
MARKETING & HUMAN
PLANNING & RISK UPSTREAM PROCESSING GENERAL FINANCE
GAS DIRECTOR TRADE RESOURCES
MANAGEMENT DIRECTOR DIRECTOR DIRECTOR DIRECTOR
DIRECTOR DIRECTOR
DIRECTOR
Refinery Fuel, Lubricant,

Shipping, Etc.
SHAREHOLDER
MEETING
PT PERTAMINA EP
UPSTREAM MAIN Asset 1, Asset 2, Asset 3, Asset 4, Asset 5,
GAS BUSINESS SUBSIDIARIES Development Project, KSO and TAC
SKK MIGAS
PT PERTAMINA EP CEPU
OIL & GAS Joint Operation Agreement (JOA)
KKKS
BUSINESS dengan International Oil Company

PT PERTAMINA GAS (Exxonmobil)
PT PERTAMINA EAST NATUNA
PT PERTAMINA HULU ENERGI

INVESTMENT & JOB-PSC Group
PARTNERSHIP Pertamina Participating Interest (PPI) PARTNER
Overseas Coal Bed Methane
PT PERTAMINA GEOTHERMAL ENERGI

Area Sibayak - Sumatera Utara Directorate General of Mineral,
GEOTHERMAL Area Kamojang - Jawa Barat
Area Lahendong - Sulawesi Utara Coal & Geothermal
UPSTREAM TECHNOLOGY CENTER

1. Data Processing;
2. Seismic Modelling;
TECHNOLOGY
SERVICES
3. Reservois Simulation;
4. Production Optimization;
Pertamina EP tidak memiliki anak
5. Drilling Technology;
6. Geology; perusahaan. Dengan demikian, kami
7. Geophysics ;
8. Geodetic Information System tidak melaporkan persentase kepemilikan
entitas perusahaan.
INTERNAL BUSSINES SERVICES
EKSTERNAL Pertamina EP has no subsidiary. Therefore

we do not report percentage of stake in
PT PERTAMINA DRILLING
SERVICES INDONESIA
PT ELNUSA the Company’s subsidiary entities.

PEJABAT SENIOR PERUSAHAAN

GM Pondok Makmur
Development Project
RICKY ADI WIBOWO

VP Technical Support
Mengawali karir di PT Pertamina
(Persero) pada tahun 1990 dan
bergabung di Pertamina EP tahun 2006.
Mengawali karir di PT Pertamina (Persero) Menjabat sebagai GM Pondok Makmur
sejak 1990. Menjabat sebagai VP Development Project sejak tahun 2013.
Technical Support sejak 1 Maret 2014. Memperoleh gelar Sarjana Teknik Geologi
Umum di Universitas Padjadjaran,
Memperoleh gelar Sarjana Teknik INDRA PRASETYA Bandung.
Geologi Umum, Master Geologi dari VP Exploration
Institut Teknologi Bandung, dan gelar S3 Menempati berbagai posisi kunci di
Teknik Geologi dari Colorado School Of PT Pertamina (Persero). Sebelumnya di
Mines, Amerika Serikat. Pertamina EP menjabat sebagai Manajer
Menempati berbagai posisi kunci di Mengawali karir di PT Pertamina Senior PAFE Rengasdengklok.
PT Pertamina (Persero). Sebelumnya, (Persero)/Pertamina EP sejak 1989.
menjabat sebagai Chief of Geology dan Menjabat sebagai VP Exploration sejak
Petrophysics Specialist. 1 Juni 2014. He started his career at PT Pertamina
Memperoleh gelar Sarjana Teknik Geologi (Persero) in 1990 and joined PT Pertamina
Minyak dari UPN Veteran Yogyakarta dan EP in 2006. He has served as GM of
He started his career in PT Pertamina Master Geologi dari Institut Teknologi Pondok Makmur Development Project
(Persero) in 1990. He has served as VP Bandung. since 2013.
Technical Support since March 1, 2014. He earned a Bachelor of General
Menempati berbagai posisi kunci di
He earned a Bachelor of General PT Pertamina (Persero). Sebelumnya, Geological Engineering from Padjadjaran
Geological Engineering, Master of menjabat sebagai General Manager di University, Bandung.
Geology from Bandung Institute of JOB Pertamina Talisman Ogan Komering He has held various key positions at PT
Technology, and the Doctoral Degree dan Pertamina Hulu Energi. Pertamina (Persero). At PT Pertamina EP
in Geological Engineering from the he previously served as Senior Manager
Colorado School of Mines, US. of PAFE Rengasdengklok.
He held various key positions at PT He started his career at PT Pertamina
Pertamina (Persero). Previously, he served (Persero)/Pertamina EP in 1989. He has
as Chief of Geology and Petrophysics served as VP Exploration since June 1,
Specialist. 2014.
He earned a Bachelor of Petroleum
Geological Engineering from UPN Veteran
Yogyakarta and Master of Geology from
Bandung Institute of Technology.
He has held various key positions at PT
Pertamina (Persero). Previously, he served
as General Manager at JOB Pertamina
Talisman Ogan Komering and Pertamina
Hulu Energi.

MEDIANTO BUDI SATYAWAN
GM Matindok Gas
Development Project
Mengawali karir di PT Pertamina (Persero)

pada tahun 1990 dan bergabung di PT
MUSALAM LATUCONSINA
Pertamina EP tahun 2006. GM Paku Gajah
Development Project
CHALID SAID SALIM Menjabat sebagai GM Matindok Gas
GM Jawa Gas Development Project Development Project sejak tahun
2013. Memperoleh gelar Sarjana
Teknik Geologi Umum di UPN Veteran Mengawali karir di PT Pertamina (Persero)
Yogyakarta, Yogyakarta. pada tahun 1990 dan bergabung di
Pertamina EP tahun 2006. Menjabat
Menempati berbagai posisi kunci di sebagai GM Paku Gajah Development
Mengawali karir di PT Pertamina (Persero) PT Pertamina (Persero). Sebelumnya di
sejak 1991. Menjabat sebagai Asset 4 Project sejak tahun 2013.
Pertamina EP menjabat sebagai Manajer
General Manager sejak 12 Mei 2014. Eksplorasi Region Jawa. Memperoleh gelar Sarjana Teknik Geologi
Memperoleh gelar Sarjana Teknik Umum di Universitas Hasanuddin,
Pertambangan dari Universitas Sriwijaya. Makassar.
He started his career in PT Pertamina Menempati berbagai posisi kunci di
Menempati berbagai posisi kunci di PT (Persero) in 1990 and joined PT Pertamina
Pertamina (Persero) dan Pertamina EP. PT Pertamina (Persero). Sebelumnya di
EP in 2006. Pertamina EP menjabat sebagai GM
Sebelumnya, menjabat sebagai Field
Manager Limau. He has served as GM of Matindok Gas Pagardewa Development Project.
Development Project since 2013. He
earned a Bachelor of General Geological
He started his career at PT Pertamina Engineering from Master of Geology from He started his career in PT Pertamina
(Persero) in 1991. He has served as Asset UPN Veteran Yogyakarta, Yogyakarta. (Persero) in 1990 and joined PT Pertamina
4 General Manager since May 12, 2014. EP in 2006. He has served as GM of Paku
He held various key positions at PT Gajah Development Project since 2013.
He earned a Bachelor of Mine Engineering Pertamina (Persero). At PT Pertamina
from Sriwijaya University. EP, he previously served as Java Region He earned a Bachelor of General
Exploration Manager. Geological Engineering from Hasanuddin
He has held various key positions at PT University, Makassar.
Pertamina (Persero) and PT Pertamina
EP. He previously served as Limau Field He held various key positions at PT
Manager. Pertamina (Persero). At PT Pertamina EP,
he previously served as GM of Pagardewa
Development Project.

WIT MULYA
VP Enhanced Oil Recovery
HERUTAMA TRIKORANTO
Mengawali karir di Pertamina EP sejak
VP Exploitation
1990. Menjabat sebagai VP Enhanced
Oil Recovery sejak 1 Agustus 2014.
Memperoleh gelar Sarjana Teknik
Mengawali karir di PT Pertamina (Persero) Tambang Minyak dari Institut Teknologi
pada tahun 1990 dan bergabung di Bandung.
sebagai VP Exploitation sejak tahun Menempati berbagai posisi kunci di
2013. JAMSATON NABABAN Pertamina EP. Sebelumnya, menjabat
VP Surface Facilities sebagai Asset 2 Exploitation Senior
Memperoleh gelar Doktor Petroleum Manager di Pertamina EP Prabumulih
Engineering di University of Texas A&M,
USA.
Menempati berbagai posisi kunci di Mengawali karir di PT Pertamina (Persero) He started his career in Pertamina EP in
PT Pertamina (Persero) dan Pertamina EP. pada tahun 1990 dan bergabung di 1990. He has served as VP Enhanced Oil
Sebelumnya di Pertamina EP menjabat Pertamina EP tahun 2006. Menjabat Recovery since August 1, 2014.
sebagai General Manager UBEP Sanga- sebagai VP Surface Facilities sejak tahun
2013. He earned a Bachelor of Petroleum Mine
Sanga & Tarakan. Engineering from Bandung Institute of
Memperoleh gelar Sarjana Teknik Mesin Technology.
di Universitas Sumatera Utara, Medan.
He started his career in PT Pertamina He held various key positions at PT
(Persero) in 1990 and joined PT Menempati berbagai posisi kunci di Pertamina EP. He previously served as
Pertamina EP in 2006. He has served as PT Pertamina (Persero) dan Pertamina EP. Asset 2 Exploitation Senior Manager at
VP Exploitation since 2013. Sebelumnya di Pertamina EP menjabat Pertamina EP Prabumulih.
sebagai Manajer Senior Teknik & PF.
He earned a Doctor of Petroleum
Engineering from University of Texas A&M,
USA. He started his career in PT Pertamina
He held various key positions at PT (Persero) in 1990 and joined PT Pertamina
Pertamina (Persero) and PT Pertamina EP. EP in 2006. He has served as VP Surface
At PT Pertamina EP, he previously served Facilities since 2013.
as General Manager of UBEP Sanga- He earned a Bachelor of Mechanical
Sanga & Tarakan. Engineering from University of North
Sumatra, Medan.
He held various key positions at PT
Pertamina (Persero) and PT Pertamina EP.
At PT Pertamina EP, he previously served
as Senior Manager of Technical & PF.

TUBAGUS NASIRUDDIN
VP Business Partnership

pada tahun 1989 dan bergabung di
Pertamina EP tahun 2006. Menjabat IRWANSYAH
sebagai VP Business Partnership sejak Asset 1 General Manager
12 Mei 2014.
BAMBANG WIDJANARKO
VP Drilling Memperoleh gelar Magister Teknik
Perminyakan dari Norwegian Technology Mengawali karir di PT Pertamina (Persero)
University, Throndheim, Norwegia. pada tahun 1990 dan bergabung di
Mengawali karir di PT Pertamina (Persero) sebagai Asset 1 General Manager sejak
PT Pertamina (Persero). Sebelumnya di
pada tahun 1991 dan bergabung di tahun 2013.
Pertamina EP menjabat sebagai Asset 2
Pertamina EP tahun 2006. Menjabat General Manager di Pertamina EP. Memperoleh gelar Master Pengendalian
sebagai VP Drilling sejak tahun 2013. Management di Universitas Sriwijaya,
Memperoleh gelar Sarjana Teknik Palembang.
Geologi Umum di ITB, Bandung. He started his career in PT Pertamina
(Persero) in 1989 and joined PT Pertamina
Menempati berbagai posisi kunci di PT Pertamina (Persero). Sebelumnya di
EP in 2006. He has served as VP Business
PT Pertamina (Persero) dan Pertamina EP. Pertamina EP menjabat sebagai Field
Partnership since May 12, 2014.
Sebelumnya di Pertamina EP menjabat Manager Prabumulih.
sebagai General Manager Region Jawa. He earned a Master of Petroleum
He started his career in PT Pertamina
Engineering from Norwegian Technology
University, Throndheim, Norway.
EP in 2006. He has served as Asset 1
He started his career in PT Pertamina He held various key positions at PT General Manager since 2013.
(Persero) in 1991 and joined PT Pertamina Pertamina (Persero). At Pertamina EP,
EP in 2006. He has served as VP Drilling He earned a Master of Management
he previously served as Asset 2 General
since 2013. Control from Sriwijaya University,
Manager.
Palembang.
He earned a Bachelor of General
Geological Engineering from Bandung He held various key positions at PT
Institute of Technology, Bandung. Pertamina (Persero). At Pertamina EP,
he previously served as Prabumulih Field
He held various key positions at PT Manager.
Pertamina (Persero) and Pertamina EP.
At Pertamina EP, he previously served as
General Manager of Java Region.

CHALID SAID SALIM

Asset 4 General Manager
Asset 2 General Manager
sejak 1991. Menjabat sebagai Asset 4
General Manager sejak 12 Mei 2014.
Mengawali karir di Pertamina EP sejak Pertambangan dari Universitas Sriwijaya.
1989. Menjabat sebagai Asset 2 General
Manager sejak 12 Mei 2014. Menempati berbagai posisi kunci di PT
Pertamina (Persero) dan Pertamina EP.
Memperoleh gelar Sarjana Teknik Mesin FACHRIZAL Sebelumnya, menjabat sebagai Field
dari Universitas Trisakti. Asset 3 General Manager Manager Limau di Pertamina EP.
PT Pertamina (Persero) dan Pertamina EP.
Sebelumnya, menjabat sebagai Asset 4 He started his career in Pertamina EP in
General Manager di Pertamina EP. Mengawali karir di PT Pertamina (Persero) 1989. He has served as Asset 2 General
pada tahun 1989 dan bergabung di Manager since May 12, 2014.
sebagai Asset 3 General Manager sejak He earned a Bachelor of Mechanical
He started his career in Pertamina EP in tahun 2013. Engineering from Trisakti University.
1989. He has served as Asset 2 General
Manager since May 12, 2014. Memperoleh gelar Sarjana Teknik Mesin, He held various key positions at PT
Universitas Trisakti Jakarta. Pertamina (Persero) and Pertamina EP.
He earned a Bachelor of Mechanical He previously served as Asset 4 General
Engineering from Trisakti University. Menempati berbagai posisi kunci di Manager at Pertamina EP.
PT Pertamina (Persero). Sebelumnya di
He held various key positions at PT Pertamina EP menjabat sebagai Field
Pertamina (Persero) and Pertamina EP. Manager Jatibarang.
He previously served as Asset 4 General
Manager at Pertamina EP.
EP in 2006. He has served as Asset 3
General Manager since 2013.
He earned a Bachelor of Mechanical
Engineering from Trisakti University,
Jakarta.
Pertamina (Persero). At Pertamina EP,
he previously served as Jatibarang Field
Manager.

ADI PRASETYANA
MAHENDRADANI
VP Treasury & Finance Operation
Mengawali karir di Pertamina EP sejak DARLIS

2007. Menjabat sebagai VP Treasury &
VP Controller &
Finance Operation sejak 1 Januari 2014.
Partnership Financial
ABDUL CHALIK Memperoleh gelar Sarjana Manajemen
Asset 5 General Manager dan Sarjana Akuntansi dari Universitas
Indonesia dan Magister Manajemen dari
STIE IPWIJA. Mengawali karir di PT Pertamina (Persero)
sejak 1990. Bergabung di Pertamina
Menempati berbagai posisi kunci di EP tahun 2006. Menjabat sebagai VP
Mengawali karir di PT Pertamina (Persero) Pertamina EP. Sebelumnya, menjabat
pada tahun 1989 dan bergabung di Controller & Partnership Financial sejak 1
sebagai Internal Audit Corp & Central Oktober 2014.
Pertamina EP tahun 2006. Menjabat Area Manager di Pertamina EP.
sebagai Asset 5 General Manager sejak Memperoleh gelar Sarjana Akuntansi
tahun 2013. dari Universitas Andalas dan Magister
Memperoleh gelar Sarjana Teknik He started his career in PT Pertamina EP Akuntansi dari Universitas Trisakti.
Geologi Umum di Universitas Gadjah in 2007. He has served as VP Treasury Menempati berbagai posisi kunci di
Mada, Yogyakarta. & Finance Operations since January 1, PT Pertamina (Persero) dan Pertamina
2014. EP. Sebelumnya, menjabat sebagai
PT Pertamina (Persero). Sebelumnya di He earned a Bachelor of Management Upstream Finance Business Support
Pertamina EP menjabat sebagai Manajer and Bachelor of Accounting from Manager di PT Pertamina (Persero).
Senior Eksploitasi di Region KTI. University of Indonesia, and Master of
Management from STIE IPWIJA.
He held various key positions at Pertamina (Persero) in 1990 and joined Pertamina
He started his career in PT Pertamina EP. He previously served as Internal
(Persero) in 1989 and joined PT Pertamina EP in 2006. He has served as VP Controller
Audit Corp & Central Area Manager at & Partnership Financial since October 1,
EP in 2006. He has served as Asset 5 Pertamina EP.
General Manager since 2013. 2014.
He earned Bachelor of General He earned a Bachelor of Accounting

Geological Engineering from Gadjah from Andalas University, and Master of
Mada, University, Yogyakarta. Accounting from Trisakti University.
He held various key positions at PT He held various key positions at PT

Pertamina (Persero). At Pertamina EP, he Pertamina (Persero) and Pertamina
previously served as Exploitation Senior EP. He previously served as Upstream
Manager, EIR Region. Finance Business Support Manager at PT
Pertamina (Persero).

DATU YODI PRIYATNA

VP Legal & Relation
BUDI WIDYARTA
VP Information & Comm. Technology
sejak 1991 dan bergabung di Pertamina
EP tahun 2014, menjabat sebagai VP
Legal & Relation.
Mengawali karir di PT Pertamina (Persero) Memperoleh gelar Sarjana Hukum
sejak 1990 dan bergabung di Pertamina Perdata dari Universitas Padjajaran dan
EP tahun 2014, menjabat sebagai Master Hukum dari Universitas Gadjah
VP Information & Communication Mada.
Technology. LANDONG PARASI T SILALAHI
VP Oil & Gas Monetization Menempati berbagai posisi kunci di
Memperoleh gelar Sarjana Teknik Sipil PT Pertamina (Persero). Sebelumnya,
dan Master Teknik Elektro dari Institut menjabat sebagai VP Legal Counsel
Teknologi Bandung. Upstream & Gas di PT Pertamina
Mengawali karir di PT Pertamina (Persero) (Persero).
Menempati berbagai posisi kunci di PT
Pertamina (Persero) dan Pertamina EP. pada tahun 1989 dan bergabung di
Sebelumnya, menjabat sebagai SAP Pertamina EP tahun 2006. Menjabat
System Solution Manager di PT Pertamina sebagai VP Oil & Gas Monetization sejak He started his career in PT Pertamina
(Persero). tahun 2013. (Persero) in 1991 and joined Pertamina
EP in 2014, serving as VP Legal & Relation.
Memperoleh gelar Magister Manajemen
di Universitas Indonesia, Jakarta. He earned a Bachelor of Civil Law from
He started his career in PT Pertamina Padjadjaran University and Master of Law
(Persero) in 1990 and joined Pertamina Menempati berbagai posisi kunci di PT
from Gadjah Mada University.
EP in 2014, serving as VP Information & Pertamina (Persero) dan Pertamina EP.
Communication Technology. Sebelumnya di Pertamina EP menjabat He held various key positions at PT
sebagai Manajer Senior Technical Pertamina (Persero). He previously served
He earned a Bachelor of Civil Engineering Support. as VP Legal Counsel Upstream & Gas at
and Master of Electrical Engineering from PT Pertamina (Persero).
Bandung Institute of Technology.
He held various key positions at PT He started his career in PT Pertamina
Pertamina (Persero) and Pertamina EP. He (Persero) in 1989 and joined PT Pertamina
previously served as SAP System Solution EP in 2006. He has served as VP Oil & Gas
Manager at PT Pertamina (Persero). Monetization since 2013.
He earned a Master of Management
from University of Indonesia.
Pertamina (Persero) and Pertamina
EP. He previously served as Technical
Support Senior Manager at Pertamina EP.

TOLINGUL ANWAR
VP OC & OE

Pertamina EP tahun 2006. Menjabat FIRDAUS BAMBANG SAPUTRA
sebagai VP OC & OE sejak tahun 2013. VP Internal Audit
NELSON SITOMPUL Memperoleh gelar Sarjana Teknik Mesin

VP Strategic Planning & Risk di Universitas Brawijaya, Malang dan
Master Management Pemasaran di STIE Mengawali karir di PT Pertamina (Persero)
Management
Indonesia. pada tahun 1993 dan bergabung di
Pertamina EP tahun 2013 sebagai VP
Menempati berbagai posisi kunci di Internal Audit.
PT Pertamina (Persero) dan Pertamina EP.
Mengawali karir di PT Pertamina (Persero) Sebelumnya di Pertamina EP menjabat Memperoleh gelar Sarjana Teknik Kimia
sejak 1989 dan bergabung dengan sebagai VP Transformasi. di Universitas Sriwijaya, Palembang.
Pertamina EP tahun 2014, menjabat
sebagai VP Strategic Planning & Risk Menempati berbagai posisi kunci di
Management. PT Pertamina (Persero). Sebelumnya di
He started his career in PT Pertamina PT Pertamina (Persero) menjabat sebagai
Memperoleh gelar Teknik Geologi (Persero) in 1990 and joined Pertamina VP Investigation Audit.
Umum dari Institut Teknologi Bandung EP in 2006. He has served as VP OC & OE
dan Magister Manajemen Ekonomi dari since 2013.
Universitas Gadjah Mada. He earned a Bachelor of Mechanical He started his career in PT Pertamina
Menempati berbagai posisi kunci di Engineering from Brawijaya University (Persero) in 1993 and joined Pertamina
PT Pertamina (Persero). Sebelumnya, and Master of Marketing Management EP in 2013 as VP Internal Audit.
menjabat sebagai Upstream Strategic from STIE Indonesia.
He earned a Bachelor of Chemical
Planning Manager di PT Pertamina He held various key positions at PT Engineering from Sriwijaya University,
(Persero). Pertamina (Persero) and Pertamina EP. He Palembang.
previously served as VP Transformation at
PT Pertamina EP. He held various key positions at PT
He started his career in PT Pertamina Pertamina (Persero). He previously served
(Persero) in 1989 and joined Pertamina as VP Investigation Audit at PT Pertamina
EP in 2014, serving as VP Strategic (Persero).
Planning & Risk Management.
He earned a Bachelor of General
Geological Engineering from Bandung
Institute of Technology and Master of
Economic Management from Gadjah
Mada University.
Pertamina (Persero). He previously served
as Upstream Strategic Planning Manager
at PT Pertamina (Persero).

BENI SYARIF HIDAYAT

VP Human Resources
LELIN EPRIANTO
VP HSSE
sebagai VP Human Resources sejak
Mengawali karir di PT Pertamina (Persero) tahun 2013.
pada tahun 1991 dan bergabung di Memperoleh gelar Sarjana Sosial Politik
Pertamina EP tahun 2006. Menjabat ELIZAR P. HASIBUAN
di Universitas Padjadjaran, Bandung.
sebagai VP Health Safety Security & VP SCM & General Services
Environment sejak tahun 2013 sampai 9 Menempati berbagai posisi kunci di
Juni 2014. PT Pertamina (Persero) dan Pertamina EP.
Sebelumnya di Pertamina EP menjabat
Memperoleh gelar Magister Manajemen Mengawali karir di PT Pertamina (Persero) sebagai VP HRD.
di STIE IBII, Jakarta. pada tahun 1990 dan bergabung di
Menempati berbagai posisi kunci di sebagai VP Supply Chain Management &
PT Pertamina (Persero) dan Pertamina EP. He started his career in PT Pertamina
General Services sejak tahun 2013. (Persero) in 1991 and joined Pertamina
Sebelumnya di Pertamina EP menjabat
sebagai VP SCM. Memperoleh gelar Sarjana Teknik Mesin EP in 2006. He has served as VP Human
di Universitas Indonesia, Jakarta dan Resources since 2013.
Master Ekonomi Manajemen dari Arizona He earned a Bachelor of Social Politics
He started his career in PT Pertamina State University, Amerika Serikat from Padjadjaran University, Bandung.
(Persero) in 1991 and joined Pertamina Menempati berbagai posisi kunci di PT
EP in 2006. He served as VP Health Safety He held various key positions at PT
Pertamina (Persero) dan Pertamina EP. Pertamina (Persero) and Pertamina
Security & Environment from 2013 to June Sebelumnya di PT Pertamina EP menjabat
9, 2014. EP. He previously served as VP HRD at
sebagai Internal Support Manager. Pertamina EP.
He earned a Master of Management
from STIE IBII, Jakarta.
He held various key positions at PT (Persero) in 1990 and joined Pertamina
Pertamina (Persero) and Pertamina EP in 2006. He has served as VP Supply
EP. He previously served as VP SCM at Chain Management & General Services
Pertamina EP. since 2013.
He earned a Bachelor of Mechanical
Engineering from University of Indonesia,
Jakarta and Master of Business
Administration, majoring in Purchasing
and Logistics Management from Arizona
State University, US.
Pertamina (Persero) and Pertamina EP.
He previously served as Internal Support
Manager at Pertamina EP.


STRUKTUR
KOMPOSISI SAHAM
Berdasarkan hasil pelaksanaan RUPS Sirkuler pada Based on the results of Circular General Meeting of
5 Februari 2013, RUPS menyetujui pengalihan 25 Shareholders (GMS) on February 5, 2013, the GMS
(dua puluh lima) lembar saham Perseroan yang approved the transfer of 25 (twenty-five) shares of
dimiliki oleh Koperasi Energi Indonesia kepada PT the Company owned by Koperasi Energi Indonesia
Pertamina Dana Ventura. to PT Pertamina Dana Ventura.
STRUKTUR DAN KOMPOSISI SAHAM [G4-7]

PER SAHAM (IDR) 31 DESEMBER 2012 31 DESEMBER 2013 31 DESEMBER 2014

PERTAMINA EP
Per share (IDR) December 31, 2013 December 31, 2013 December 31, 2013
Modal Dasar 1,000,000 1,000,000
Authorized Capital
Nilai Nominal Jumlah saham Nominal % Jumlah saham Nominal % Jumlah saham Nominal %
Nominal Value Total Shares (Million IDR) Total Shares (Million IDR) Total Shares (Million IDR)
Modal ditempatkan & disetor Pemegang Saham Issued and paid-up capital of Shareholders
1. PT Pertamina (Persero) 249,975 lbr 249,975 99.99% 249,975 lbr 249,975 lbr 99.99% 249,975 lbr 249,975 99.99%
2. Koperasi Energi Indonesia 25 lbr 25 0.01% 0 0 0 0 0
3. PT Pertamina Dana Ventura 0 0 0 25 lbr 25 lbr 0.01% 25 lbr 25 0.01%
Jumlah Modal ditempatkan & disetor 250,000 250,000 100 250,000 250 100 250,000 250,000 100
penuh
Total issued and paid in capital
KEANGGOTAAN ASOSIASI [G4-16]

Association Membership
ASOSIASI ASSOCIATION
Ikatan Ahli Geologi Indonesia (IAGI) Indonesian Geologists Association (IAGI)

Himpunan Ahli Geofisika Indonesia (HAGI) Association of Indonesian Geophysicists (HAGI)
American Association of Petroleum Geologists (AAPG) American Association of Petroleum Geologists (AAPG)
Indonesian Petroleum Association (IPA) Indonesian Petroleum Association (IPA)
Ikatan Ahli Teknik Perminyakan Indonesia (IATMI) Association of Indonesian Petroleum Engineers (IATMI)
Institut Akuntan Manajemen Indonesia (IAMI) Indonesian Institute of Management Accountant (IAMI)
Ikatan Akuntan Indonesia (IAI) Indonesian Institute of Accountants (IAI)

KEBIJAKAN DEVIDEN DIVIDEND POLICY
Berdasarkan Resolusi Pemegang Saham secara Based on the Circular Resolution of Shareholders
sirkuler tertanggal 23 April 2014 di Menara Standard dated April 23, 2014 at Menara Standard Chartered,
Chartered, Jakarta telah diputuskan sebagai berikut: Jakarta, the decisions are as follows:
Menetapkan dividen untuk Tahun Buku Yang Determine dividend for the Fiscal Year Ended
Berakhir Sampai dengan 31 Desember 2012 kepada December 31, 2012 to the Shareholders of the
Para Pemegang Saham Perseroan sebesar USD Company of USD2,152,051,327.92 with the following
2.152.051.327,92 dengan rincian sebagai berikut : details:
a. Dividen kepada PT Pertamina (Persero) a. Dividends to PT Pertamina (Persero) as the
selaku pemegang 99,99% saham Perseroan shareholder of 99.99% of the shares of the
adalah sebesar USD2.151.836.122,79 yang Company amounted to USD2,151,836,122.79,
pembayarannya akan dilakukan dengan cara off which payment will be done by offsetting
setting piutang Perseroan kepada PT Pertamina receivables of the Company to PT Pertamina
(Persero) (Persero)
b. Dividen kepada PT Pertamina Dana Ventura (PT b. Dividends to PT Pertamina Dana Ventura (PT PDV)
PDV) selaku pemegang saham 0,01% saham as a shareholder of 0.01% shares of the Company
Perseroan adalah sebesar USD215.205,13 amounted to USD215,205.13
Penyelesaian pembukuan dividen tahun 2012 The completion of accounting of dividend in 2012
tersebut dilakukan dalam tahun anggaran 2013. was conducted in fiscal year 2013.
Berdasarkan Resolusi Pemegang Saham tertanggal Based on the Resolution of Shareholders dated
24 Juli 2014, dividen sebesar USD4.269.558 (USD17/ July 24, 2014, dividend amounted to USD4,269,558
saham) telah dibagi. Dividen kepada PT Pertamina (USD17/share) have been distributed. The dividends
(Persero) akan saling hapus dengan piutang dari to PT Pertamina (Persero) have been offset by
PT Pertamina (Persero) dan dividen ke PDV akan receivables from PT Pertamina (Persero), and the
dibayar tunai. dividend was paid in cash to PDV.
KRONOLOGIS PENCATATAN SAHAM CHRONOLOGY OF SHARE AND OTHER

DAN EFEK LAINNYA SECURITY LISTING
Sampai dengan tahun 2014, Pertamina EP belum Up to 2014, Pertamina EP has never made an initial
pernah melakukan penawaran saham dan public offering and listed its shares on the Jakarta
mencatatkan saham di Bursa Efek Jakarta, sehingga Stock Exchange, so it does not include information
tidak menyertakan informasi terkait kronologis regarding chronology of listing of shares and
pencatatan saham dan efek lainnya. Informasi ini other securities. The information includes the type
mencakup jenis tindakan korporasi, perubahan of corporate actions, change in the volume of
jumlah saham, perubahan jumlah efek, nama bursa, shares, change in the volume of securities, name
peringkat efek, beserta informasi lain sebagai of stock exchange, stock ratings, along with other
uraian dari hal-hal tersebut diatas, seperti yang information as a description of those mentioned
seharusnya disampaikan oleh Perseroan Terbatas above, which should be disclosed by a Limited
(Terbuka atau Tbk). Liability Company (Listed or Tbk).

PEKERJA PERTAMINA EP
Employee of Pertamina EP
KOMPOSISI PEKERJA EMPLOYEE COMPOSITION

Pencapaian atas kinerja Pertamina EP selama tahun Performance achievement of Pertamina EP in 2014
2014 juga merupakan buah kerja keras dari para is also the fruit of hard work of 3,848 employees.
pekerja yang berjumlah 3.848 orang. Keberadaan They are spread at the Head Office and Fields in five
mereka tersebar di Kantor Pusat dan Lapangan Assets of the Company. [G4-10]
yang ada di lima Asset Perusahaan. [G4-10]
Perusahaan terus melakukan pengembangan The Company continues to develop its human
sumber daya manusia (SDM). Setiap tahun resources (HR). Every year we hire new employees
kami menerima pekerja baru untuk mendukung to maintain the continuity of operations and other
kesinambungan kegiatan operasional maupun support activities. The new employees are to replace
kegiatan pendukung lain. Para pekerja baru those who leave Pertamina EP due to retirement or
menggantikan pekerja yang meninggalkan other reasons.
Pertamina EP karena pensiun maupun sebab yang
lain.
Pada tahun 2014 kami menerima 372 pekerja baru. In 2014 we hired 372 new employees. While the
Sementara jumlah pekerja yang meninggalkan number of employees who left the company during
Perusahaan selama tahun 2014 ada 209 orang. 2014 was 209 people. Thus the turnover ratio was
Dengan demikian rasio jumlah pekerja yang pergi almost 1:2. [G4-LA1]
dibandingkan pekerja baru adalah hampir 1:2.
[G4-LA1]
KOMPOSISI PEKERJA BERDASARKAN STATUS [G4-10]

Composition of Employee by Status
Pekerja Waktu Tidak Tertentu (PWTT)*

2012 2013 2014 Permanent Employee*
Total Total Total Pekerja Waktu Tertentu
3,286 3,667 3,848 Direct Contract Employee
* PWTT mencakup rekrutmen Pertamina EP

dan Pertamina (Persero)
Permanent employee including recuitment
3,184 98 3,646 21 3,810 38 by Pertamina EP and Pertamina (Persero)

KOMPOSISI PEKERJA BERDASARKAN LOKASI PENEMPATAN [G4-10]
Composition of Employee by Placement Location
Lokasi Location 2013 2014
Kantor Pusat Head Office 684 710
Asset 1 702 752
Asset 2 799 823
Asset 3 540 590
Asset 4 161 170
Asset 5 721 748
Proyek Pembangunan
Development Project 60 55
Jumlah Total 3,667 3,848
KOMPOSISI PEKERJA BERDASARKAN KOMPOSISI PEKERJA BERDASARKAN

KELOMPOK USIA [G4-10] TINGKAT PENDIDIKAN [G4-10]
Composition of Employee by Age Group Composition of Employee by Level of Education
Umur Age 2013 2014 Pendidikan Education 2013 2014

<30 (31%) 1,124 SLTA dan setara (7%) 1,103 High school and equivalent
31 – 40 (33%) 1,348 Diploma dan setara (28%) 566 Diploma and equivalent
41 – 50 (22%) 831 Sarjana (14%) 1,770 Bachelor’s Degree
>51 (14%) 539 Pasca-Sarjana (51%) 282 Master’s & Doctoral Degree
Jumlah Total 3,667 3,848 Jumlah Total 3,667 3,848
KOMPOSISI MANAJEMEN [G4-LA12]

Management Composition
TINGKATAN MANAJEMEN GENDER KELOMPOK USIA Group of Age

TOTAL
Management Level PRIA Male WANITA Female <30 31-50 >51
Direksi Board of Directors 5 4 1 0 0 5
VP / GM 25 25 0 0 8 17
Manajer / Manajer Senior 189 181 8 0 116 71
Manager / Senior Manager
JUMLAH Total 219 210 9 0 124 93

KOMPOSISI PEKERJA
Employee composition
PENGEMBANGAN PEKERJA HUMAN RESOURCES DEVELOPMENT

Pengembangan SDM juga meliputi peningkatan Human Resources Development also includes
kompetensi dan kapabilitas pekerja. Kami improving the competence and capabilities of
mewujudkan hal tersebut melalui penyelenggaraan workers. We realized this by providing education and
pendidikan dan pelatihan bagi mereka. training for them.
Sepanjang tahun 2014, Pertamina EP Throughout 2014, Pertamina EP organized 26,555

menyelenggarakan 26.555 hari latihan meliputi training days covering 212,440 hours of training, with
212.440 jam pelatihan, dengan besaran biaya the costs amounted to USD 8 million. The number of
yang dibayarkan adalah USD 8 juta. Adapun training participants was 3,538 employees, so that
jumlah peserta pelatihan sebanyak 3.538 pekerja, the average training days per employee was 10.04
sehingga jumlah rerata hari pelatihan per pekerja days and the average training hours per employee
adalah 10,04 dan rerata jam pelatihan per pekerja was 60.04. [G4-LA9]
sebanyak 60,04. [G4-LA9]
RERATA HARI PELATIHAN PEKERJA [G4-LA9]

Training Days for Employees
JENIS PELATIHAN JUMLAH HARI PELATIHAN JUMLAH PESERTA Total Participants

RERATA Average
Type of Training Total Training Days PRIA Male WANITA Female
Domestik Domestic 6,788 1,050 250 4.92
Luar Negeri Overseas 967 86 17 9.39
Inhouse 11,116 1,450 290 6.39
Sertifikasi Certification 7,684 305 90 19.45
Jumlah Total 26,555 2,891 647 10.04
RERATA PESERTA PEKERJA [G4-LA9]

Average Employee Participants
DOMESTIK LUAR NEGERI INHOUSE SERTIFIKASI

Domestic Overseas Certificate Certification
2013: 7,678 2013: 478 2013: 10,077 2013: 4,962
2014: 5,260 2014: 967 2014: 6,429 2014: 1,355
Peserta Participant Peserta Participant Peserta Participant Peserta Participant

USD 8 MILLION
REALISASI
BIAYA PENDIDIKAN PEKERJA
BERDASARKAN RKAP
Realization of Employee Training Cost

based on RKAP

LAPORAN DEWAN KOMISARIS
DAN DIREKSI [G4-1] [G4-2]
Board of Commissioners’ Report and Board of Directors’ Report

12%
Kontribusi terhadap
Meskipun target lifting belum terpenuhi, kontribusi perusahaan terhadap
produksi minyak nasional masih signifikan dan menempati peringkat 2 nasional
Produksi Minyak Nasional Despite the lifting target has not been met, the Company’s contribution to the
Contribution to National Oil Production national oil production is still significant and ranked 2nd nationwide

SAMBUTAN
DEWAN KOMISARIS
Board of Commissioners’ Message
Responsif Terhadap Perubahan

Di tengah dinamika yang berlangsung, Dewan Komisaris yakin bahwa keputusan dan tindakan yang
diambil untuk tujuan organisasi yang lebih strategis akan mendukung keberlanjutan kinerja dan
pertumbuhan, sesuai dengan harapan pemangku kepentingan kami.
Responsive To Change
In the midst of the ongoing dynamics, the Board of Commissioners believes that the decisions and actions
taken for more strategic goals of the organization will support sustainability of performance and growth,
according to our stakeholders’ expectations.
Assalamualaikum Wr.Wb. Assalamualaikum Wr.Wb.

Salam Sejahtera. Greetings.
Pemangku Kepentingan Yang Terhormat, Dear Stakeholders,

Tahun 2014 menjadi tahun penting bagi Perusahaan The year 2014 became an important year for the
karena menandakan tahapan terakhir dari Repetita Company as it marked the final stage of Repetita
III, yakni mewujudkan Visi Pertamina EP dalam III, which realized Pertamina EP’s Vision in its
transformasi menjadi perusahaan kelas dunia. transformation into a world-class company. This
Tahapan ini menjadikan kami terus berbenah untuk stage makes us continue to improve to face the
menghadapi perubahan global yang terjadi. ongoing global changes.
Merespon Tantangan Responding to Challenges

Sepanjang tahun 2014, situasi di dalam negeri Throughout 2014, the situation in the country was
dihadapkan pada dinamika politik nasional dan faced with the dynamics of national politics and
perlambatan pertumbuhan ekonomi. Kinerja sektor slowing economic growth. Upstream oil and gas
hulu migas mengalami penurunan yang terjadi performance experienced a decline in almost
di hampir seluruh Kontraktor Kontrak Kerja Sama all Contractors of Production Sharing Contract
(KKKS). Sementara di tataran global, berlimpahnya (PSC). While globally, abundant supply of crude oil
pasokan minyak mentah di pasar dunia karena in the world market due to the success of shale oil
keberhasilan produksi shale oil, berimbas pada production, caused the decline in crude oil prices.
turunnya harga jual minyak mentah.
Berkurangnya pendapatan karena turunnya Lower income due to the decline in crude oil prices
harga jual minyak mentah di pasar dunia harus on the world market was addressed with efficiency
disikapi dengan kebijakan efisiensi dan inovasi and innovation policies that have been implemented
yang sudah dilaksanakan sepanjang tahun 2014. throughout 2014. Acceleration and breakthrough
Percepatan dan terobosan kian dikembangkan continued to be developed in managing the
dalam mengelola tantangan penurunan alamiah challenges of the ageing oil refineries and natural
cadangan minyak dan tantangan kilang minyak decline of oil reserves.
yang tergolong tua.
Prioritas kegiatan yang cermat dan sinergi yang Prudent priority activities and strong synergies would
kuat kiranya memberikan kemampuan bagi Direksi enable the Board of Directors to pursue progressive
untuk mengusahakan target yang progresif dan targets and maintain the performance. By positioning
memperlihatkan kinerja yang terjaga. Dengan Pertamina EP as a leading oil & gas company,

KOMISARIS DAN DIREKSI
LAPORAN DEWAN
memposisikan Pertamina EP sebagai perusahaan we stay committed to maximize the value of
minyak dan gas yang terkemuka, kami terus corporate assets amid energy source opportunities
berkomitmen memaksimalkan nilai aset perusahaan that remain high.
di tengah peluang sumber energi yang tetap tinggi.
Memandang ke Depan Looking Ahead

Fokus strategi dan tingkat investasi modal akan terus We will continue to keep the focus of the strategy and
kami jaga seiring dengan pertumbuhan pekerja capital investment rate in line with the growth of our
dan aset. Sinergi antara pekerja, proses, teknologi employees and assets. Synergy between employees,
dan lingkungan hidup memungkinkan kami untuk process, technology and the environment allows us
mempertahankan nilai bagi pemegang saham, to maintain value for shareholders, and to serve the
melayani kebutuhan energi dan terus bertanggung needs of the energy and continue to be responsible
jawab pada pembangunan berkelanjutan. for sustainable development.
Kami percaya bahwa dengan penerapan strategi We believe that with the implementation of a realistic
yang realistis dan iklim investasi yang mendukung, strategy and a favorable investment climate,
Pertamina EP dapat memposisikan diri sebagai Pertamina EP can position itself as a world-class
perusahaan kelas dunia dan menjadi energi bagi company and become the energy for the future of
masa depan Negara Indonesia. Indonesia.
Wassalamualaikum Wr.Wb. Wassalamualaikum Wr.Wb.

Salam Sejahtera Best Regards
Dewan Komisaris PT Pertamina EP

Komisaris Utama, Muhamad Husen
PT Pertamina EP Board of Commissioners
President Commisisoner, Muhamad Husen

LAPORAN
DEWAN KOMISARIS [G4-1] [G4-2]
Board of Commissioners’ Report
Dewan Komisaris menjalankan tugas pengawasan Board of Commissioners performs oversight duties
dengan pendekatan pengawasan aktif, melalui with active supervisory approach, through direct
pembahasan langsung atas pencapaian kinerja deliberation on the performance achievement and
dan kunjungan kerja ke area operasi Perusahaan. working visit to the Company’s area of operations.
Pendekatan lain adalah pengawasan pasif dengan Another approach is a passive supervision by
melakukan evaluasi kinerja berdasarkan laporan evaluating performance based on the report
yang telah disampaikan kepada Dewan Komisaris. submitted to the Board of Commissioners.
PENILAIAN KINERJA DIREKSI BOD PERFORMANCE ASSESSMENT

Selama tahun 2014, Direksi Pertamina EP telah During 2014, the Board of Directors has reached
berhasil meraih berbagai pencapaian yang several encouraging achievements. however, there
membanggakan. Meskipun demikian, juga were some things that have not been achieved. This
terdapat beberapa hal yang tidak dapat tercapai. should be a drive to improve performance in the
Ketidakcapaian sebaiknya menjadi semangat untuk future. Board of Commissioners appreciated and
memperbaiki kinerja di masa mendatang. Dewan thanked the members of Board of Directors for all of
Komisaris menyampaikan penghargaan dan terima their performance during 2014.
kasih atas semua kinerja jajaran Direksi selama
tahun 2014.
Pencapaian target di tahun 2014 yang kami Target achievements in 2014 are, among others,
cermati, antara lain adalah efisiensi biaya operasi, operating cost efficiency, investment achievement,
pencapaian investasi, pengelolaan sumber daya human resource management, good corporate
manusia, ketaatan GCG, pencapaian PROPER, governance compliance, PROPER achievement,
pengurangan emisi, dan berbagi pengetahuan. emission reduction, and knowledge sharing. These
Pencapaian ini merupakan hal yang positif karena achievements are positive because they show the
tidak hanya memperhatikan kinerja ekonomi, tetapi Company is not only paying attention to economic
juga pada kinerja sosial dan lingkungan. Hal ini performance, but also on social and environmental
memberikan arti yang lebih, karena keberlanjutan performance. It gives a deeper meaning because
Perusahaan selalu mensinergikan sumber daya the Company’s sustainability can be achieved by
ekonomi, manusia, proses, teknologi dan lingkungan synergizing economic resources, people, process,
hidup. Kami berharap agar semua capaian pada technology and the environment. We hope all of
berbagai aspek ini membuahkan sinergi yang these achievements in various aspects will lead to a
seimbang dalam konteks keberlanjutan yang balanced synergy in the context of sustainability as
menyeluruh. a whole.

LAPORAN DEWAN
REALISASI KESEPAKATAN KERJA DIREKSI TAHUN 2014 [G4-44]
BOD Performance Agreement Realization 2014
INDIKATOR KINERJA UTAMA FREQUENCY MONITORING BOBOT KINERJA

Key Performance Indicator Monitoring Frequency Weight Value Performance
Finansial Financial Bulanan Monthly 25 22.6
Operasional Operational Bulanan Monthly 55 58
Pengembangan Bisnis Business Development Bulanan Monthly 15 14.1
Pengelolaan SDM HR Management Bulanan Monthly 5 6

Total Bobot Total Weight Value 100 101
INDIKATOR KERJA LAINNYA FREKUENSI PEMANTAUAN SATUAN TARGET KINERJA

Key Performance Indicator Monitoring Frequency Weight Value Target Performance
Kepatuhan GCG GCG Compliance Triwulan Quarterly % 87 91.17
PROPER Tahunan Yearly Jumlah Total 18 PROPER Hijau 14 PROPER Hijau

18 Green PROPER 14 Green PROPER
Reduksi Emisi Emission Reduction Triwulan Quarterly % Reduksi 16.52 25.52
% Reduction
Indeks Pembelajaran Triwulan Quarterly % 90 93.68
Learning Index
Tindak Lanjut Temuan Audit Triwulan Quarterly % 80 84.83
Internal dan Eksternal
Follow up of Internal and External Audit
Finding
Transfer Pengetahuan Triwulan Quarterly % 13.5 14.29
Transfer of Knowledge
Tantangan di tahun 2014 telah kita lalui bersama, We have been through various challenges in 2014,
terutama terkait dengan rata-rata penurunan especially in the average natural decline across the
alamiah di seluruh lapangan yang sebelumnya fields, which was 18% previously, now reaching 20%
18%, kini mencapai 20% per tahun. Selain itu, per year. In addition, fluctuations in oil & gas prices in
fluktuasi harga migas di pasar internasional ikut the international market also affected the company’s
mempengaruhi pendapatan perusahaan. Setiap revenue. Every change will have its support and
perubahan akan mendapat dukungan dan challenges, but we hope that these changes will
tantangan, namun kami berharap agar perubahan further synergize the performance of each individual
ini semakin mensinergikan kinerja setiap individu in the Company. Therefore, allow us, the Board
dalam Perusahaan. Oleh karena itu, perkenankan of Commissioners, express our appreciation and
kami jajaran Dewan komisaris mengucapkan gratitude to the management leaderships who have
penghargaan dan terima kasih kepada para completed their terms of office and best wishes for
pimpinan manajemen yang telah menyelesaikan the new management leaderships on their new job.
masa baktinya dan mengucapkan selamat bertugas It is our hope that we can all work in synergy with a
bagi pimpinan manajemen baru. Harapan kami good spirit and goodwill.
agar kita semua dapat saling bersinergi dengan
dilandasi semangat dan niat baik.

Board of Commissioners Report
PANDANGAN ATAS PROSPEK USAHA BUSINESS PROSPECT OUTLOOK
KEGIATAN EKPLORASI EXPLORATION ACTIVITIES

Dewan Komisaris memberi rekomendasi agar Board of Commissioners has recommended that
kegiatan eksplorasi dilakukan dengan ekplorasi the exploration activities are carried out with an
agresif, antara lain melalui penerapan peralatan aggressive exploration, among others, through the
teknologi terbaru dan penemuan new play application of the latest technology equipment
exploration concept. Keberhasilan Tim Appraisal and the discovery of new play exploration concept.
Project Jawa 2 menemukan cadangan baru sumber The success of Appraisal Team of Java 2 Project in
migas pada sumur di Jati Asri, Field Subang, Asset finding new sources of oil and gas reserves in Jati
3 merupakan pencapaian yang membanggakan. Asri wells, Subang Field, Asset 3 is an encouraging
Keberhasilan mereka patut menjadi catatan achievement. Their success should be a record for
karena melakukan inovasi melalui penerapan pola innovation through the application of stratigraphic
stratigrafi (stratigrafic play). play.
Dewan Komisaris mendukung kebijakan Pertamina Board of Commissioners supported Pertamina

Drilling Way yang digagas PT Pertamina (Persero) Drilling Way policy initiated by PT Pertamina (Persero)
dalam menghadapi keterlambatan pelaksanaan in the face of delays in the drilling execution.
pemboran. Pertamina Drilling Way merupakan Pertamina Drilling Way is a strategy of creating
strategi menciptakan pendekatan terstandar a standardized approach to the implementation
pelaksanaan praktik-praktik terbaik eksekusi of best practices for drilling execution. In 2014,
pengeboran. Di tahun 2014, Pertamina EP Pertamina EP applied Pertamina Drilling Way on
menerapkan Pertamina Drilling Way pada Lapangan Bunyu Field, Asset 5 as a pilot. Furthermore, for the
Bunyu, Asset 5 sebagai percontohan. Selanjutnya coming years, the Board of Commissioners has
untuk tahun-tahun mendatang, Dewan Komisaris recommended Pertamina Drilling Way to be applied
merekomendasikan penerapan Pertamina Drilling at other fields.
Way untuk lapangan-lapangan lainnya.
Dewan Komisaris selalu berperan aktif memberikan Board of Commissioners has always played an
saran dan masukan terkait pencapaian target active role in providing advice and input on the
eksplorasi 2014. Saran ini disampaikan dalam 12 achievement of 2014 exploration targets. The
kali rapat antara Direksi dan Komisaris. Hal utama advices were delivered in 12 meetings between
yang direkomendasikan oleh Dewan Komisaris the Board of Directors and Commissioners. The
adalah agar perusahaan mengupayakan: main recommendations made by the Board of
1. Pengeboran 87 sumur pengembangan dengan Commissioners for the company to do include:
investasi sebesar USD400. 1. Drilling of 87 development wells with an
2. Pengeboran lebih banyak dilakukan di Kawasan investment of USD400 million.
Timur Indonesia (KTI) mengingat masih terdapat 2. Drilling mostly to be done in the Eastern Indonesia
potensi. Region (KTI) considering there is still potential.
3. Pengeboran 14 sumur eksplorasi dengan 3. Drilling of 14 exploration wells with an investment
investasi mencapai USD15 setiap sumurnya. of USD15 million per well
KEGIATAN EKSPLOITASI EXPLOITATION ACTIVITIES

Memahami kondisi aset produksi yang sudah tua, Understanding the conditions of aging production
Dewan Komisaris memberi rekomendasi untuk assets, the Board of Commissioners has made some
kembali mengembangkan lapangan X-Ray. recommendations to redevelop the X-Ray field.
Lapangan lepas pantai (offshore) ini awalnya Offshore field was originally set up as a place of
disiapkan sebagai tempat pendidikan bagi proses education for drilling learning process and offshore
pembelajaran pengeboran dan produksi migas oil & gas production. However, due to the potential
lepas pantai. Namun karena potensi cadangan of remaining reserves are still large, this field is
yang tersisa masih besar, maka lapangan ini recommended to be redeveloped.
direkomendasikan untuk dikembangkan kembali.
Selain itu, Dewan Komisaris juga memberikan In addition, the Board of Commissioners also
dukungan atas pengembangan lapangan lepas supported other offshore field development, Poleng
pantai lainnya di Blok Madura, Jawa Timur, yaitu field, in Madura Block, East Java, which was previously
lapangan Poleng yang sebelumnya dikelola managed by Korea Development Ltd. (Kodev Ltd.)
oleh Korea Development Ltd. (Kodev Ltd.) dan and CNOOC. In 2015, the Board of Commissioners
CNOOC. Pada tahun 2015, Dewan Komisaris recommended three new well drilling and nine
merekomendasikan tiga pengeboran sumur baru workover drilling at Poleng field.
dan sembilan pengeboran workover di lapangan
Poleng.
Dewan Komisaris mendukung kebijakan Direksi Board of Commissioners supported the Board of
dalam menghadapi tantangan lapangan yang Directors’ policy in facing the challenges of relatively
tergolong tua dengan mengoptimalkan metode old fields by optimizing

pengurasan minyak tahap lanjut. Metode ini mampu enhanced oil recovery method. This method is able
meningkatkan perolehan minyak 1.429 BOPD. Di to increase the oil recovery of 1,429 BOPD. In 2014,
tahun 2014, Sumur Tanjung telah diperisapkan Tanjung Well has been prepared for the tertiary
untuk tahapan pengurasan lanjutan lapisan tersier recovery stage with chemical injection. Board of
(tertiary recovery) dengan injeksi kimiawi. Dewan Commissioners reiterated that the implementation
Komisaris kembali menegaskan bahwa penerapan of operations should always pay attention to the

kegiatan operasi harus senantiasa memperhatikan environmental and occupational safety aspects.
LAPORAN DEWAN
aspek lingkungan dan keselamatan kerja.
PENDAPATAN DAN BEBAN REVENUE AND EXPENSES

Dewan Komisaris senantiasa memberi rekomendasi Board of Commissioners always provides
dan saran agar perusahaan mampu meningkatkan recommendations and suggestions for the
pendapatan yang bersumber penjualan dari dalam Company to be able to increase revenue from
negeri, baik minyak bumi dan gas dan Liquid domestic sales of oil, gas and Liquid Petroleum
Petroleum Gas (LPG). Hal ini terkait dengan Gas (LPG). This is related to the Company's
kewajiban Perusahaan dalam menyediakan minyak obligations in providing crude oil to meet the needs
mentah untuk memenuhi kebutuhan pasar dalam of domestic market in accordance with the Oil &
negeri sesuai dengan Kontrak Kerjasama Migas. Di Gas Cooperation Contract. On the other hand,
lain pihak, kami tetap melakukan penjualan ekspor we continue to carry our crude oil export sales in
minyak mentah sesuai dengan perjanjian unitisasi accordance with the unitization agreement that has
yang telah disepakati, walaupun jumlahnya hanya been agreed, although the amount is only a small
sebagian kecil dari produksi. part of production.
PERMODALAN CAPITAL
Dewan Komisaris merekomendasikan agar Board of Commissioners recommended that the the
pertumbuhan modal perusahaan dapat company's capital growth can be optimized with
dioptimalkan dengan bersumber dari laba sources from the Company’s profits.
perusahaan.
PERUBAHAN STRUKTUR UNIT BISNIS BUSINESS UNIT STRUCTURE CHANGES

Dewan Komisaris memberi rekomendasi penerapan Board of Commissioners recommended to authorize
pemberian wewenang sebagai CEO asset bagi General Manager as asset CEO and Field Manager
General Manager dan COO bagi Field Manager. as COO.
SUMBER DAYA MANUSIA HUMAN RESOURCES

Dewan Komisaris telah memberikan berbagai Board of Commissioners has provided various
saran dan rekomendasi kepada Manajemen terkait suggestions and recommendations to the
dengan akselerasi pemenuhan SDM. Saran ini di Management on the HR compliance acceleration.
antaranya adalah pemenuhan sertifikasi keahlian/ The suggestions included the fulfillment of
kompetensi teknis SDM sesuai yang diperlukan, certification of required expertise/technical
termasuk peningkatan kemampuan engineering, competency of human resources, including
manajerial dan profesionalisme, dengan the competency enhancement of engineering,
mengedepankan konsep kerjasama kelompok yang managerial and professionalism, by promoting the
solid dan bersinergi. [IR1] concept of solid teamwork and synergy. [IR1]
Selain itu, Dewan Komisaris juga mendukung In addition, the Board of Commissioners also
langkah-langkah perbaikan kebijakan yang telah supported the policy improvement measures
dilakukan oleh Manajemen guna mendukung undertaken by the Management to support business
strategi bisnis melalui operational dan HSSE strategies through operational and HSSE excellence.
excellence. Dewan Komisaris menekankan perlunya Board of Commissioners emphasized the need for
penerapan budaya dan etos kerja yang berkualitas the application of high-quality work culture and
tinggi dan peran teknologi untuk meningkatkan ethos as well as the role of technology to improve
produktifitas. productivity.
TEKNOLOGI [IR8] TECHNOLOGY [IR8]

Mengingat proses penemuan cadangan baru migas Given the discovery of new oil & gas reserves and
serta proses produksi yang kian kompleks dibanding production processes are more complex than
periode sebelumnya, maka Dewan Komisaris the previous period, the Board of Commissioners
memandang perlu untuk mengembangkan dan deemed it is necessary to develop and evaluate
mengevaluasi teknologi yang terintegrasi dan lebih integrated and more accessible technologies. These
mudah diakses. Teknologi ini meliputi inovasi pola technologies include innovations in stratigraphic
stratigrafi, Pertamina Drilling Way, dan teknologi play, Pertamina Drilling Way, and offshore drilling
pemboran lepas pantai yang diperlukan untuk technology needed to support the execution of
mendukung pelaksanaan kegiatan eksplorasi dan exploration and exploitation activities.
eksploitasi.

Board of Commissioners Report
RUJUKAN ATAS INFORMASI LEBIH LANJUT

Reference for further information
TOPIK PENCAPAIAN Topic of achievement HALAMAN Page

Bab Analisis & Pembahasan Manajemen
Eksporasi & Eksploitasi Exploration & Exploitation
Chapter Management Discussion & Analysis
Pendapatan, beban dan permodalan
Bab Analisis keuangan Chapter Financial Analysis
Revenues, expenses and capital
Sumber daya manusia Human capital Bab People Chapter People
Teknologi Technology Bab Teknologi Chapter Technology
PERUBAHAN KOMPOSISI DEWAN KOMISARIS CHANGES IN THE BOARD OF

[G4-13] [G4-38] COMMISSIONERS’ COMPOSITION [G4-13] [G4-38]
Pemegang saham pada tahun 2014 telah Shareholders in 2014 has decided and approved
memutuskan dan menetapkan perubahan the changes in the membership of the Board of
susunan keanggotaan Dewan Komisaris, sebagai Commissioners, as follows:
berikut: 1. Appoint Denny Indrayana and Eddy Mulyadi as
1. Mengangkat Denny Indrayana dan Eddy Mulyadi Commissioners, effective from March 4, 2014.
Soepardi sebagai Komisaris Perseroan, berlaku 2. On November 12, 2014, Eddy Mulyadi Soepardi
efektif terhitung sejak 4 Maret 2014. resigned as Commissioner of Pertamina EP, due
2. Pada 12 November 2014, Eddy Mulyadi to his appointment as a member of the Supreme
mengundurkan diri sebagai Komisaris Pertamina Audit Agency (BPK) of the Republic of Indonesia.
EP, dengan alasan menjadi anggota Badan 3.
Appoint Anny Ratnawati as Commissioner,
Pemeriksa Keuangan (BPK) Republik Indonesia. effective from November 26, 2014
3. Mengangkat Anny Ratnawati sebagai Komisaris
Perseroan, berlaku efektif sejak 26 November
2014
Dengan demikian hingga 31 Desember 2014, Thus until December 31, 2014, there were 4
jumlah pejabat Komisaris ada 4 orang. Commissioners.
KOMPOSISI DEWAN KOMISARIS [G4-38]

Board of Commissioners Composition
ANGGOTA DEWAN KOMISARIS JABATAN PERIODE

GENDER
Board of Commissioners’ Members Position Period
Komisaris Utama 12 Agustus 2011 – 31 Desember 2014
Muhamad Husen Pria Male
President Commissioner August 12, 2011-December 31, 2014
12 Agustus 2011 – 31 Desember 2014
M Afdal Bahaudin Komisaris Commissioner Pria Male
August 12, 2011-December 31, 2014
4 Maret 2014 – 31 Desember 2014
Denny Indrayana Komisaris Commissioner Pria Male
March 4, 2014 - December 31, 2014
4 Maret 2014 – 12 November 2014
Eddy Mulyadi Soepardi Komisaris Commissioner Pria Male
March 4, 2014 - December 31, 2014
26 November - 31 Desember 2014
Anny Ratnawati Komisaris Commissioner Wanita Female
November 26 -December 31, 2014
HAL PENTING LAINNYA OTHER SIGNIFICANT EVENT
Memberhentikan dengan hormat Aji Prajudi sebagai Honorably dismissed Aji Prajudi as Corporate
Sekretaris Perseroan, berlaku efektif terhitung sejak Secretary, effective as of 16 July 2014 based on
16 Juli 2014 melalui Surat Keputusan Direktur the Decree of President Director of PT Pertamina
Utama PT Pertamina (Persero) No. Kpts.P-189/ (Persero) No. Kpts.P-189/C00000/2014-S8
C00000/2014-S8 tentang Mutasi Jabatan untuk concerning Employee Transfer due to assignment
melaksanakan penugasan dari PT Pertamina from PT Pertamina (Persero), and appointed
(Persero) dan mengangkat D. Yodi Priatna sebagai D. Yodi Priatna as Corporate Secretary.
Sekretaris Perseroan.

LAPORAN DEWAN
KOMITE DI BAWAH DEWAN KOMISARIS [G4-34] COMMITTEES UNDER BOARD OF COMMISSIONERS [G4-34]
Dalam melaksanakan tugasnya, Dewan Komisaris In performing its duties, the Board of Commissioners
dibantu oleh komite-komite yang berada di is assisted by some committees.
bawahnya.
Komite Audit Audit Committee

Membantu Dewan Komisaris melaksanakan penga- To assist the Board of Commissioners to perform
wasan untuk memastikan telah terselenggaranya control to ensure the implementation of oversight
fungsi pengawasan atas proses penyelesaian function over the process of finalizing the Financial
Laporan Keuangan, Pelaksanaan Audit atas Laporan Statements, Audit of Financial Statements and
Keuangan dan Keandalan Sistem Pengendalian Corporate Internal Control System Reliability. The
Internal Perusahaan. Komite Audit dipimpin oleh Audit Committee is chaired by M. Afdal Bahaudin.
M. Afdal Bahaudin.
Komite Investasi dan Manajemen Risiko Investment and Risk Management Committee
Membantu Dewan Komisaris melaksanakan evaluasi To assist the Board of Commissioners carry out
dan pengawasan bidang investasi serta mitigasi evaluation and supervision of investment and
risiko, sehingga setiap investasi dan kegiatan risk mitigation, to ensure any investments and
operasi yang dilaksanakan dapat memberikan hasil operations can provide optimal results. Investment
optimal. Komite Investasi dan Manajemen Risiko and Risk Management Committee chaired by M.
dipimpin oleh M. Afdal Bahaudin. Afdal Bahaudin.

PROFIL DEWAN KOMISARIS
Board of Commissioners Profile
MUHAMAD HUSEN
President Commissioner
Bergabung dengan PT Pertamina

(Persero) pada tahun 2008 dan Pertamina
EP pada tahun 2009. Menjabat sebagai M. AFDAL BAHAUDIN
Komisaris Utama Pertamina EP sejak 12 Commissioner
Agustus 2011.
Meraih gelar Sarjana Geologi di ITB Bergabung dengan PT Pertamina
(1984) dan Magister Sains di University of (Persero) pada tahun 1985 dan menjabat
London (1989). sebagai Komisaris Pertamina EP sejak
Menempati berbagai posisi kunci di 2010.
PT Pertamina (Persero) dan Pertamina Meraih gelar sarjana Akuntansi di
EP. Sebelumnya menjabat sebagai
Universitas Pajajaran dan gelar Master
Komisaris Pertamina EP pada 1 Juli 2009
dan Direktur Hulu PT Pertamina (Persero) in Business Administration di University
pada 5 Maret 2008. Usia Beliau per 31 of Illinois at Urbana-Champaign USA,
Desember 2014 adalah 57 tahun. tahun 1997.
Menempati berbagai posisi kunci di PT
Pertamina (Persero) dan Pertamina EP.
Joined PT Pertamina (Persero) in 2008
Sebelumnya menjabat sebagai Komisaris
and joined Pertamina EP in 2009.
Serving as President Commissioner of PT Utama Pertamina EP, 24 November 2010,
Pertamina EP since August 12, 2011. dan merangkap sebagai Investment
Planning & Risk Management Director
Earned a Bachelor of Geological PT Pertamina (Persero), 2011. Usia Beliau
Engineering from ITB (1984) and Master
per 31 Desember 2014 adalah 59 tahun.
of Science from University of London
(1989).
Occupying various key positions at PT Joined PT Pertamina (Persero) in 1985
Pertamina (Persero) and Pertamina EP. and has been serving as Commissioner
Previously, he had been appointed as
of PT Pertamina EP since 2010.
Commissioner at PT Pertamina EP on July
1, 2009 and as Upstream Director at PT Earned a Bachelor of Accounting from
Pertamina (Persero) on March 5, 2008. Pajajaran University and Master in
He is 57 years of age as of December 31,
Business Administration from University
2014.
of Illinois at Urbana-Champaign, US, in
1997.
Occupying various key positions at PT
Pertamina (Persero) and Pertamina
EP. Previously, he had been appointed
as President Commissioner at PT
Pertamina EP on November 24, 2010,
and concurrently as Investment Planning
& Risk Management Director at PT
Pertamina (Persero) in 2011. He is 59
years of age as of December 31, 2014.

LAPORAN DEWAN
ANNY RATNAWATI
Commissioner
DENNY INDRAYANA Bergabung dengan PT Pertamina (Persero)

Commissioner sebagai Komisaris hingga tahun 2013 dan
menjabat sebagai Komisaris Pertamina EP
sejak 26 November 2014.
Bergabung dan menjabat sebagai
Komisaris PT Pertamina EP sejak 4 Maret EDDY MULYADI SOEPARDI Meraih gelar sarjana dari Fakultas Agribisnis
2014. Commissioner Institut Pertanian Bogor (1985), Master of
Science in Agricultural Economics Institut
Meraih gelar Sarjana Hukum di Pertanian Bogor (1989) dan Ph.D in Agricultural
Universitas Gadjah Mada, gelar Menjabat sebagai Komisaris Pertamina Economics Institut Pertanian Bogor (1996).
Master di Universitas Minnesota – USA, EP sejak 4 Maret 2014.
serta Doctor of Philosophy (Ph.D.) Menempati berbagai posisi penting, yaitu
Meraih gelar Doktor di Universitas
dari Universitas Melbourne - Australia. dosen di Fakultas Ekonomi & Manajemen-
Padjadjaran Jurusan Ilmu Ekonomi
Ditahun 2010, beliau dikukuhkan sebagai Institut Pertanian Bogor, OPEC Fund for
Akuntansi dan beliau dikukuhkan
Guru Besar Hukum Tata Negara, Fakultas International Development Governor for
sebagai Guru Besar Ilmu Ekonomi -
Hukum Universitas Gajah Mada (UGM). Indonesia (2008), Direktur Jenderal Anggaran
Akuntansi, dari Universitas Pakuan Bogor Kementerian Keuangan (2008-2010), Direktur
Menempati berbagai posisi kunci di di tahun 2007. Jenderal Anggaran Kementerian Keuangan
birokrasi. Sebelumnya menjabat sebagai merangkap Wakil Menteri Keuangan RI (2010-
Menempati berbagai posisi kunci
Wakil Menteri Hukum & HAM RI, Oktober 2011), Wakil Menteri Keuangan RI (2010 –
di perusahaan BUMN. Sebelumnya
2014. Usia Beliau per 31 Desember 2014 2014). dan Anggota Dewan Komisaris Otoritas
menjabat sebagai Komisaris PT Angkasa
adalah 42 tahun. Jasa Keuangan (OJK) Ex- Officio Kementerian
Pura I (Persero), 2014, dan merangkap
sebagai Kepala Badan Pemeriksa Keuangan sejak tahun 2012. Usia Beliau per 31
Keuangan dan Pembangunan (BPKP) Desember 2014 adalah 52 tahun.
Joined and serving as Commissioner of Bidang Investigasi, 2011. Usia Beliau per
PT Pertamina EP since March 4, 2014. 31 Desember 2014 adalah 60 tahun.
Earned a Law degree from Gadjah Joined PT Pertamina (Persero) as Commissioner
Mada University, a Master’s degree until 2013 and serving as Commissioner of PT
from University of Minnesota, US, and Serving as Commissioner of PT Pertamina Pertamina EP since November 26, 2014
Doctor of Philosophy (Ph.D.) from the EP since March 4, 2014. She earned Bachelor from Agribusiness Faculty,
University of Melbourne, Australia. In Bogor Institute of Agriculture (1985), Masters
Earned his Doctoral degree from
2010, he was inaugurated as Professor in Agricultural Economics Bogor Institute of
Department of Accounting, Faculty
of Constitutional Law, Faculty of Law at Agriculture (1989), and a Doctoral degree with
of Economics, Padjadjaran University
Gadjah Mada University (‘UGM’). Cum Laude, in Agricultural Economics in 1996.
and he was inaugurated as Professor
Occupying various key positions in the of Economics - Accounting, at Pakuan She previously occupied several important
bureaucracy. He previously served as University, Bogor, in 2007. positions, among others, Lecturer at Faculty
Deputy Minister of Justice & Human of Economics and Management Bogor
He has occupied various key positions in
Rights, October 2014. He is 42 years of as Institute of Agriculture, OFID (OPEC Fund for
state-owned enterprises. He previously
of December 31, 2014. International Development) Governing Board
served as a Commissioner of PT Angkasa
Pura I (Persero) in 2014, and concurrently Representative for Indonesia (2008), Director
served as the Chief of Finance and General of Budget at the Ministry of Finance
Development Supervisory Board (BPKP) (2008-2010), serving concurrently as Director
in 2011. He is 60 years of age as of General for Budget at the Ministry of Finance
December 31, 2014. and as Deputy Minister of Finance Deputy
Minister of Finance (2010-2011), Deputy
Minister of Finance Deputy Minister of Finance
(2011 – recently) and Ex-officio member of the
Board of Commissioner of Indonesia Financial
Services Authority, the Ministry of Finance since
2012. She is 52 years of age as of December
31, 2014. served as Deputy Minister of Finance
in 2010 - 2014. She is 52 years of age as of
December 31, 2014.

SAMBUTAN DIREKSI
Board of Directors Message
Sinergi Untuk Masa Depan

Melanjutkan komitmen kami, Pertamina EP mencatat kinerja yang terjaga pada tahun 2014. Hal ini dicapai
di tengah ketidakpastian ekonomi global, pasar komoditas dan ketidakstabilan sosial politik di kawasan
regional. Oleh karena itu, ‘sinergi’ menjadi kata kunci bagi kami untuk melangkah menuju masa depan.
Synergy for the Future

Continuing our commitment, Pertamina EP recorded a maintained performance in 2014. This was achieved in the midst of
global economic uncertainty, commodity markets as well as regional social and political instability. Therefore, the ‘synergy’ is
the key word for us to step into the future.
Assalamualaikum Wr.Wb. Assalamualaikum Wr.Wb.

Salam Sejahtera. Greetings.
Pemangku Kepentingan yang Terhormat, Dear Stakeholders,

Tahun lalu merupakan tahun yang penting bagi Last year was an important year for Pertamina EP in
Pertamina EP dalam membangun karakter sebuah building the character of a world-class company.
perusahaan kelas dunia. Perubahan dinamika Changes in market dynamics and production
pasar dan tantangan produksi sepanjang tahun challenges throughout the year encouraged us
memberanikan kami untuk mencermati berbagai to observe various scenarios in the future and the
skenario di masa depan dan kemungkinan possibility of implementing various strategies for
menjalankan berbagai strategi bagi Pertamina EP Pertamina EP after 2020.
setelah tahun 2020.
Sinergi dan Fokus Synergy and Focus

Lifting minyak sepanjang tahun 2014 mencapai In 2014, oil lifting was at 794,000 barrel per day
794.000 barel per hari atau 97% dari target or 97% of the target of Revised State Budget
APBN-P 2014. Belum terpenuhinya target lifting (APBN-P) 2014. The unaccomplished lifting target
ikut dipengaruhi oleh situasi mundurnya jadwal was affected by the delays of drilling schedule,
pemboran, proyek onstream dan produksi KKKS. on-stream project, and production of Production
Meskipun demikian kontribusi Perusahaan terhadap Sharing Contract Contractor (KKKS). Nonetheless,
lifting minyak nasional masih signifikan dan the Company’s contribution towards national oil
menempati peringkat 2 dengan produksi sekitar lifting was still significant and ranked 2nd with the
12% terhadap produksi minyak nasional. Pada kurun production approximately 12% of the total national
waktu yang sama, lifting gas mencapai 1.218.000 oil production. In the same period, the gas lifting was
barel setara minyak per hari. 1.218 million barrels oil equivalent per day.
Pencapaian ini tidak terlepas dari berbagai This achievement could not be separated from
tantangan lapangan lain yang dihadapi, yaitu various challenges encountered by the Company,
penurunan alamiah cadangan minyak rata-rata namely the natural decline of oil reserves at average
20%, lahan produksi yang sebagian besar tergolong of 20%, most of production sites are aging, the
tua, dinamika perubahan harga pasar serta illegal dynamics of changes in market prices and illegal
tapping. tapping.
Sinergi di tahun 2014 telah memampukan kami The synergy in 2014 has enabled us to begin offshore
berfokus pada terobosan dan memulai eksplorasi exploration and production, reforming old refineries,
dan produksi di lepas pantai (offshore), mereformasi and to apply Pertamina Drilling Way.
kilang tua, dan menerapkan Pertamina Drilling Way.

LAPORAN DEWAN
Dengan memperhatikan perubahan yang terjadi, By paying attention to the changes, we still operate
kami tetap beroperasi sesuai inisiatif strategis yang in accordance with the strategic initiative formulated
telah dirumuskan dalam RJPP. in Company’s Long Term Plan (RJPP).
Menghadapi Masa Depan Dengan Percaya Diri Facing the Future With Confidence
Walaupun saat ini terlihat tren peningkatan produksi, Although currently there was a visible trend of
namun pemenuhan kebutuhan minyak dalam jangka increasing production, but the fulfillment of oil
panjang masih menjadi tantangan. Pada saat yang demand in the long term remains a challenge. At the
sama, permintaan akan minyak diperkirakan terus same time, demand for oil is expected to increase in
meningkat seiring pertumbuhan ekonomi dunia. line with the growth of world economy. Considering
Mengingat bahwa minyak dipergunakan dalam that oil is used in a wide range of applications, the oil
beraneka ragam aplikasi, fundamental pasar market fundamentals in the long term are estimated
minyak dalam jangka panjang diperkirakan cukup fairly well.
baik.
Segenap anggota Direksi menghargai dan All the members of the Board of Directors appreciate
memahami bahwa kita tetap harus bersama and understand that together, we can give the best
memberikan hasil yang terbaik. Pasar berfluktuasi, result. The market is fluctuating, the priorities are
prioritas bergeser, namun komitmen kami tetap shifting, but our commitment remains firm to do the
teguh untuk melakukan apa yang tepat bagi right things for our stakeholders and the welfare of
para pemangku kepentingan dan kesejahteraan Indonesian society.
masyarakat Indonesia.
Terima kasih atas semua dukungan dari pemangku Thank you for the support of our stakeholders.
kepentingan kami.
Wassalamualaikum Wr. Wb.
Presiden Direktur PT Pertamina EP

President Director of PT Pertamina EP
Adriansyah

SATOTO AGUSTONO
Development Director
RIYANTO SUWARNO
PJ. Production & Operation Director
ADRIANSYAH
President Director

BENI JAFILIUS IBRADI AD
Production & Operation Director

LAPORAN DEWAN
DODDY PRIAMBODO
Exploration and New Discovery
Project Director
LUKITANINGSIH
Finance & Business Support Director

LAPORAN DIREKSI
Board of Directors Report [G4-1] [G4-2]
Tahun 2014 memiliki makna penting bagi The year 2014 has significance to PT Pertamina
Pertamina EP, karena menjadi penentu bagi upaya EP, as a determinant for the realization of the
mewujudkan visi menjadi perusahaan kelas dunia. vision to become a world-class company. Some
Beberapa pencapaian telah kami raih, yang of our achievements, which marked the proper
menandakan berjalannya transformasi Perusahaan implementation of Company transformation in
dalam menerapkan praktik-praktik terbaik sesuai applying best practices according to the world
standar dunia. standard.
Sinergi yang terbangun antara manusia, proses, Synergies that have been developed between
teknologi dan lingkungan hidup, menjadikan people, process, technology and the environment,
Perusahaan pada tahun 2014 mencatatkan kinerja have made the Company record a positive
yang tetap terjaga. performance in 2014.
Rp PEROLEHAN REALISASI PRODUKSI REALISASI PRODUKSI

LABA BERSIH MINYAK MENTAH 2014 GAS BUMI 2014
Realization of Crude Oil Realization of natural gas
Net Profit Production in 2014 production in 2014
USD
1,586 million 117,030 BPOD 1,044 MMSCFD
mencapai 79% dibandingkan 91% dari target 2014 yang 97% dari target 2014 yang
realisasi tahun 2013 yang sebesar 128.000 BOPD sebesar 1.072 MMSCFD
sebesar USD1,989 juta
Reached 79% compared to 91% of the target 128,000 BOPD 97% of the target 1,072
realization of 2013 MMSCFD
at USD1,989 million

LAPORAN DEWAN
KONDISI PEREKONOMIAN DAN MIGAS INDONESIAN ECONOMIC CONDITIONS
INDONESIA 2014 AND OIL & GAS 2014
Sepanjang tahun 2014 kondisi ekonomi nasional Throughout 2014 the national economic conditions
cenderung mengalami pelambatan pertumbuhan, tend to experience a slowdown in growth, as the
sebagai dampak dari pelemahan. Selain itu pada impact of the global economy. In addition, in 2014
tahun 2014 Perusahaan juga dihadapkan pada the Company also faced with the decline in oil prices
situasi keterlambatan jadwal beberapa kegiatan in the world market due to oversupply, as well as
produksi dan penurunan harga minyak di pasar government policy in raising the price of fuel.
dunia karena berlebihnya pasokan, serta kebijakan
Pemerintah menaikkan harga bahan bakar minyak
(BBM).
Secara langsung situasi tersebut memang tidak The situation did not directly affect Pertamina EP’s
mempengaruhi kinerja keuangan Pertamina EP, financial performance, considering the entire crude
mengingat penjualan produksi minyak mentah oil production were sold to meet domestic needs
sepenuhnya untuk kebutuhan dalam negeri yakni of the processing unit of PT Pertamina (Persero).
unit pengolahan PT Pertamina (Persero). Demikian Similarly, the increase in fuel prices did not give direct
pula dengan kenaikan harga BBM tidak memberikan effect to the Company, as our business activities are
pengaruh langsung kepada Perusahaan, karena in the upstream sector.
kegiatan usaha kami berada di sektor hulu.
Namun demikian Pertamina EP tetap dituntut However Pertamina EP is still required to increase
meningkatkan kemampuan maupun volume the capability and production volume of crude oil
produksi minyak mentah dan gas bumi (migas). Hal and natural gas (oil & gas). This is to ensure the
ini untuk menjamin kesinambungan pasokan minyak continuity of crude oil supply to refineries belonging
mentah ke kilang-kilang PT Pertamina (Persero) dan to PT Pertamina (Persero) and meet the needs of the
memenuhi kebutuhan produksi migas nasional. national oil & gas production.
REALISASI PRODUKSI MINYAK & GAS NASIONAL

Realization of national oil & gas production
MINYAK GAS
OIL GAS
2013: 826,000 BPH 2013: 1,218 MBOEPD

2014: 794,000 BPH 2014: 1.218 MBOEPD
Sumber Source:
Kementerian ESDM dan SKK Migas
Energy & Mineral Resources Ministry and SKK Migas

LAPORAN DIREKSI
Board of Directors Report
PROSPEK USAHA BUSINESS PROSPECTS

Kebutuhan migas secara nasional diprediksi akan National oil and gas needs are predicted to continue
terus memperlihatkan pertumbuhan, yang ditandai to show growth, characterized by a significant
dengan permintaan yang meningkat signifikan, increase in demand, in line with the growing
seiring bertumbuhnya perekonomian Indonesia. economy of Indonesia. This condition creates a
Kondisi ini menciptakan potensi pasar bagi potential market for revenue optimization in the
optimalisasi perolehan pendapatan pada tahun- coming years.
tahun mendatang.
Berbagai kendala maupun tantangan akan tetap We will remain carefully face various obstacles and
kami hadapi dengan cermat, terutama fasilitas challenges, especially the old production facilities,
produksi yang sudah tua, infrastruktur yang kurang inadequate infrastructure, most production land
memadai, lahan produksi yang sebagian besar already mature/depleted, as well as the large
sudah mature/depleted, serta banyaknya struktur number of idle structure and wells. The year 2014
maupun sumur idle. Tahun 2014 menjadi catatan became a special note for us to rectify the failure in
khusus bagi kami untuk berbenah diri atas tidak meeting production targets due to delays in some
tercapainya target produksi akibat terlambatnya project schedule plans.
beberapa jadwal proyek yang direncanakan.
Dengan tetap memperhatikan perubahan yang With regard to the changes, we remain operating
terjadi, kami tetap beroperasi sesuai inisiatif strategis according to strategic initiative that has been
yang telah dirumuskan dalam mencapai target formulated to achieve the targets set out in the
yang ditetapkan dalam Rencana Jangka Panjang Corporate Long Term Plan (RJPP). The strategic
Perusahaan (RJPP). Upaya inisiatif strategis dimulai initiative efforts have begun since 2006 and will
sejak tahun 2006 dan secara berkesinambungan continue to be implemented continuously until 2035
akan terus dilaksanakan hingga tahun 2035 dengan with a target of production increase by 10%.
target peningkatan produksi sebesar 10%.
Dalam hal pemenuhan tanggung jawab sosial, In social responsibility fulfillment, Pertamina EP has
Pertamina EP tetap berkomitmen melaksanakan been implementing corporate social responsibility
program corporate social responsibility (CSR) yang (CSR) programs, which aim to improve the welfare
bertujuan untuk meningkatkan kesejahteraan of the community in the vicinity of the Company’s
masyarakat di sekitar lokasi Perusahaan activities. With improved welfare, the community will
berkegiatan. Dengan meningkatnya kesejahteraan, support all forms of Pertamina EP’s activities in the
maka masyarakat akan memberikan dukungan bagi field.
segala bentuk kegiatan Pertamina EP di lapangan.

KEBIJAKAN STRATEGIS 2014 STRATEGIC POLICY 2014
01

Pencarian sumber-sumber cadangan baru minyak Search for new sources of oil reserves through
LAPORAN DEWAN
dengan eksplorasi lepas pantai (offshore). Tahun offshore exploration. In 2015, Pertamina EP is
2015, Pertamina EP melakukan persiapan untuk making preparations for the exploration execution
pelaksanaan eksplorasi di Blok Glagah, Kambuna, in Glagah Block, Kambuna, North Sumatra, which will
Sumatra Utara, yang akan dilakukan pada tahun be conducted in 2016. Glagah Block was previously
2016. Blok Glagah sebelumnya dioperasikan operated by Salamander Energy with the status of
Salamander Energy dengan status Technical Technical Assistant Contract (TAC).
Assistant Contract (TAC).
02
Penerapan Pertamina Drilling Way pada Lapangan Application of Pertamina Drilling Way at Bunyu Field,
Bunyu, Asset 5 sebagai percontohan untuk kemudian Asset 5 as a pilot for later developed in other fields.
dikembangkan di lapangan lainnya. Pertamina Pertamina Drilling Way is a strategy of creating a
Drilling Way merupakan strategi menciptakan standardized approach to the implementation of
pendekatan terstandar pelaksanaan praktik-praktik best practices and execution of drilling and become
terbaik eksekusi pengeboran dan menjadi gagasan a concept for PT Pertamina (Persero) to face delays
PT Pertamina (Persero) dalam menghadapi in drilling execution.
keterlambatan pelaksanaan pemboran.
03
Percepatan pengembangan (monetisasi) struktur Acceleration of structure monetization from
temuan eksplorasi, dengan mempercepat exploration discoveries, by accelerating
tahapan eksplorasi ke tahap pengembangan exploration stage to development stage through
melalui program percepatan POD yaitu dengan POD acceleration program, which is conducting
melaksanakan pemboran delineasi bagi struktur- delineation drilling for exploration discovery
struktur temuan eksplorasi. structures.
04
Memaksimalkan proyek pengurasan lanjut atau Maximizing the enhanced oil recovery (EOR) in the
enhanced oil recovery (EOR) pada sumur-sumur wells that entered the stage of secondary recovery
yang memasuki tahapan pengurasan lapisan and tertiary recovery, as well as accelerating the
sekunder (secondary recovery) dan lapisan tersier peak production. Production realization of EOR
(tertiary recovery), serta mempercepat peak projects showed an increase, with volume in 2014
production. Realisasi produksi dari proyek EOR amounted to 2,181 BOPD from the target 3,260
memperlihatkan peningkatan, dengan volume BOPD, and in 2015 is expected to reach 2,378 BOPD.
tahun 2014 sebesar 2,181 BOPD dari target 3.260
BOPD, dan pada tahun 2015 ditargetkan mencapai
2.378 BOPD.
05
Menjaga produksi pada Lapangan-Lapangan Maintain the production at existing fields that did
eksisting agar tidak mengalami penurunan produksi not experience a sharp decline in production,
yang tajam, antara lain melalui pembenahan including through the improvement of surface
surface facility, perawatan sumur dan upaya facility, well service and work plan execution efforts
pelaksanaan rencana kerja rendah (reparasi, (repair, stimulation, reopening, reactivation, well
stimulasi, reopening, reaktifasi, optimasi sumur) optimization) with production of 9,054 BOPD or
dengan perolehan produksi sebesar 9.054 BOPD 169% of the target at 5,348 BOPD, an increase in
atau 169% dari target 5.348 BOPD, peningkatan natural gas production with the start of production
produksi gas bumi dengan mulai berproduksinya at Gundih Gas CPP by the end of 2014 as well as the
CPP Gas Gundih di akhir 2014 serta mengingat proven natural gas reserves in Indonesia, according
cadangan gas bumi terbukti di Indonesia menurut to data from Central Bureau of Statistics 2014
data BP Statistics 2014 mencapai 103,3 triliun reached 103.3 trillion cubic feet. In addition, the
kaki kubik. Selain itu, permintaan gas di Indonesia gas demand in Indonesia is estimated to increase
diperkirakan meningkat sekitar 4,8% per tahun by approximately 4.8% per year between 2015 and
antara 2015 hingga 2025. 2025.

LAPORAN DIREKSI
KINERJA BISNIS PERTAMINA EP TAHUN 2014 PERTAMINA EP BUSINESS PERFORMANCE 2014

Sepanjang tahun 2014 kami telah berupaya Throughout 2014, we have strived to meet the target
memenuhi target Rencana Kerja dan Anggaran of the Work Plan and Budget (RKAP) in 2014, which
Perusahaan (RKAP) 2014, yang merupakan bagian was part of Pertamina EP’s Long Term Plan (RJP).
dari Rencana Jangka Panjang (RJP) Pertamina EP.
Realisasi RKAP Produksi Minyak Realisasi RKAP Produksi Gas
91%
RKAP Realization of Oil Production
97%
RKAP Realization of Gas Production
REALISASI RENCANA JANGKA PANJANG PERUSAHAAN DI TAHUN 2014 [G4-44]

Realization of Long Term Corporate Plan in 2014
RENCANA JANGKA PANJANG PEMENUHAN RKAP 2014 Pencapaian LONG TERM PLAN
Target Fulfillment of Corporate
PERTAMINA EP Work Plan & Budget 2014
Achievement OF PERTAMINA EP
Survei Eksplorasi (3D) 2,125 2,209 104% Exploration survey (3D)

Studi G&G 13 11 85% G&G Study
Pemboran 12 9 75% Drilling
Produksi Minyak (BOPD) 128,000 117,030 91% Oil Production
Produksi Gas (MMSCFD) 1,072 1,044 97% Gas Production
Penemuan Cadangan Eksplorasi Discovery of exploration reserves
337 522 155%
(2C-Inplace) (2C-Inplace)
Penemuan Cadangan Eksplorasi Discovery of exploration reserves
179 179 100%
(2C-RR) (2C-RR)
Sepanjang tahun 2014, kegiatan eksplorasi telah Throughout 2014, exploration activities have been
menyelesaikan pemboran eksplorasi sebanyak 9 able to complete exploration drilling for 9 wells. The
sumur. Besarnya realisasi tambahan cadangan (2C volume of additional reserves (2C RR) realization was
RR) adalah 79 MMBO dan 578 BCFG atau setara 79 MMBO and 578 BCFG or equivalent 179 MMBOE.
179 MMBOE. Realisasi tersebut mencapai 100 % The realization reached 100% of RKAP target.
target RKAP
The highlight of the search for new oil & gas
Catatan penting dari upaya pencarian cadangan reserves was the successful implementation of the
baru migas adalah keberhasilan penerapan pola stratigraphic play by the Appraisal Team of Java 2
stratigrafi (stratigrafic play) oleh Tim Appraisal Project, which has been able to find a source of oil
Project Jawa 2, yang telah dapat menemukan & gas in Jati Asri-01 Well (JAS-01), Subang Field, in
sumber migas di Sumur Jati Asri-01 (JAS-01), Field Asset 3. The application of stratigraphic play is an
Subang di area Asset 3. Penerapan stratigrafic innovation, after having been normally using the
play merupakan sebuah inovasi, karena selama ini structural play approach. JAS-01 Well successfully
lazimnya menggunakan pendekatan pola struktural increased the Company’s oil & gas production
(structural play). Sumur JAS-01 sukses menambah following the completion of put on production
produksi migas Perusahaan menyusul selesainya program on June 20, 2014.
program put on production pada 20 Juni 2014.
Realisasi produksi minyak mentah pada tahun Realization of crude oil production in 2014 reached
2014 mencapai 117.030 BOPD, yang mencapai 117,030 BOPD, which was 91% of RKAP target. This
91% dari target RKAP. Angka tersebut merupakan figure was the observed production realization as
realisasi produksi (observed) yang diukur di Stasiun measured at Gathering Station (SP) and the Main
Pengumpul (SP) dan Stasiun Pengumpul Utama Gathering Station (SPU) of each field, which is used as
(SPU) dari setiap Field, yang digunakan sebagai a benchmark to monitor and evaluate the operating
acuan untuk memonitor dan mengevaluasi kinerja performance of production. Meanwhile, based
operasi produksi. Sedangkan jika berdasarkan on standard condition of oil production figures in
angka produksi minyak standard condition yang each Container Production Center (PPP) and the
diukur di setiap Pusat Penampung Produksi (PPP) Terminal measured by the operation team and the
dan Terminal, oleh team operasi produksi dan Oil Financial Accounting, the actual production
Akuntansi Keuangan Minyak, realisasi produksi amounted to 116,115 BOPD. On the other hand, gas
adalah sebesar 116.115 BOPD. Di sisi lain, produksi production amounted to 1,044 MMSCFD, or 97% of
gas sebesar 1.044 MMSCFD, atau 97% dari target the RKAP target.
RKAP.

Faktor yang mempengaruhi pencapaian tersebut Factors affecting the achievement are bad weather,
adalah cuaca buruk, low & off sumur-sumur produksi, production wells low & off, high rise of water content
kenaikan kadar air yang tinggi di beberapa Field, in several Fields, and not optima performance of
serta belum optimalnya kinerja Fasilitas CPP Gundih. CPP Gundih facility.
Beberapa faktor yang mempengaruhi tidak Some factors has affected unaccomplished target
tercapainya target lifting minyak: of lifting oil, as follows:

• Beberapa KKKS belum dapat melakukan • Some KKKS were not able to conduct activities due
LAPORAN DEWAN
kegiatan karena gangguan fasilitas produksi dan to disruption of production facilities and off-taker,
offtaker, antara lain kendala sumur dan fasilitas among others, constraints on wells and production
produksi, unplanned shutdown dan kendala dari facilities, unplanned shutdown and constraints
offtaker dalam proses lifting. from the off-taker during the lifting process.
• Mundurnya jadwal proyek onstream, seperti • Delay of onstream project schedule, such as in
Banyu Urip, Lapangan Bukit Tua, Lapangan Banyu Urip, Lapangan Bukit Tua, Kerendan Field,
Kerendan, Lapangan Ridho, Lapangan Bayan Ridho Field, Bayan Field and Sampoerna Field.
dan Lapangan Sampoerna. • Operational constraints, such unaccomplished
• Kendala operasional, seperti hasil pemboran drilling target, technical constraints on production
yang tidak sesuai target, kendala teknis operasi operations, delays in procurement of facilities and
produksi, keterlambatan pengadaan fasilitas equipment production, licensing constraints and
dan peralatan produksi, kendala perijinan dan disturbances of thievery and security as well as
gangguan pencurian dan keamanan serta illegal tapping.
illegal tapping.
KEBIJAKAN UNTUK MENUNJANG PENCAPAIAN TARGET 2014

Policy to Support Achievement of 2014 Target
01
Penyediaan fasilitas baru yang handal, aman, The provision of new facilities that are reliable, safe,
ramah lingkungan dan ekonomis di field existing environmentally friendly and economical in existing
dan field baru yang sesuai dengan standar industri and new fields in accordance with world standard of
perminyakan dan gas kelas dunia. oil and gas industry.
02
Pengelolaan sistem pemeliharaan dan improvement Management of maintenance system and
fasilitas existing sehingga mempunyai tingkat improvement of existing facilities in order to have
keandalan (reliability) dan ketersediaan (availability) high reliability and high operational availability.
operasi yang tinggi.
03
Optimalisasi penggunaan dan pemanfaatan Optimizing the use and utilization of existing facilities
fasilitas existing sehingga mempunyai tingkat in order to have fairly high utilization.
pemakaian (utilisasi) yang cukup tinggi.
04
Peningkatan kompetensi dan keahlian tenaga kerja Increased competence and expertise of the
melalui pelatihan dan sertifikasi yang memenuhi workforce through training and certification that
standar industri perminyakan dan gas kelas dunia. meet world standards of oil and gas industry.
KINERJA KEBERLANJUTAN PERUSAHAAN CORPORATE SUSTAINABILITY PERFORMANCE

DI TAHUN 2014 IN 2014
Segenap upaya untuk meningkatkan kemampuan All efforts to improve the capacity and volume of oil &
dan volume produksi migas, tetap dilaksanakan gas production, continued to be carried out with due
dengan memperhatikan praktik-praktik terbaik regard to best practices of management of quality,
pengelolaan kualitas, kesehatan dan keselamatan, health and safety, security and environment. In
keamanan dan lingkungan. Pada bulan Maret 2014, March 2014, the Company enforces Quality, Health,
Perusahaan memberlakukan Kebijakan Quality, Safety, Security & Environment (QHSSE) Policy.
Health, Safety, Security & Environment (QHSSE).
Objektivitas dari Kebijakan QHSSE adalah nihil The objectives of QHSSE policy are zero incident and
insiden dan risiko keamanan yang terkelola serta manageable security risks, as well as trusted quality
mutu yang terpercaya sesuai QHSSE. Selanjutnya according to QHSSE. Furthermore, these policies
kebijakan ini menjadi hal yang harus dipatuhi must be adhered to and implemented in the entire
dan dilaksanakan seluruh Asset maupun fungsi Assets and other support functions within Pertamina
pendukung lainnya di lingkungan Pertamina EP, EP, as well as business partners.
serta para mitra kerja.

LAPORAN DIREKSI
Kami juga telah memulai proyek percontohan We also have started a pilot project on the
penerapan Pertamina Drilling Way (PDW) pada implementation of Pertamina Drilling Way (PDW) at
lokasi pengeboran di Field Bunyu, Asset 5. PDW drilling sites in Bunyu Field, Asset 5. PDW was initiated
digagas oleh PT Pertamina (Persero) sebagai by PT Pertamina (Persero) as the parent company,
induk perusahaan, dan merupakan strategi untuk and a strategy for creating a standardized
menciptakan pendekatan terstandar serta best approach and best practice of end-to-end drilling
practice untuk drilling execution end-to-end. execution. The results based on an assessment by
Hasilnya berdasarkan penilaian dari Komite Drilling Drilling Committee of PT Pertamina (Persero), Bunyu
PT Pertamina (Persero), pengeboran Field Bunyu Field drilling reached a passing grade 72.27 of
dinyatakan lolos passing grade dengan perolehan minimum grade 60.
nilai 72,27 dari angka 60 sebagai batas minimal.
Sepanjang tahun 2014, Pertamina EP juga berupaya Throughout 2014, Pertamina EP also strived to meet
memenuhi tanggung jawab sosial dan lingkungan. social and environmental responsibility. This was
Hal tersebut diwujudkan antara lain melalui manifested, among others, by the implementation
pelaksanaan program corporate social responsibility of corporate social responsibility (CSR) through
(CSR) yakni pembentukan Pusat Pemberdayaan establishment of Pertamina Pertamina Community
Masyarakat Pertamina (PPMP). Keberadaan Empowerment Center (PPMP). The PPMP is an
PPMP merupakan tempat pelatihan ketrampilan entrepreneurship skills training center for the
wirausaha masyarakat di sekitar lokasi Perusahaan community around the Company’s operating sites,
berkegiatan, sesuai potensi sumber daya yang ada. according to the existing potential resources.
Komitmen Pertamina EP dalam mengelola Pertamina EP’s commitment in managing the

lingkungan, diwujudkan dalam kesertaan masing- environment was manifested in the participation
masing Lapangan pada proses penilaian PROPER of each field in 2014 PROPER assessment process
2014 oleh Kementerian Lingkungan Hidup dan by the Ministry of Environment and Forestry. The
Kehutanan. Hasil penilaian menyatakan bahwa assessment results stated the Company's own
Lapangan yang dikelola Perusahaan maupun operation and partnership fields earned, obtaining
kemitraan, memperoleh peringkat PROPER Hijau Green PROPER and Blue PROPER. The ratings
dan PROPER Biru. Peringkat tersebut menandakan indicate that the environmental management
bahwa pengelolaan lingkungan yang dilaksanakan performed by each field has complied with the
masing-masing Lapangan, telah memenuhi applicable legislation. [G4-15]
ketentuan perundang-undangan yang berlaku.
[G4-15]
Kami juga meneruskan program konservasi satwa We are also continuing conservation programs
langka dan penanaman pohon, sebagai bentuk of endangered species and tree planting, as a
dukungan pada upaya bersama mengurangi emisi support to the joint efforts of reducing greenhouse
gas rumah kaca yang pada tahun 2014 mencapai gas emissions in 2014, which reached 698,899.84
nilai 698.899,84 tonCO2eq. Total akumulasi tonCO2eq. Total accumulation emission reduction
penurunan dari tahun 2010 adalah 1.992.673,5 since 2010 was 1,992,673.5 tonCO2eq or 25.52%.
tonCO2eq atau 25,52%. Sementara di Field Subang, While in Subang Field, Asset 3, utilization of CO2
Asset 3 tengah dilakukan ujicoba pemanfaatan CO2 trials in EOR projects are underway, which could
dalam proyek EOR, yang berpotensi mendatangkan potentially generate profit for the company in the
keuntungan bagi Perusahaan berupa insentif form of carbon credit incentives. [G4-EN19]
karbon kredit. [G4-EN19]
TATA KELOLA PERUSAHAAN CORPORATE GOVERNANCE

Penerapan tata kelola perusahaan (GCG) di Good Corporate Governance (GCG) in Pertamina
Pertamina EP dilaksanakan secara bertahap, EP is implemented gradually, starting with in-depth
dimulai dengan pemahaman secara mendalam understanding by formulating basis of of work and
dengan menyusun dasar etika kerja dan bisnis business ethics that are tailored to the company's
yang disesuaikan dengan visi perusahaan, hingga vision, to people and system consolidation. Currently
konsolidasi manusia dan sistem. Saat ini Perusahaan the Company is at the third stage, ie continuous
berada pada tahap ketiga, yaitu perbaikan terus improvements to raise awareness of GCG, the
menerus dilakukan untuk peningkatan awareness development of GCG based on its principles, which
terhadap GCG, pengembangan GCG berdasarkan include internal control, whistleblowing system and
prinsip-prinsip GCG meliputi pengendalian internal, GCG assessment.
whistleblowing system dan GCG assessment.

Seiring upaya mewujudkan visi menjadi perusahaan As an effort to realize the vision of becoming a world-
kelas dunia, Pertamina EP terus meningkatkan class company, Pertamina EP continues to improve
penerapan praktik-praktik terbaik tata kelola. the application of governance best practices.
Setiap tahun kami melakukan pengembangan pada Every year we develop e-learning module of Good
modul e-learning Good Corporate Governance Corporate Governance (GCG) Compliance.
(GCG) Compliance.

LAPORAN DEWAN
Di tahun 2014 Perusahaan memberlakukan modul In 2014, the Company applied e-learning modules
e-learning GCG Compliance 2014, yang bersifat of GCG Compliance 2014, which is mandatory for all
wajib bagi seluruh pekerja Pertamina EP. Proses employees of Pertamina EP. The process of making
pembuatan dan pengembangan e-learning GCG and development of GCG Compliance e-learning
Compliance 2014 melibatkan para pekerja dari 2014 involved the employees of all Assets.
seluruh Asset.
Langkah strategis lain untuk mendorong penerapan Another strategic move to support the adoption of
praktik-praktik terbaik tata kelola, adalah best practices of governance is to apply electronic-
memberlakukan tata kelola surat menyurat dan based integrated governance of correspondence
adminstrasi terpadu berbasis elektronik atau and administration or e-Correspondence. The
e-Correspondence. Penerapan e-Correspondence implementation of e-Correspondence has the
memiliki keuntungan yakni keamanan yang terjamin advantage of guaranteed security, more efficient
dan lebih efisien serta meniadakan hambatan and to eliminate communication barriers.
komunikasi.
Sementara untuk bidang keuangan, Pertamina As for the financial sector, Pertamina EP applies PO-
EP menerapkan inovasi PO-Tax Tracking. Melalui Tax Tracking innovation. Through this innovation, the
inovasi ini, maka informasi penghitungan pajak tax calculation information will be integrated, so
akan terintegrasi informasinya, sehingga bisa they can avoid the payment that should not exist or
menghindarkan pembayaran yang seharusnya have been paid in advance.
tidak ada atau sudah terbayarkan sebelumnya.
PERUBAHAN KOMPOSISI ANGGOTA DIREKSI CHANGES IN BOARD OF DIRECTORS’

[G4-13] COMPOSITION [G4-13]
Berdasarkan Keputusan Pemegang Saham According to the Circular Resolution of Shareholders
secara sirkuler pada tanggal 10 November 2014, on November 10, 2014, the Shareholders honorably
Pemegang Saham memberhentikan dengan hormat dismissed Beni Jafilius Ibradi AD as Director of
Beni Jafilius Ibradi AD sebagai Direktur Produksi dan Production and Operation and appointed Riyanto
Operasi dan mengangkat Riyanto Suwarno sebagai Suwarno as Acting. Director of Production and
Pj. Direktur Produksi dan Operasi. Operation.
KOMPOSISI DIREKSI [G4-34]

Board of Directors’ composition
ANGGOTA DEWAN DIREKSI JABATAN GENDER PERIODE

Board of Directors’ Member Position Gender Period
20 November 2013 – 31 Desember 2014
Adriansyah Presiden Direktur President Director Pria Male
November 20, 2013 - December 31, 2014
Direktur Eksplorasi dan Penemuan Cadangan
Baru 10 Mei 2011 – 31 Desember 2014
Doddy Priambodo Pria Male
Exploration and New Discovery May 10, 2011 - December 31, 2014
Project Director
PJ. Direktur Produksi dan Operasi 10 November 2014 – 31 Desember 2014
Riyanto Suwarno Pria Male
Acting Production and Operation Director November 10, 2014 - December 31, 2014
Direktur Produksi dan Operasi 20 September 2013 – 9 November 2014
Beni Jafilius Ibradi AD Pria Male
Production and Operation Director September 20, 2013 - November 9, 2014
Direktur Pengembangan 20 September 2013 – 31 Desember 2014
Satoto Agustono Pria Male
Development Director September 20, 2013 - November 9, 2014
Direktur Keuangan dan Pendukung Bisnis Wanita 23 Februari 2012 – 31 Desember 2014
Lukitaningsih
Finance & Business Support Director Female February 23, 2012 - December 31, 2014

PROFIL DIREKSI
Board of Directors Profile
ADRIANSYAH
President Director
SATOTO AGUSTONO
Development Director
pada tahun 1988 dan mendapat mandat
sebagai Presiden Direktur PT Pertamina EP
pada 20 November 2013. Mengawali karir di PT Pertamina (Persero)
Meraih gelar Sarjana dan Magister Teknik pada tahun 1989 dan bergabung di
Geosifisika dari Institut Tekhnologi Bandung PT Pertamina EP tahun 2005. Menjabat
dan PhD di bidang Geoscience dari sebagaiDirektur Pengembangan sejak
University of Texas. Adriansyah aktif terlibat September 2013.
dalam kegiatan asosiasi IAGI, dan HAGI. DODDY PRIAMBODO
Exploration and New Discovery
Pada tahun 2011 menjadi SVP Upstream Mesin Universitas Trisakti Jakarta (1988)
Project Director dan Magister Manajemen Universitas
Business Development, dan bulan Mei
2013 beliau bergabung dengan Pertamina DR.Soetomo Surabaya (2003).
Geothermal Energy sebagai Direktur Utama Mengawali karir di PT Pertamina (Persero) Sebelumnya pada Februari 2009
pada tahun 1989 dan bergabung di PT dilantik sebagai General Manager UBEP
Pertamina EP tahun 2005. Menjabatsebagai Sangasanga & Tarakan PT Pertamina EP.
He started his career at PT Pertamina Direktur Eksplorasi dan Penemuan Pada Maret 2011 dilantik sebagai General
(Persero) in 1988 and has been mandated Cadangan Baru sejak tanggal 10 Mei 2011. Manager Region KTI (sekarang Asset 5).
as President Director of PT Pertamina EP on Memperoleh gelar Sarjana Teknik Geologi
November 20, 2013. di Universitas GajahMada (1988) dan
He earned Bachelor and Master of meraih gelar Master Geologi (2003) di He started his career at PT Pertamina
Geophysics Engineering from Bandung Institut Teknologi Bandung. (Persero) in 1989 and joined PT Pertamina
Institute of Technology and PhD of Geo- EP in 2005. Serving as Development Director
Sebelumnya menjabat sebagai Vice since September 2013.
science from University of Texas. Adriansyah President Area Asia & South America di PT
is actively involved in the activities of IAGI Pertamina Hulu Energi Earned a Bachelor of Mechanical
and HAGI associations. Engineering from Trisakti University, Jakarta,
In 2011 he was appointed SVP of Upstream in 1988 and Master of Management from
Business Development, and in May 2013 he He started his career at PT Pertamina DR. Soetomo University, Surabaya (2003).
joined Pertamina Geothermal Energy as (Persero) in 1989 and joined PT Pertamina Previously, he was appointed General
President Director EP in 2005. Serving as Exploration and New Manager of UBEP Sangasanga & Tarakan
Discovery Project Director since May 10, at PT Pertamina EP in February 2009. In
2011. March 2011, he was inaugurated as General
Earned a Bachelor of Geological Manager of EIR (now Asset 5).
Engineering from Gajah Mada University
(1988) and Master of Geology from
Bandung Institute of Technology (2003).
Previously, he served as Vice President of
Asia & South America Area at PT Pertamina
Hulu Energi

LAPORAN DEWAN
LUKITANINGSIH
Finance & Business Support Director

RIYANTO SUWARNO pada tahun 1983 dan bergabung di
PJ. Production & Operation Director PT Pertamina EP tahun 2008. Menjabat
sebagai Direktur Keuangan pada 23
Februari 2012.
pada tahun 1989 dan menjabat sebagai Memperoleh gelar Sarjana Ekonomi
Direktur Produksi dan Operasi pada 10 Akuntansi Universitas Gajah Mada (1983)
November 2014. dan Magister Manajemen di bidang
Ekonomi dari Universitas Gajah Mada
Memperoleh gelar Sarjana Geologi (1998).
dari Universitas Padjajaran, Bandung di
tahun 1985. Aktif mengikuti berbagai Sebelumnya pada tahun 2003, ditugaskan
pelatihan antara lain Basic Fundamentals di Direktorat Keuangan Pertamina sebagai
of Development Geology, Analisa Investasi Manajer Pengadaan Valas dan Hutang
Kasus Minyak Bumi for Eksekutif, dan Jangka Panjang.
Keekonomian Usaha Upstream Industri
Migas.
She started her career at PT Pertamina
He started his career at PT Pertamina EP in 2008. Serving as Finance Director
(Persero) in 1989 and serving as Production since February 23, 2012.
and Operations Director since November
10, 2014. Earned a Bachelor of Accounting from
Gajah Mada University (1983) and Master of
Earned a Bachelor of Geology from Management from Gajah Mada University
Padjajaran University, Bandung, in 1985. (1998).
He actively participated in various training
programs such as Basic Fundamentals of Previously in 2003, she was assigned at
Development Geology, Oil Case Investment Finance Directorate of Pertamina as Foreign
Analysis for Executives, and the Economy of Exchange Procurement and Long term Debt
Oil & Gas Upstream Industry. Manager.

PERNYATAAN TANGGUNG JAWAB
ATAS LAPORAN TAHUNAN
TERINTEGRASI 2014 [G4-48]
Statement of Responsibility for 2014 Integrated Annual Report
Kami yang bertanda tangan di bawah ini, We, the undersigned acknowledge that all
menyatakan bahwa semua informasi dalam information contained in 2014 Integrated Annual
Laporan Tahunan Terintegrasi PT Pertamina EP tahun Report of PT Pertamina EP is completely correct
2014 telah dimuat secara lengkap dan bertanggung and take a full responsibility of the validity of this
jawab penuh atas kebenaran isi Laporan Tahunan Integrated Annual Report. This statement is made
Terintegrasi ini. Demikian pernyataan ini dibuat truthfully.
dengan sebenarnya.
DEWAN KOMISARIS
Board of Commissioners
MUHAMAD HUSEN M. AFDAL BAHAUDIN

Komisaris Utama Komisaris
President Commissioners Commissioner
01 Agustus 2009 - 31 Desember 2014 12 Juli 2010 - 31 Desember 2014
01 August 2009 - 31 December 2014 12 July 2010 - 31 December 2014
DENNY INDRAYANA ANNY RATNAWATI EDDY MULYADI SOEPARDI

Komisaris Komisaris Komisaris
Commissioner Commissioner Commissioner
4 Maret 2014 - 31 Desember 2014 26 November 2014 - 31 Desember 2014 4 Maret 2014 – 31 Oktober 2014
4 March 2014 - 31 December 2014 26 November 2014 - 31 December 2014 4 March 2014 - 31 October 2014

LAPORAN DEWAN
DEWAN DIREKSI
Board of Directors
ADRIANSYAH DODDY PRIAMBODO

Presiden Direktur Direktur Eksplorasi dan Penemuan Cadangan Baru
President Director Exploration and New Discovery Project Director
20 November 2013 - 31 Desember 2014 10 Mei 2011 - 31 Desember 2014
20 November 2013 - 31 December 2014 10 May 2011 - 31 December 2014
RIYANTO SUWARNO LUKITANINGSIH

PJ. Direktur Produksi dan Operasi Direktur Keuangan dan Pendukung Bisnis
PJ. Production & Operation Director Finance & Business Support Director
10 November 2014- 31 Desember 2014 23 Februari 2012 - 31 Desember 2014
10 November 2014 - 31 December 2014 23 February 2012 - 31 December 2014
SATOTO AGUSTONO BENI JAFILIUS IBRADI AD

Direktur Pengembangan Direktur Produksi dan Operasi
Development Director Production & Operation Director
20 September 2013 - 31 Desember 2014 20 September 2013 - 10 November 2014
20 September 2013 - 31 December 2014 20 September 2013 - 10 November 2014

ANALISIS DAN
PEMBAHASAN MANAJEMEN
Management's Discussion and Analysis

2,181 BOPD
Realisasi Produksi
Pertamina EP menjaga laju penurunan produksi alamiah melalui
pembenahan surface facility, perawatan sumur dan memaksimalkan proyek
pengurasan lanjut atau Enhanced Oil Recovery (EOR)
Proyek EOR
Pertamina EP maintains natural decline rate through improvement of surface
Production Realization
facility, well services and Enhanced Oil Recovery (EOR) maximization
of EOR Project
ANALISIS & PEMBAHASAN

MANAJEMEN

ANALISIS DAN PEMBAHASAN
MANAJEMEN
TINJAUAN INDUSTRI
Industrial Review
PEREKONOMIAN INDONESIA 2014 INDONESIA'S ECONOMY IN 2014

DAN PROSPEK KE DEPAN AND FUTURE PROSPECTS
Sepanjang tahun 2014, perekonomian Indonesia Throughout 2014, the Indonesian economy
mengalami perlambatan, ditandai dengan experienced a slowdown, marked by a decline
menurunnya pertumbuhan ekonomi nasional. Data in national economic growth. Central Bureau of
Badan Pusat Statistik (BPS) menyebutkan realisasi Statistics (BPS) recorded the Indonesian economic
pertumbuhan ekonomi Indonesia tahun 2014 growth in 2014 was at 5.1 percent, below the
sebesar 5,1 persen, lebih rendah dibandingkan prediction at 5.3 percent. The condition was due
dengan prediksi yang sebesar 5,3 persen. Kondisi to the slowdown of national investment recovery
tersebut dipengaruhi oleh lambatnya pemulihan after General Election 2014, while export market
investasi nasional setelah pelaksanaan Pemilihan was in uncertain condition. Moreover, the economic
Umum (Pemilu) 2014, sementara pasar ekspor slowdown in the major countries of Southeast Asia,
berada dalam kondisi tidak menentu. Selain itu, including the Philippines, Singapore, and Thailand,
melemahnya ekonomi beberapa negara besar di also affected Indonesian economic condition. On
Asia Tenggara, termasuk Filipina, Singapura, dan the other hand, the fuel price hike also provided
Thailand, turut mempengaruhi kondisi ekonomi national inflation increase expectation.
Indonesia. Di sisi lain, kenaikan harga bahan bakar
(BBM) juga memberikan ekspektasi peningkatan
inflasi nasional.
Meskipun demikian, perlambatan perekonomian Nevertheless, the Indonesian economy slowdown is

Indonesia diperkirakan tidak akan berlanjut pada not expected to continue in 2015. The World Bank
tahun 2015. Bank Dunia memperkirakan bahwa estimates that spending of Indonesian domestic
pembelanjaan pasar domestik Indonesia dan market and robust investment climate will be able to
kuatnya iklim investasi akan mampu menopang sustain growth in the following year. This is in line with
pertumbuhan di tahun depan. Hal ini senada the predictions of Bank Indonesia, which considered
dengan prediksi Bank Indonesia, yang menilai bahwa that government spending and private investment
pengeluaran pemerintah dan investasi swasta are the key of economic growth next year. Bank
menjadi kunci pertumbuhan ekonomi tahun depan. Indonesia forecasts the economic growth began to
Bank Indonesia memperkirakan pertumbuhan increase in the first quarter of 2015 and reached 5.4
ekonomi mulai meningkat pada kuartal I/2015 dan to 5.8 percent throughout 2015.
mencapai 5,4-5,8 persen untuk sepanjang 2015.

MANAJEMEN
INFLASI INFLATION
Tingkat inflasi sepanjang tahun 2014 mencapai The inflation rate during 2014 reached 8.36 percent,
sebesar 8,36 persen, atau lebih tinggi dari target or higher than the inflation target in 2014 Revised
inflasi dalam APBNP Tahun 2014 yang sebesar 5,3 State Budget of 5.3 percent. It is influenced by the
persen. Hal tersebut dipengaruhi oleh kenaikan increase in the price of oil fuel (BBM) in November
harga Bahan Bakar Minyak (BBM) bersubsidi pada 2014 and the increase in the price of imported
November 2014 dan peningkatan harga barang goods due to the weakening of the rupiah.
impor akibat pelemahan nilai tukar Rupiah.
NILAI TUKAR MATA UANG CURRENCY EXCHANGE RATE

Di akhir tahun 2014, nilai tukar Rupiah mengalami At the end of 2014, the rupiah weakened against
pelemahan terhadap USD dan sempat dinyatakan the US dollar and was declared to be below the
berada di bawah tingkat harga keseimbangan market equilibrium price level or undervalued at
pasar atau undervalued dalam titik terendah yaitu the lowest point of IDR 12,900. The weakening
Rp12.900. Pelemahan nilai tukar Rupiah tersebut of rupiah was caused by internal and external
dipengaruhi oleh kondisi internal dan eksternal. conditions. Internally, the high demand for US dollar
Di lingkup internal, tingginya permintaan dalam triggered the weakening rupiah, which was caused
USD menjadi pemicu melemahnya Rupiah, yang by a number of domestic companies who pay their
disebabkan oleh banyaknya perusahaan dalam debts in US dollar. On the other hand, the dynamic
negeri yang membayar utang dalam bentuk USD. world economy development due to the global fund
Di sisi lain, perkembangan ekonomi dunia yang withdrawal from developing countries, also affected
dinamis akibat ditariknya dana global dari negara- the value of rupiah.
negara berkembang juga turut mempengaruhi nilai
tukar Rupiah.
Pemerintah mengungkapkan bahwa dampak The Government revealed that the impact of the
pelemahan kurs rupiah terhadap dolar baru weakening of rupiah against dollar would only be
akan terlihat dalam Anggaran Pendapatan seen in the 2015 State Budget.
dan Belanja Negara (APBN) Tahun 2015.
Pada tahun 2015, tantangan global diprediksi masih In 2015, it is predicted that there will remain global
akan dihadapi. Potensi penguatan USD masih akan challenges. The strengthening of US dollar potentially
tetap berlanjut. Namun, nilai tukar Rupiah diprediksi will continue. However, rupiah rate is expected
akan membaik sebagai akibat fundamental to improve as a result of Indonesia's economic
ekonomi Indonesia yang semakin baik. fundamentals that are getting better.

ANALISIS DAN PEMBAHASAN MANAJEMEN
Management's Discussion & Analysis
INDUSTRI MIGAS NASIONAL NATIONAL OIL & GAS INDUSTRY

Data Satuan Kerja Khusus Pelaksana Usaha Hulu Data from Special Task Force for Upstream Oil and
Minyak dan Gas Bumi (SKK Migas) menyebutkan Gas Business Activities (SKK Migas) showed that
bahwa produksi minyak hingga Desember 2014 oil production up to December 2014 only reached
hanya mencapai 794.000 barel per hari (BPH), lebih 794,000 barrels per day (BPD), lower than the
rendah dibandingkan target yang tercantum dalam target set in the 2014 Revised State Budget which
Anggaran Pendapatan Belanja Negara-Perubahan amounted to 818,000 BPD. Indonesia's natural gas
2014 (APBN-P) yang sebesar 818.000 BPH. Angka production in 2014 reached 1,218 million cubic feet
produksi gas bumi Indonesia tahun 2014 mencapai per day (MMSCFD) or below the target in the 2014
1.218 juta kaki kubik per hari (MMSCFD) atau masih Revised State Budget (APBN-P) amounted to 1,224
di bawah target APBN-P 2014 yang sebesar 1.224 MMSCFD.
MMSCFD.
PRODUKSI MIGAS NASIONAL

National Oil and Gas Production
REALISASI PENERIMAAN
REALISASI PRODUKSI REALISASI PRODUKSI MIGAS TERHADAP
MINYAK NASIONAL GAS NASIONAL APBN-P2014
794,000BOPD 1,218MMCFD 103%

Realization of Realization of Realization of Oil and Gas
national oil production national gas production Revenue of 2014
Revised State Budget
Salah satu kendala utama dalam pencapaian kinerja One of the major obstacles in performance
industri migas adalah masalah perizinan, baik di achievement of oil & gas industry is licensing, both
hulu maupun di hilir. Untuk menghadapi hal tersebut, upstream and downstream. To address this, the
mulai tahun 2014, Pemerintah Indonesia melakukan Government of Indonesia in 2014 reformed the
pembenahan dalam hal perizinan usaha hulu upstream oil & gas licensing. SKK Migas revealed
minyak dan gas bumi. SKK Migas mengungkapkan that it had streamlined the oil & gas licensing
target produksi migas memangkas perizinan terkait process, from the previous 289 to only 69 forms of
minyak dan gas bumi, dari sebelumnya 289 bentuk licenses.
perizinan menjadi hanya 69 perizinan.
Di sisi lain, pencapaian realisasi penerimaan Migas On the other hand, the realization of oil & gas
(PPh, SDA dan PNBP lainnya) hingga 31 Desember revenues (income tax, natural resources and other
2014 adalah sebesar Rp320,254 triliun atau 103% non-tax revenues) up to December 31, 2014 was IDR
dari target APBN-P 2014 sebesar Rp309,933 triliun. 320.254 trillion, or 103% of the 2014 Revised State
Budget (APBN-P) target of IDR 309.933 trillion.
Di tahun 2015, Indonesian Petroleum Association In 2015, Indonesian Petroleum Association (IPA)
(IPA) memprediksi tidak tercapainya target produksi predicted there would remain the shortfall of oil &
migas masih akan terjadi. IPA memperkirakan gas production target. IPA estimated that next year's
realisasi produksi minyak nasional tahun depan national oil production would be at 845,000 barrels
berada di angka 845 ribu barel per hari (BPH), di per day (BPD), below the oil lifting target set in the
bawah target lifting minyak yang dicantumkan 2015 State Budget (APBN) at 900,000 BPD.
dalam Anggaran Pendapatan dan Belanja Negara
(APBN) 2015 sebesar 900 ribu BPH.

Tantangan Industri Migas
Pada tanggal 22 Mei 2014 Konferensi

Indonesia Petroleum Association (IPA) yang ke
38, menyampaikan tantangan industri migas
terkait dengan struktur geologi yang semakin
kompleks dan membuat jumlah penemuan
migas semakin berkurang. Jarak antara Oil & Gas Industry Challenges
permintaan dan pasokan migas semakin
melebar dan hal ini dapat mengancam On May 22, 2014, the 38th Conference of Indonesian
perekonomian Indonesia. Di tahun 2025, Petroleum Association (IPA) revealed oil & gas industry
diperkirakan perbedaan ini melebihi 2 juta BOE challenges due to geological structures that became
per hari. increasingly complex and decreasing the number of oil & gas
discoveries. The widening gap between demand and supply
Melihat kondisi ini, Pertamina EP berupaya of oil & gas could threaten Indonesia’s economy. In 2025, the

difference was estimated to exceed 2 million BOE per day.
memanfaatkan teknologi dan sumber daya
manusia yang kompeten untuk mencari
MANAJEMEN
Seeing this condition, Pertamina EP strives to utilize technology
cadangan minyak baru. Selain itu, Pertamina and competent human resources to find new oil reserves.
EP juga aktif memberikan saran bagi para In addition, Pertamina EP has also been active in providing
regulator agar mereka mampu menyusun advice to regulators so that they are able to draw up effective
regulasi yang tepat sasaran dan memberikan regulations and provide security for the oil & gas industry
rasa aman bagi pelaksana industri migas. players.
PROYEKSI ENERGI KE DEPAN ENERGY FORWARD PROJECTION AND ASEAN

DAN MASYARAKAT EKONOMI ASEAN ECONOMIC COMMUNITY
Penunjukan direksi baru PT Pertamina (Persero) The appointment of new directors of PT Pertamina
memberikan arah prioritas kerja Pertamina EP, (Persero) has set a direction of Pertamina EP’s
yaitu penciptaan dan peningkatan nilai tambah priority of works, which are the creation and
perusahaan, efisiensi dalam proses produksi enhancement of the company’s added value,
ataupun bisnis, serta peningkatan transparansi efficiency in production processes or business, as
bisnis. Dalam upaya mencapai target kinerja, well as increased business transparency. In an effort
Pertamina EP menetapkan proyeksi ke depan dalam to achieve performance targets, Pertamina EP
eksplorasi, eksploitasi, dan komersialitas. established forward projections in the exploration,
exploitation, and commerciality.
The Global Competitiveness Report 2014-2015 The Global Competitiveness Report 2014-2015
menyebutkan posisi daya saing Indonesia berada di revealed that Indonesia's competitiveness ranked
level 34, meningkat empat level dibandingkan posisi 34th, an increase by four levels compared to the
tahun sebelumnya yang berada di level 38. Hal ini previous year which was at 38. This becomes
memberikan modal penting bagi Indonesia untuk an important asset for Indonesia to face the
menghadapi diterapkannya kerja sama Masyarakat implementation of the ASEAN Economic Community
Ekonomi ASEAN (MEA) akhir 2015. Pemberlakuan (AEC) by the end of 2015. Implementation of AEC
MEA akan memberikan peluang sekaligus tantangan provides opportunity and challenge to Pertamina EP.
bagi Pertamina EP.

ANALISIS DAN
TINJAUAN OPERASI
Operational Review
Pertamina EP mengelola industri hulu minyak dan PT Pertamina EP operates upstream oil and gas
gas (migas), dengan tiga kegiatan utama, yakni: industry (oil & gas), with three main activities, namely:
1. Kegiatan ekploitasi, terbagi menjadi segmen 1. Exploitation activities, divided into segments of
Realisasi Temuan minyak mentah dan segmen gas bumi; crude oil and natural gas;
Cadangan (2P) RR 2. Kegiatan eksplorasi serta pengembangan untuk 2. Exploration activities and development to
mendapatkan cadangan baru dan menunjang find new reserves and support the production
179MBOE
Realization of (2P) RR
kesinambungan produksi;
3. Kegiatan komersialitas.
continuity;
3. Commerciality activities.
Reserves Discovery
Proses bisnis Pertamina EP mengintegrasikan tiga Pertamina EP’s business process integrates the
aktivitas tersebut untuk meraih kinerja dan hasil three activities to achieve optimal performance and
yang optimal. results.
Realisasi Produksi PROSES BISNIS PERTAMINA EP

Setara Minyak Business Process of Pertamina EP
296MBOEPD
Realization of Oil
01 EKSPLORASI
Exploration
02 EKSPLOITASI
Exploitation
03 KOMERSIALITAS
Commerciality
Equivalent Production
• Regional Studies • Integrated Activity Planning • Oil and Gas Marketing
• Lead to Prospect Studies • Studies (POS, FEED, EOR, etc) • Oil and Gas Sales
• Post Drill Evaluation • Production Planning • Lifting Coordination
• Land & Acquisition Permit • Survey & Seismic Acquisition
• Wells Planning, Execution &
Delivery (Drilling)
• Well Workovers, Well Services
• Pilot Test/Early Prod. System
• Development Execution
• EOR Operations Management
• O&M Production System

MANAJEMEN
KEGIATAN INVESTASI INVESTMENT ACTIVITIES
Secara umum kondisi industri minyak dan In general, the condition of the oil and gas industry
gas (migas) di sektor hulu dihadapkan pada (oil & gas) in the upstream sector is faced with the
pertumbuhan investasi nasional, sebagai dampak national investment growth, as a result of global
dari pertumbuhan investasi global. Nilai investasi investment growth. The value of upstream oil & gas
hulu migas di Indonesia menurut PT Pertamina investment in Indonesia by PT Pertamina (Persero),
(Persero), meningkat rata-rata 13,57 persen per has been increasing by average of 13.57 percent per
tahun dalam beberapa tahun terakhir. year in recent years.
Sebagai perusahaan migas nasional di sektor hulu, As the national oil & gas company in the upstream
Pertamina EP melakukan meningkatkan investasi sector, Pertamina EP increases investments aimed
yang ditujukan untuk pengembangan produksi dan at expanding the production and exploration. Total
eksplorasi. Total investasi tahun 2014 mencapai investment in 2014 reached USD989 million, an
USD989 juta, menurun dibanding tahun 2013 increase compared to USD1,118 million in 2013.
sebesar USD1.118 juta.
KEGIATAN OPERASI PRODUKSI PRODUCTION OPERATING ACTIVITIES

Realisasi produksi minyak mentah Pertamina EP Realization of Pertamina EP's crude oil production in
pada tahun 2014 mencapai 117.030 BOPD, menurun 2014 reached 117,030 BOPD, decreased compared
dibandingkan produksi tahun 2013 yang sebesar to production in 2013 at 121,000 BOPD. Meanwhile,
121.000 BOPD. Sementara, realisasi produksi gas the realization of natural gas production in 2014
bumi pada tahun 2014 mencapai 1.044 MMSCFD, reached 1,044 MMSCFD, down compared to 1,072
turun dibandingkan tahun 2013 yang sebesar 1.072 MMSCFD in 2013.
MMSCFD.
Cadangan minyak mentah terbukti pada tahun Proven reserves of crude oil in 2014 increased to
2014 menjadi 1.351.273 MSTB, naik dari 1.166.994 1,351,273 MSTB from 1,166,994 MSTB in 2013.
MSTB pada tahun 2013.

SEGMEN MINYAK MENTAH

Crude Oil Segment
REALISASI PRODUKSI 2014 DAN TARGET 2014 PRODUCTION REALIZATION AND 2015
PRODUKSI 2015 PRODUCTION TARGET
Produksi minyak mentah Pertamina EP diperoleh Pertamina EP’s crude oil production derives from
dari Lapangan yang dioperasikan sendiri maupun own operation or partnership fields. The entire crude
kemitraan. Seluruh minyak mentah yang diproduksi oil production is sold to PT Pertamina (Persero) to
dijual kepada PT Pertamina (Persero) untuk meet the needs of its processing units. [G4-8]
memenuhi kebutuhan unit pengolahan mereka.
[G4-8]
Realisasi produksi minyak mentah tahun 2014 Realization of crude oil production in 2014 was
adalah 117.030 barrel oil per day (BOPD), atau 117,030 barrels of oil per day (BOPD), or 91% of the
91% dari target Rencana Kerja dan Anggaran Corporate Work Plan and Budget (RKAP) target in
Perusahaan (RKAP) 2014 sebanyak 128.000 BOPD. 2014 at 128,000 BOPD. The biggest contribution to
Kontribusi produksi terbesar didapat dari Asset 4 production was from Asset 4 of 24,146 BOPD or 21%
sebesar 24.146 BOPD atau 21% dari total produksi of total crude oil production in 2014.
minyak mentah tahun 2014.
Target produksi minyak mentah tahun 2015 Crude oil production target in 2015 is determined
berdasarkan penetapan PT Pertamina (Persero) by PT Pertamina (Persero) as shareholder and RKAP
selaku pemegang saham dan RKAP 2015 adalah 2015 at 115,100 BOPD. Thus, there was a decrease
115.100 BOPD. Dengan demikian terjadi penurunan in oil production target compared to the 2014
target produksi minyak dibandingkan target production target.
produksi tahun 2014.
REALISASI PRODUKSI MINYAK 2014 DAN TARGET PRODUKSI 2015

Oil Production Realization in 2014 and 2015 Production Target
Pemenuhan RKAP
Produksi minyak Produksi (BOPD)
URAIAN Production (BOPD)
Description
2013 2014 2015
91% Realisasi Realization Realisasi Realization RKAP % RKAP

Jumlah operasi sendiri Total Own Operation 101,736 99,925 111,271 90% 100,857
Jumlah kemitraan Total partnership 18,851 17,105 16,729 102% 14,243
PRODUKSI PERTAMINA EP Pertamina EP Production

Oil production fulfillment of
Corporate Work Plan and Budget Jumlah Produksi Pertamina EP
120,588 117,030 128,000 91% 115,100
('RKAP') Total Pertamina EP Production

PENINGKATAN PRODUKSI MINYAK MENTAH CRUDE OIL PRODUCTION INCREASE
Sepanjang tahun 2014 kami terus berupaya Throughout 2014, we continued the efforts to
menambah volume produksi, dengan mempercepat increase the volume of production by accelerating
penemuan dan produksi cadangan minyak mentah the discovery and production of crude oil reserves
potensial. Upaya yang dilakukan antara lain potential. The efforts include applying stratigraphic
menerapkan pola stratigrafi (stratigraphic play), play, which is considered an innovation because the
yang merupakan inovasi karena lazimnya digunakan approach commonly used was structural play.
pendekatan pola structural (structural play).
Cara ini terbukti pada Sumur Jati Asri-01, Field This method was proven in Jati Asri-01 Well, Subang
Subang di area Asset 3, yang sukses menambah Field Asset 3 area, which successfully increased
produksi minyak mentah setelah berhasil crude oil production after having managed to
diproduksikan dari zona DST#3 pada lapisan TAF produce DST#3 zone in layer TAF (interval 2776-
(interval 2776-2782 m) sebesar 642 BOPD dan 2782 m) of 642 BOPD and chanelled into the flow

dialirkan ke flow line yang dihubungkan ke fasilitas line connected to existing production facilities of
produksi eksisting trunk line Cilamaya - Balongan. Cilamaya - Balongan trunk line.
MANAJEMEN
Pertamina EP mengoptimalkan pula produksi minyak Pertamina EP also optimized crude oil production
mentah dari proyek pengurasan lapisan lanjut atau from the enhanced oil recovery (EOR) project in the
enhanced oil recovery (EOR) pada Lapangan yang fields that have entered the secondary recovery and
sudah memasuki pengurasan lapisan sekunder tertiary recovery. In 2014, oil production from EOR
(secondary recovery) maupun lapisan tersier (tertiery project reached 2,181 BOPD, or 67% of the target
recovery). Pada tahun 2014 produksi minyak dari 3,260 BOPD.
proyek EOR mencapai 2.181 BOPD, atau 67% dari
target 3.260 BOPD.
REALISASI PRODUKSI MINYAK EOR 2014 DAN TARGET PRODUKSI 2015 (BOPD)
EOR Oil Production Realization in 2014 and 2015 Production Target
URAIAN 2014 2015

Description Realisasi Realization Sasaran Target % Sasaran Target
Jumlah Operasi Sendiri Total Own Operation 2,181 3,255 67% 2,378

PENGEMBANGAN LAPANGAN OFFSHORE OFFSHORE FIELD DEVELOPMENT

Pada tahun 2014 Pertamina EP menindaklanjuti In 2014 Pertamina EP followed up the termination of
terminasi kemitraan Technical Assistant Contract the partnership Technical Assistant Contract (TAC)
(TAC) Blok Glagah, Kambuna, Sumatra Utara Glagah Block, Kambuna, North Sumatra with the
dengan pengembangan eksplorasi lepas pantai offshore exploration development. The first drilling of
(off shore). Pemboran pertama di Blok Glagah Glagah Block is planned in 2016, and we currently
direncanakan tahun 2016, dan saat ini kami terus continue to make preparations.
melakukan berbagai persiapan.
Pengembangan eksplorasi off shore terbilang baru Offshore exploration development is relatively new
bagi Pertamina EP. Namun kami telah memiliki to Pertamina EP. However we have had experience
pengalaman mengelola Lapangan lepas pantai, in operating offshore fields, such as X-Ray Field in
yakni Lapangan X-Ray di Indramayu dengan Indramayu with production in 2014 amounted to
produksi tahun 2014 sebesar 1.351 BOPD. Lapangan 1,351 BOPD. Another field is Poleng in Madura Block
lain adalah Poleng di Blok Madura dengan produksi with production in 2014 at 2,320 BOPD.
tahun 2014 sebanyak 2.320 BOPD.
CADANGAN MINYAK TERBUKTI PROVEN OIL RESERVES

Guna menjaga kesinambungan produksi minyak In order to maintain continuity of crude oil production
mentah dan memastikan terjaganya ketahanan and ensure the preservation of national energy
energi nasional, Pertamina EP sebagai bagian dari security, Pertamina EP as part of PT Pertamina
PT Pertamina (Persero), terus melakukan pencarian (Persero), continues the search and the discovery of
dan penemuan cadangan minyak mentah. crude oil reserves.
Beberapa upaya menemukan dan mendapatkan Some efforts to discover and recover new reserves of
cadangan baru minyak mentah selama 2014 telah crude oil during 2014 have paid off, which increased
membuahkan hasil, sehingga cadangan minyak the Company’s proven crude oil reserves. A total of
mentah terbukti yang dimiliki Perusahaan menjadi 184,279 MSTB of new oil reserves were discovered in
meningkat. Total ada 184.279 MSTB cadangan 2014. Thus, by the end of the reporting period the
minyak baru yang ditemukan tahun 2014. Dengan amount of Pertamina EP’s proven oil reserves was
demikian hingga akhir periode pelaporan besaran 1,351,273.47 MSTB, increased from 1,166,994 MSTB
cadangan minyak terbukti yang dimiliki Pertamina in 2013.
EP adalah 1.351.273,47 MSTB, bertambah dibanding
tahun 2013 sebesar 1.166.994 MSTB.
CADANGAN MINYAK TERBUKTI [OG1]

Proven Oil Reserves
CADANGAN TERBUKTI (MSTB) Proven Oil Reserves (MSTB)

AREA OPERASI
Operation Area 2012 2013 2014
LAPANGAN Field
Asset 1 217,317 183,626.74
Asset 2 236,261 234,083.66
Asset 3 742,128 189,654 282,893.69
Asset 4 32,967 62,671.74
Asset 5 117,902 139,334.67
Proyek Pengembangan Development Project 103,261 5,300 828.82
TAC 190,865 164,255 115,627.34
KSO 69,085 203,918 300,009.83
Jumlah Cadangan Terbukti Pertamina EP
1,105,339 1,167,574 1,319,076.49
Total Pertamina EP Proven Reserves

MANAJEMEN
DENGAN TARGET PRODUKSI YANG

TERUS BERTAMBAH, PENGEMBANGAN
LAPANGAN OFFSHORE DIMAKSIMALKAN
AGAR RASIO RESERVE TO PRODUCTION
TETAP TERJAGA
With growing production targets, the

development of offshore fields is maximized
in order to maintain reserve to production
ratio

SEGMEN GAS BUMI

Natural Gas Segment
Gas bumi yang diproduksi berasal dari sumur gas Natural gas is produced from gas wells in the working
pada wilayah kerja Pertamina EP, baik di area area of Pertamina EP, both in the own operation and
operasi sendiri maupun kemitraan. Seluruh produksi partnership areas. The entire production of natural
gas bumi dijual untuk kebutuhan domestik. Sebagian gas is sold for domestic needs. Some of the gas
gas bumi yang diproduksi disalurkan langsung production is distributed directly to consumers, and
kepada konsumen, dan sebagian lagi disalurkan some other is channeled through PT Pertagas to be
melalui PT Pertagas untuk selanjutnya didistribusikan distributed to consumers.
kepada konsumen.
REALISASI PRODUKSI 2014 PRODUCTION REALIZATION IN 2014

DAN TARGET PRODUKSI 2015 AND 2015 PRODUCTION TARGET
Realisasi produksi gas bumi tahun 2014 adalah Realized natural gas production in 2014 was 1,044
1.044 MMSCFD, atau 97% dari target RKAP 2014 MMSCFD, or 97% of the 2014 RKAP target at 1,072
sebesar 1.072 MMSCFD. Kontribusi terbesar didapat MMSCFD. The largest contribution was from Asset 2
dari Asset 2 sebanyak 456 MMSCFD, yang mencapai of 456 MMSCFD, which reached 43% of total natural
43% dari total produksi gas bumi tahun 2014. gas production in 2014.
Adapun untuk target produksi gas tahun 2015 Meanwhile the 2015 gas production target based
berdasarkan penetapan RKAP 2015, adalah 1.052 on 2015 RKAP is 1,052 MMSCFD. Thus there was a
MMSCFD. Dengan demikian terjadi penurunan decline in gas production target by 1.8% compared
target produksi gas sebesar 1,8% dibandingkan to 2014.
tahun 2014.
REALISASI PRODUKSI GAS 2014 DAN TARGET PRODUKSI 2015

Gas Production Realization in 2014 and 2015 Production Target
Produksi (MMSCFD)
URAIAN Production (MMSCFD)
Description
2013 2014 2015
Realisasi Realization Realisasi Realization RKAP % RKAP
Jumlah operasi sendiri Total Own Operation 992 1,019 1,054 97 1,034
Jumlah kemitraan Total partnership 38.43 26 18 144 18
PRODUKSI PERTAMINA EP Pertamina EP Production

Jumlah Produksi Pertamina EP
1,031 1,044 1,072 97 1,052
Total Pertamina EP Production

PENINGKATAN PRODUKSI GAS BUMI NATURAL GAS PRODUCTION INCREASE
Meski dihadapkan pada berbagai kendala, Although faced with many obstacles, Pertamina
Pertamina EP senantiasa berusaha memenuhi EP always strives to meet natural gas production
target produksi gas bumi yang telah ditetapkan target set by shareholders. During 2014 some of our
pemegang saham. Selama tahun 2014 beberapa efforts in order to achieve the target of natural gas
upaya yang kami lakukan dalam rangka mencapai production has borne fruit.
target produksi gas bumi telah membuahkan hasil.
Di antaranya Proyek Pengembangan Gas Matindok Among others was Matindok Gas Development
(PPGM) di Blok Matindok. Melalui proses stimulasi Project (PPGM) in Matindok Block. Through the
(acid job) yang pertama kali dilakukan di lingkungan stimulation process (acid job), which was the first
Perusahaan, dipastikan sumur eksplorasi yang ada to be performed in the Company, the existing
telah dapat memproduksi gas bumi. Selanjutnya exploration wells were ascertained to have been
gas bumi yang diproduksi akan dimanfaatkan able to produce gas. The natural gas produced then
untuk memenuhi komitmen pasokan gas ke pembeli will be used to meet the gas supply commitment to
pada awal tahun 2016, dengan volume dari central the buyers at the beginning of 2016, with the volume
processing plants (CPP) Matindok sebesar 55 from the central processing plants (CPP) Matindok

MMSCFD. of 55 MMSCFD.
MANAJEMEN
Keberhasilan ini diharapkan mempercepat PPGM This success is expected to accelerate PPGM
berproduksi, untuk menjamin pemenuhan kebutuhan production, to ensure the increasing domestic
gas domestik yang terus meningkat. PPGM memiliki demand for gas is met. PPGM has complete facilities
fasilitas lengkap mulai dari memproduksi gas ranging from producing natural gas from exploration
bumi dari sumur eksplorasi, maupun dari rencana wells, to the development well plan covering five gas
sumur pengembangan meliputi lima Lapangan fields: Donggi, Matindok, Maleo Raja, Sukamaju,
gas: Donggi, Matindok, Maleo Raja, Sukamaju, dan and Minahaki. By the end of 2014, the work progress
Minahaki. Hingga akhir tahun 2014 perkembangan of PPGM was estimated to have reached 21%, and
pengerjaan PPGM diperkirakan mencapai 21%, dan was targeted to be on stream by the end of 2015,
ditargetkan akan on stream pada akhir tahun 2015, with plans to supply LNG plants amounted to 85
dengan rencana pasokan ke kilang LNG adalah MMSCFD and 20 MMSCFD to PT PLN (Persero).
sebesar 85 MMSCFD dan 20 MMSCFD untuk PT PLN
(Persero).
CADANGAN GAS BUMI TERBUKTI PROVEN GAS RESERVES

Pertamina EP juga meneruskan pencarian dan Pertamina EP also continued the search and
penemuan cadangan gas bumi, untuk memastikan discovery of natural gas reserves, to ensure the
keberlanjutan produksi gas bumi. Cadangan sustainability of natural gas production. Proven
terbukti pada tahun 2014 sebesar 1.390.614 MBOE, reserves in 2013 amounted to 1,390,614 MBOE, a
menurun dibandingkan cadangan pada tahun decrease compared to 1,430,969 MBOE in 2013.
2013 yang sebesar 1.430.969 MBOE.
CADANGAN GAS BUMI TERBUKTI [OG1]

Proven Gas Reserves
AREA OPERASI
CADANGAN TERBUKTI (MBOE) Proven Reserves
Operation Area
2012 2013 2014

LAPANGAN Field
Asset 1 151,513 204,249
Asset 2 465,230 428,242
Asset 3 891,381 197,778 205,512
Asset 4 7,066 84,504
Asset 5 114,140 119,598
Proyek Pengembangan Development Project 266,614 253,151 126,485
TAC 92,737 192,272 186,296.32
KSO 6,067 49,817 43,735.47
Jumlah Cadangan Terbukti Pertamina EP
1,256,799 1,430,967 1,398,622
Total Proven Reserves of Pertamina EP

KEGIATAN EKSPLORASI DAN PENGEMBANGAN

Exploration and Development Activities
Produksi minyak mentah dan gas bumi (migas) yang Production of crude oil and natural gas (oil & gas)
menjadi bidang usaha Pertamina EP bersifat tidak that becomes Pertamina EP’s business sector are
bisa diperbaharui. Suatu saat cadangan yang ada non-renewable in nature. Someday the reserves
pada sumur produksi-sumur produksi yang ada in the existing production wells may be exhausted.
dapat saja habis. Untuk itulah Perusahaan secara Therefore, the Company continues the search and
berkesinambungan melakukan upaya pencarian discovery efforts of new oil & gas reserves through
dan penemuan cadangan baru migas melalui exploration activities.
kegiatan eksplorasi.
Keberadaan cadangan baru migas akan menjamin The existence of new oil and gas reserves will ensure
kesinambungan kegiatan produksi di masa the continuity of production activities in the future.
mendatang. Adapun tahapan kegiatan eksplorasi The stages of exploration activities undertaken by
yang dilaksanakan Perusahaan, yakni: the Company are as follows:
• Evaluasi subsurface secara regional, meliputi • Regional subsurface evaluation, including
evaluasi cekungan sedimen, pembelajaran sedimentary basin evaluation, petroleum system
petroleum system, pengembangan dan learning, development and determination of the
penentuan play concept; play concept;
• Identifikasi lead dan prospek, melalui • Identification of leads and prospects, through
penambahan data subsurface dengan the addition of subsurface data by conducting
melaksanakan kegiatan survei yaitu survei seismik surveys including seismic (2D & 3D) surveys as well
(2D & 3D) maupun survei non seismik (survey as non-seismic surveys (gravity, magnetic and
gravity, survey magnetic & magnetotelurik); magnetotelluric surveys);
• Pematangan kandidat pemboran atau • Maturation of drilling candidate or preparation
penyiapan prospek siap bor melalui kegiatan of drill ready prospects through funneling, which
funneling yaitu proses asesmen terhadap elemen is assessment process on petroleum system
petroleum system, besaran sumber daya serta elements, the amount of resources and the risk
tingkat resiko bagi setiap usulan prospek dan level of each prospect and lead proposal;
lead yang diajukan; • Wildcat exploration drilling to prove the existence
• Pemboran eksplorasi taruhan (wildcat) untuk of oil & gas resources in an area;
membuktikan ada tidaknya sumberdaya migas • Delineation drilling or appraisal to assess or
di suatu area; search for the spreading of the volume of oil & gas
• Pemboran delineasi atau appraisal untuk menilai resources discovery.
atau mencari pelamparan besaran volume
sumberdaya migas yang ditemukan.
Kuantitas cadangan migas terbukti yang telah The quantity of proven oil & gas reserve discovery is
ditemukan, pada hakikatnya hanya berupa taksiran only an estimate and is not intended to define the
dan tidak dimaksudkan untuk menggambarkan nilai realizable value and/or the fair market value of the
yang dapat direalisasikan dan/atau nilai pasar yang Company’s reserves. These estimates may change
wajar dari cadangan Perusahaan. Taksiran ini dapat depending on the availability of new information.
berubah tergantung ketersediaan informasi baru. There are various inherent uncertainties in estimating
Terdapat berbagai ketidakpastian inheren dalam oil and gas reserves, including factors that are
mengestimasi cadangan migas, termasuk faktor- beyond the control of the Company.
faktor yang berada di luar kendali Perusahaan.

MANAJEMEN
PENCAPAIAN EKSPLORASI 2014 2014 EXPLORATION ACHIEVEMENT
01
Ditemukannya lapisan baru dengan total berjumlah The discovery of a total of 8 layers at Baturaja
8 lapisan pada Formasi Baturaja, Talang Akar serta Formation, Talang Akar and Cibulakan Atas from
Cibulakan Atas dari pemboran sumur Akasia Bagus drilling of Akasia Bagus (ABG) -2 well in West Java
(ABG)-2 di Area Jawa Barat Area
02
Terbuktinya konsep (play) baru di Area Papua The new play has been proven in Papua Area with
dengan ditemukannya hidrokarbon pada Formasi the discovery of hydrocarbons in Faumai Formation
Faumai dari Pemboran Kawista (KWT)-1 from Kawista (KWT)-1 Drilling
03
Evaluasi PSDM Struktur Donggi menghasilkan PSDM Evaluation on Donggi Structure generated
tambahan sumber daya (additional resources) the largest additional resources during 2014, which
terbesar selama tahun 2014 yaitu sebesar 49 juta was 49 million barrels equivalent (Recoverable
barel ekuivalen (Recoverable Resources) Resources)
04
asil Uji Kandung Lapisan (UKL) terbesar selama
H Results of Drill Stem Testing (DST) were the largest
tahun 2014 adalah sebesar 573 barel per hari during 2014 amounted to 573 barrels oil per day
(bopd) serta 15 juta kubik kaki per hari (MMSCFD) (bopd) and 15 million cubic feet per day (MMSCFD)
dari test Sumur ABG-2 from ABG-2 Well test
05
Penyiapan Prospek Siap Bor selama tahun 2014 dari Preparation of Drill Ready Prospects during 2014
4x funneling adalah sebanyak 13 usulan dengan from 4x funneling resulted in 13 proposals with P50
resources P50 sebesar 214 juta barel minyak resources of 214 million barrels of oil equivalent (RR)
ekuivalen (RR)
06
Hingga Desember 2014 telah selesai dilaksanakan As of December 2014 drilling of 4 wells has been
pemboran sebanyak 4 sumur yaitu 2 di Papua completed, consisting of 2 in Papua (Kawista and
(Kawista dan Kuansu), 1 di Matindok (Kenari Raja Kuansu), 1 in Matindok (Kenari Raja and Penyu) and
dan Penyu) serta 1 penyiapan lokasi yang sedang 1 ongoing site preparation in Kalimantan (Piraiba)
berjalan di Kalimantan (Piraiba)
07
ealisasi Survei Seismik 3D hingga bulan Desember
R Realization of 3D Seismic Survey until December
tahun 2014 mencapai lebih dari 2.000 km2 2014 has reached more than 2,000 km2

REALISASI PENEMUAN CADANGAN BARU REALIZATION OF NEW RESERVE DISCOVERY

Target pada tahun 2014 untuk mendapatkan Target for discovery of 2C-Inplace oil reserves in
temuan cadangan 2C-Inplace minyak adalah 173 2014 was 173 MMBO, gas reserves of 948 BCFG
MMBO, cadangan gas 948 BCFG dan cadangan and oil & gas equivalent reserves of 337 MMBOE.
setara migas 337 MMBOE. Sedangkan target Meanwhile, the target for discovery of 2C-RR oil
temuan cadangan 2C-RR minyak adalah 54 MMBO, reserves was 54 MMBO, gas reserves of 717 BCFG,
cadangan gas 717 BCFG, atau cadangan setara or oil & gas equivalent reserves of 179 MMBOE.
migas 179 MMBOE.
Realisasi penemuan cadangan baru dari kegiatan Realization of new reserve discovery from exploration
eksplorasi sepanjang tahun 2014, untuk temuan activities in 2014 consist of 2C-RR reserve discovery
cadangan 2C-RR adalah 79 MMBO untuk cadangan amounted to 79 MMBO for oil reserves, 578 BCFG
minyak, 578 BCFG untuk cadangan gas, atau 179 gas reserves, or 179 MMBOE oil & gas equivalent
MMBOE setara cadangan migas. reserves.
Pencapaian tersebut mencapai 100% dari target The achievement reached 100% of the 2014 RKAP
RKAP 2014. Kontribusi terbesar berasal dari Evaluasi target. The largest contribution came from PSDM
PSDM Struktur Donggi yang mencapai 27% dari Evaluation of Donggi Structure, which reached 27%
total penemuan cadangan baru dengan hasil uji of the total discovery of new reserves with result of
kandung lapisan (UKL) menghasilkan cadangan drill stem testing (DST) at 49 MMBOE.
migas sebesar 49 MMBOE.
Selama tahun 2014, kami melaksanakan kegiatan During 2014, we have been conducting 2D seismic
survei seismik 2D sepanjang 454 Km, yang terdiri survey along 454 km, consisting of own operation
dari Own sepanjang 260 km dan Mitra 194 km atau area covering 260 km and partners' area covering
195% dari target RKAP. Sementara survei seismik 194 km or 195% of the RKAP target. Meanwhile, 3D
3D meliputi luas 2.209 Km2, yang terdiri dari Own seismic operation area covering covered 2,209 km2,
2.126 Km2 dan mitra 83 Km2,atau 104% dari target consisting of own survey 2,126 km2 and operation
RKAP. Kegiatan survei seismik dilaksanakan untuk area covering 83 km2 or 104% of the RKAP target.
mengkonfirmasi prospek area baru. The seismic survey activities were carried out to
confirm the new area prospect.
Jumlah kegiatan pemboran eksplorasi pada tahun
2014 adalah 14 sumur dimana 9 sumur selesai dan Total exploration drilling in 2014 was 14 wells, which
5 sumur masih dalam pelaksanaan pemboran, atau 9 wells completed and 5 wells in the process of
75% dari target RKAP. Adapun pemboran yang tidak drilling,, or 75% of the RKAP target. The drilling that
berhasil menemukan kandungan hidrokarbon atau failed to find hydrocarbon deposit or dry hole was
dry hole sebanyak 1 sumur. in one well.
Kegiatan eksplorasi dilaksanakan dengan tetap Exploration activities are carried out while
memperhitungkan biaya yang harus dikeluarkan. considering the costs to be incurred. The cost of
Biaya pemboran sumur eksplorasi dihitung per tapak drilling exploration wells is calculated per site (cost
(cost per foot) berdasarkan dry hole basis, yakni per foot) based on dry hole basis, which is the cost
biaya yang harus dikeluarkan selama pemboran to be incurred during the drilling until the last logging
sampai logging terakhir pada trayek produksi. on the production route.
Besaran realisasi cost per foot rata-rata untuk The amount of average cost per foot realization for
pemboran sumur eksplorasi tahun 2014 adalah exploration well drilling in 2014 was USD1,517/ft,
USD1.517/ft, lebih rendah dari rencana biaya lower than cost plan of USD1,848/ft. The amount of
sebesar USD1.848/ft. Besaran realisasi biaya cost per foot realization in 2014 was higher than in
per tapak tahun 2014 juga lebih lebih tinggi 2013, which was USD1,021/ft.
dibandingkan tahun 2013, sebesar USD1.021/ft.
KEGIATAN PENGEBORAN DRILLING AND DEVELOPMENT ACTIVITY

DAN PENGEMBANGAN
Selama tahun 2014 Perusahaan juga telah During 2014, the Company also has conducted a
menjalankan sejumlah kegiatan pada berbagai number of activities in the existing fields, in order to
Lapangan eksisting, guna memastikan terjaganya ensure stable production. The activities are:
tingkat produksi. Kegiatan dimaksud adalah: 1.
Drilling of 141 development wells; consisting
1. Pemboran 141 sumur pengembangan; yang of 123 wells completed and 18 wells were in
terdiri dari 123 sumur telah selesai dan 18 sumur progress.
dalam pelaksanaan.

2. Kerja ulang pindah lapisan (work-over) KUPL 163 2. Work over of 163 development wells; consisting of
sumur pengembangan; yang terdiri dari 160 160 well completed and 3 were in progress.
sumur selesai dan 3 sumur dalam pelaksanaan. 3. Well operations covering production optimiza-
3. Kegiatan operasi sumur meliputi optimasi tion, repair, reopening, stimulation and frac-
produksi, reparasi, reopening, stimulasi dan turing of 5,231 activities. consisting of 4,158
fracturing sebanyak 5.231 kegiatan, terdiri dari activities of own operation and 1,073 partners'
4.158 kegiatan own dan 1.073 mitra. activities.
AKTUALISASI KEGIATAN EKSPLORASI BERDASARKAN PROSES [OG1] [OG6]

Actual exploration activities based on process
PERBANDINGAN RKAP 2015 REVISI

KEGIATAN EKSPLORASI VS RKAP 2014
2013 2014 Comparison with REVISED 2015
Exploration activities
RKAP 2014 RKAP
Survei eksplorasi Exploration survey
• Seismik 2D (Km) 2D Seismic (Km) 926 454 195% 509

• Seismik 3D (Km2 ) 3D Seismic (Km2) 1,830 2,209 104% 658
Pemboran Drilling
MANAJEMEN
• Wild Cat (Well) 13 6 67% 6
• Delineasi Sumur (Well) Delineation 2 3 100% 13
• On progress 15 5 N/A N/A
Studi geologi geofisika (G&G)
6 11 85% 11
Geological & Geophysical Study
Penemuan cadangan eksplorasi (2C-Inplace) Discovery of Exploration Reserves (2C-Inplace)
• Minyak Oil (MMBO) 300 382 220% 432
• Gas Bumi Natural gas (BCFG) 766 816 86% 871
• Migas Oil & gas 70% (MMBOE) 432 522 155% 583
Penemuan cadangan eksplorasi (2C- RR) Discovery of Exploration Reserves (2C-RR)
• Minyak Oil (MMBO) 66 79 146% 109
• Gas Bumi Natural gas (BCFG) 550 578 81% 590
• Migas Oil & gas 61% (MMBOE) 161 179 100% 90
REALISASI KEGIATAN OPERASIONAL 2014

Realization of 2014 Operations Activities
PEMBORAN SUMUR PENGEMBANGAN KERJA ULANG PINDAH LAPISAN

AREA OPERASI Development well drilling Workover
Operational area
RKAP REALISASI Realization RKAP REALISASI Realization
Asset 1 23 21 23 46
Asset 2 18 19 15 19
Asset 3 13 13 5 9
Asset 4 0 0 0 0
Asset 5 23 29 0 0
Proyek Pengembangan Development Project 7 8 3 8
Jumlah operasi Sendiri Total own operation 84 1002 46 851
Jumlah Kemitraan Total Partnership 36 41 31 78
Jumlah Pertamina EP Total Pertamina EP 120 141 3
77 1634
Catatan Note:
1) 85 = 82 selesai Completed, 3 dalam proses in progress
3) 141 = 123 selesai Completed, 18 dalam proses in progress;

KINERJA PROYEK PENGEMBANGAN

Development Project Performance
PROYEK PENGEMBANGAN PONDOK MAKMUR PROYEK PENGEMBANGAN GAS MATINDOK

Pondok Makmur Development Project Matindok Gas Development Project
LOKASI LOCATION
Lapangan ini terletak di Cekungan Ciputat yang merupakan salah satu dari Lapangan ini terletak di Area Matindok pada lapangan
sub cekungan yang ada di Cekungan Jawa Barat Utara, ± 35 km arah timur Donggi, Matindok, Maleo Raja, Minahaki, yang berada di
laut kota Jakarta, wilayah Kecamatan Cabang Bungin, Kabupaten Bekasi, Kabupaten Banggai, Sulawesi Tengah.
Jawa Barat.
This field is located in Ciputat Basin, which is one of the sub-basins in the North This field is located in Matindok Area at Donggi, Matindok,
West Java Basin, ± 35 km northeast of Jakarta, Cabang Bungin District, Bekasi Maleo Raja, Minahaka fields in Banggi Regency, Central
Regency, West Java. Sulawesi Province.
TUJUAN PENGEMBANGAN DEVELOPMENT GOAL
Pengembangan lapangan Pondok Makmur dengan target puncak produksi Monetisasi gas dari area tersebut dengan total sales gas
minyak sebesar 2.913 BOPD dan Gas 37 MMSCFD pada tahun 2013. sebesar 105 MMSCFD (nett) dengan rincian: 85 MMSCFD
Pondok Makmur field development with peak production target of crude oil at dari Area Senoro dan 29,20 MMSCFD bersama-sama
2,913 BOPD and gas at 37 MMSCFD in 2013. dengan gas dari lapangan JOB P-MTS (5 MMSCFD)
Gas monetization of the area with a total net sales of gas at
105 MMSCFD consisting of 85 MMSCFD from Senoro Area
and 29.20 MMSCFD, collectively with gas from JOB P-MTS (5
MMSCFD) fields.
KEGIATAN PENGEMBANGAN DI TAHUN 2014 DEVELOPMENT ACTIVITIES IN 2014
1. Persetujuan POD Fase-1: Kegiatan dan Perkembangan 2014:

• Pemboran 3 sumur (PDM-8, PDM-9, PDM-10). 1. Pemboran
• Workover 2 sumur (PDM-5 dan PDM-2). • Pemboran MTD-4 tajak 25 Nov 2013. Rig released 3
• Perijinan AMDAL. Februari 2014.
• Rental fasilitas produksi temporary (7500 BLPD). • Pemboran MTD-7 tajak 20 Feb 2104. Rig Release 23
2. Penyusunan Revisi POD Fase-1: April 2014.
• Pemboran 4 sumur • Pemboran MTD-6, tajak tanggal 7 Mei 2014. Rig
(PDM-11, PDM-12, PDM-13 dan PDM-14). release 3 Juli 2014.
• Workover 2 sumur ( PDM-3 dan PDM-7). • Pemboran MLR-2ST, tajak tanggal, 6 Oktober 2014.
• Flowline 8 jalur (PDM-01, PDM-02, PDM-03, PDM-08, PDM-10L, PDM- Rig Release 29 Oktober 2014.
10S, PDM-11 dan PDM-12). • Pemboran MTD-8, tajak 28 November 2014.
• Satellite line PDM-05 dan PDM-09. 2. Surface Facilities
• Trunkline migas 6” (oil) dan 10”(gas) sepanjang 8km. • EPC DNG, Pelaksana Rekind, Progress EPC overall
• Trunkline air terproduksi dari Fasilitas Produksi PDM – SP Tambun. 43,66% vs plan 39,37% (+4,29%).
• Rental fasilitas produksi temporary (3000 BLPD, 15 MMSCFD dilanjutkan • EPC MTD, Pelaksana Wika-Technip Consortium,
4000 blpd dan 35 MMSCFD). Progress EPC overall 28,31% vs plan 31,6% (-3,29%).
• Pembangunan fasilitas produksi permanen (Kap. 4000 BLPD dan 42
MMSCFD). 1. Drilling
• Relokasi Kompresor kap. 20 MMSCFD. • MTD-4 drilling, excavation on November 25, 2013. Rig
release on February 3, 2014.
1. Approval of POD Phase-1: • MTD-7 drilling, excavation on February 20 2104. Rig
• Drilling of 3 wells (PDM-8, PDM-9, PDM-10). Release on April 23, 2014.
• Workover of 2 wells (PDM-5 and PDM-2). • MTD-6 drilling, excavation on May 7, 2014. Rig release
• AMDAL licensing. on July 3, 2014.
• Rental of temporary production facilities (7,500 BLPD). • MLR-2ST drilling, excavation on October 6, 2014. Rig
2. Preparation of Revised POD Phase-1: Release on October 29, 2014.
• Drilling of 4 wells (PDM-11, PDM-12, PDM-13 and PDM-14). • MTD-8 drilling, excavation on November 28, 2014.
• Workover of 2 wells (PDM-3 and PDM-7). 2. Surface Facilities
• 8 lines of flowline (PDM-01, PDM-02, PDM-03, PDM-08, PDM-10L, PDM- • EPC DNG, Operator: Rekind, EPC overall progress
10S, PDM-11 and PDM-12). 43.66% vs. plan 39.37% (+4.29%).
• Satellite line of PDM-05 and PDM-09. • EPC MTD, Operator: Wika-Technip Consortium, EPC
• Oil & gas 6" trunkline (oil) and 10" trunkline (gas) along 8 km. overall progress 28.31% vs. plan 31.6% (-3.29%).
• Trunkline of produced water from Production Facilities of PDM - SP
Tambun.
• Rental of temporary production facilities (3,000 blpd, 15 MMSCFD
continued with 4,000 blpd and 35 MMSCFD).
• Construction of permanent production facilities (Capacity 4,000 BLPD
and 42 MMSCFD).
• Relocation Compressor with capacity 20 MMSCFD.

PROYEK PENGEMBANGAN GAS JAWA PROYEK PENGEMBANGAN PAKU GAJAH
Java Gas Development Project Paku Gajah Gas Development Project
Lapangan ini terletak di struktur-struktur Kedungtuban, Lokasi:

Randublatung dan Kedunglusi di Area Gundih, yang berada Secara geografis berada di dua Kabupaten yaitu Muara Enim dan Ogan
di wilayah Kabupaten Blora, Jawa Tengah. Komering Ulu (OKU), berjarak kurang lebih 50 km dari Kota Prabumulih
This field is located in Kedungtuban, Randublatung and Sumatera Selatan .
Kedunglusi structures in Gundih Area, Blora Regency, Central Location:
Java. Geographically located in two regencies, Muara Enim and Ogan Komering Ulu
(OKU), located approximately 50 km from Prabumulih City, South Sumatra.
Mengembangkan, memproses, dan memproduksi gas Untuk pemenuhan kebutuhan konsumen gas di Sumatera Selatan &
di Area Gundih berdasarkan keekonomian lapangan, Jawa Barat yang dialirkan melalui pipa gas PGN. Produksi gas berasal

agar siap untuk dijual sebesar 50 MMSCFD (netto) untuk dari struktur Pagardewa (PDW), Pagardewa Selatan (PDS), Karangdewa
memenuhi kebutuhan pembangkit listrik PT PLN (Persero) di (KRD), Prabumenang (PMN), Tasim (TSM) dan Kuang Selatan dengan
MANAJEMEN
Tambak Lorok, Jawa Tengah. total Recoverable Reserves sebesar 147,94 BCFG. Lapangan ini juga akan
Developing, processing, and producing gas at Gundih Area memproduksikan kondensat yang akan dialirkan ke PPP Prabumulih.
based on the field’s economy, in order to be ready for sale at To meet consumers'; needs for gas in South Sumatra and West Java, distributed
50 MMSCFD (net) to supply power plant of PT PLN (Persero) through PGN gas pipeline. The gas production is from structures of Pagardewa
in Tambak Lorok, Central Java. (PDW), South Pagardewa (PDS), Karangdewa (KRD), Prabumenang (PMN),
Tasim (TSM) and South Kuang with a total of 147.94 BCFG Recoverable
Reserves. This field will also produce condensate that will be distributed to the
PPP Prabumulih.
Gas in CPP Gundih (buka sumur) tgl. 1 Maret 2014 • Workover Pagar Dewa Selatan (PDS)-1:
• Gas on stream ke PT SPP mulai tgl. 8 Mei 2014 3 Januari 2014– 22 januari 2014
• Mechanical Completion selesai tgl. 22 Desember 2014 • Workover karang Dewa (KRD)-01 :
5 sep 2014 – 1 Okt 2014
Gas in CPP Gundih (well opening) on March 1, 2014 • Workover Tasim (TSM) 01:
• Gas on stream to PT SPP starting on May 8, 2014 13 Nopember 2014 – 11 Desember 2014
• Mechanical Completion completion on December 22, • Workover sumur Pagardewa (PDW)-6 :
2014 23 Des (masih dalam pelaksanaan)
• Pemboran Sumur Prabumenang (PMN)-09 :
6 Nop 2014 – 11 Des2014
• Pemboran sumur Pagardewa (PDW)-7 :
31 Desember 2014 (masih dalam pelaksanaan)
• W orkover of Pagar Dewa Selatan (PDS)-1:

January 3, 2014- January 22, 2014
• Workover of Karang Dewa (KRD)-01:
September 5, 2014 - October 1, 2014
• Workover of Tasim (TSM) 01:
November 13, 2014 - December 11, 2014
• Workover of Pagardewa (PDW)-6:
December 23 (work in progress)
• Drilling of Prabumenang (PMN)-09 well:
November 6, 2014- December 11, 2014
• Drilling of Pagardewa (PDW)-7 well:
December 31, 2014 (work in progress)

PENJUALAN MINYAK DAN GAS OIL AND GAS SALES

Sektor hulu migas global pada tahun 2014 juga Global upstream oil and gas sector in 2014 was also
dihadapkan pada kondisi penurunan harga minyak faced with the conditions of the decline in crude oil
mentah di pasar dunia, karena berlimpahnya prices in the world market, due to the over production
produksi melebihi permintaan. Kondisi ini that exceeded demand. This condition affected
mempengaruhi harga penjualan minyak Pertamina the oil sales price of Pertamina EP to PT Pertamina
EP ke PT Pertamina (Persero) pada tahun 2014, yang (Persero) in 2014, which is determined based on
ditetapkan berdasarkan weighted average price weighted average price (WAP) at USD94.74 /BBLs.
(WAP) sebesar USD94,74/BBLs. Harga tersebut turun The price fell compared to WAP in 2013, which was
dibandingkan WAP tahun 2013 sebesar USD104,97/ USD104.97/BBLs.
BBLs.
Penurunan harga jual minyak mentah produksi The decline in prices of Pertamina EP’s crude oil
Pertamina EP berimbas pada perolehan production had an impact on the Company's
pendapatan Perusahaan pada tahun 2014. Selama revenues in 2014. During 2014, the Company
tahun 2014, Perusahaan membukukan pendapatan recorded revenues of USD4,710 million, down 6%
usaha USD4.710 juta, turun 6% dari tahun 2013 from USD5,001 million in 2013. The revenues were
yang sebesar USD5.001 juta. Pendapatan tersebut from the domestic sales of oil and gas, as well as
berasal dari hasil penjualan minyak dan gas di export sales.
dalam negeri, serta penjualan luar negeri (ekspor).
Perolehan pendapatan mempengaruhi besaran Revenues affected the amount of the Company's
laba Perusahaan. Laba sebelum pajak penghasilan profits. Profit before income tax in 2014 was down to
tahun 2014 turun USD524 juta atau turun 16% dari USD524 million or 16% from 2013, while the profit for
tahun 2013, sementara laba tahun berjalan tahun the year 2014 was down by USD403 million or 20%
2014 turun USD403 juta atau turun 20% dari tahun from 2013 to USD1,586 million.
2013 menjadi USD1.586 juta.
PENDAPATAN PER SEGMENT (RIBUAN USD)

Income per Segment (Thousands USD)
2012: 4,042,651 2012: 1,275,881

2013: 3,565,282 2013: 1,435,601
2014: 3,250,637 2014: 1,459,853
Δ : (10%) Δ : (7%)
Penjualan Minyak Oil Sales Penjualan Gas Gas Sales
Kinerja operasional di tahun 2014 menunjukkan Operational performance in 2014 showed a

penurunan dibandingkan dengan tahun 2013. decrease compared to 2013. This can be a new
Hal ini dapat menjadi tantangan baru bagi challenge for Pertamina EP to continue to grow and
Pertamina EP untuk terus tumbuh dan berkembang. thrive. The stable economic performance can be
Kinerja ekonomi yang terjaga dapat dilihat dari seen from the profitability, solvency and liquidity.
profitabilitas, solvabilitas dan likuiditas.

PEMASARAN
Marketing
STRATEGI PEMASARAN DAN PANGSA PASAR MARKETING STRATEGY AND MARKET SHARE
Strategi pemasaran produk minyak dan gas The marketing strategy of Pertamina EP’s oil and
Pertamina EP diatur oleh Pemerintah Indonesia gas products is set by the Government of Indonesia
melalui Undang-Undang dan Peraturan Pemerintah through Laws and Regulations that stipulate a
yang mengatur bahwa pengelola Blok harus Block operator must be a different entity from the
entitas yang berbeda dari perusahaan/kelompok company/group of companies that wins the right to
perusahaan yang memenangkan hak pengelolaan operate the block from the Government. Pertamina
Blok dari Pemerintah. Produksi minyak mentah EP’s crude oil production is to be distributed for
Pertamina EP akan disalurkan untuk diolah ke processing to domestic refineries belonging to PT
kilang domestik PT Pertamina (Persero), sedangkan Pertamina (Persero), while natural gas production
hasil produksi gas bumi akan disalurkan kepada is distributed to consumers. Thus, Pertamina EP
konsumen. Dengan demikian, Pertamina EP tidak does not face business competition in the market
menghadapi persaingan usaha di pangsa pasar share of oil and gas, but faced with competition

minyak dan gas, tetapi berhadapan dengan in the advantages of exploration, production, and
persaingan di bidang keunggulan eksplorasi, distribution. [G4-8]
MANAJEMEN
produksi, dan distribusi. [G4-8]
Melalui fungsi Monetisasi/Commercial minyak Through crude oil and gas Monetization/
mentah dan gas, Perusahaan melakukan evaluasi Commercial function, the Company carries out
pasokan dan ekonomi, melakukan kegiatan beauty supply and economic evaluation, beauty contest,
contest, proses negosiasi penjualan, pembuatan sales negotiation process, formal document
dokumen formal dan Perjanjian Jual Beli migas, preparation, Sale and Purchase Agreement of oil &
produk sampingan dan produk turunannya serta gas products, byproducts and derivatives as well as
persetujuan kepada pemerintah dalam rangka the government's approval in order to gain maximum
memperolah keuntungan yang maksimal bagi profit to the Company from the monetization of oil
Perusahaan dari proses monetisasi produk migas, and gas products, byproducts and derivatives.
produk sampingan dan produk turunannya.
Selama tahun 2014, fungsi Oil & Gas Monetization During 2014, Oil & Gas Monetization function has
telah meninjau ulang harga penjualan gas kepada reviewed the gas sales prices to SKK Migas, the
SKK Migas, pemerintah dan sejumlah konsumen Government and a number of consumers that
sehingga menghasilkan kesepakatan perubahan resulting in change of average gas price agreement
harga jual gas rata-rata dari kurun waktu from previous period. Basic consideration of price
sebelumnya. Dasar pertimbangan atas perubahan changes is for the continuity of operations in the
harga adalah untuk pemenuhan kelangsungan search for new reserves. In addition, there are several
operasi dalam mencari cadangan baru. Selain new signed agreements, contracts and deals as well
itu, ada beberapa perjanjian, kontrak maupun as amendments of a number of old agreements and
kesepakatan baru yang ditandatangani serta old contract.
amandemen sejumlah perjanjian maupun kontrak
lama.
AMANDEMEN PERJANJIAN JUAL BELI GAS (PJBG)

Amendment of Gas Sale Purchase Agreement
TIPE PERJANJIAN Type of Agreement PEMBELI Buyer LOKASI Location

Gas Sale Purchase Agreement 3rd Amendment PT Sumber Petrindo Perkasa Jawa Tengah Central Java
Gas Sale Purchase Agreement 3rd Amendment PT Sumber Petrindo Perkasa Jawa Tengah Central Java


Amendment of Gas Sale Purchase Agreement (PJBG)
TIPE PERJANJIAN PEMBELI HARGA AWAL HARGA AKHIR

Type of Agreement Buyer Initial Price Final Price
Gas Sale Purchase Agreement PT Jabar Energi 2.97 3.06

Gas Sale Purchase Agreement PT PLN (Persero) Keramasan 5.35 5.51
Gas Sale Purchase Agreement PT Sinergi Patriot Bekasi 2.88 2.96
Gas Distribution Joint Agreement PT Gasuma Corporindo 1.46 2.80
Gas Sale Purchase Agreement PT PLN (Persero) - Tanjung Batu 2.93 2.94
Gas Sale Purchase Agreement PT PLN (Persero) - Bunyu 4.74 4.88
Gas Sale Purchase Agreement PT PLN (Persero) - Sembakung 3.80 3.91
Gas Sale Purchase Agreement Amendment PT PLN (Persero) - Gelam - Jambi 5.20 5.35
Gas Sale Purchase Agreement Amendment PT Bina Bangun Wibawa Mukti 6.00 6.18
Gas Sale Purchase Agreement Amendment PT Fajar Surya Wisesa 6.15 6.34
Gas Sale Purchase Agreement 3rd Addendum PT Cikarang Listrindo 4.12 4.24
Gas Distribution Joint Agreement PT Banten Inti Gasindo 3.00 6.30
Gas Distribution Joint Agreement PT Energasindo Heksa Karya - Cilegon 2.95 6.55
Gas Distribution Joint Agreement PT Indo Raya Kimia 4.17 6.75
Gas Distribution Joint Agreement PT Indocement Tunggal Prakasa 2.81 6.55
Gas Distribution Joint Agreement PT PGN (Persero) Tbk. - Jatirarangon 4.60 6.55
Gas Distribution Joint Agreement PT Rabana Gasindo Makmur 2.71 6.55
Gas Distribution Joint Agreement PT Tatajabar Sejahtera 2.80 5.92
Gas Distribution Joint Agreement PT PLN Tarakan 5.15 5.30
Gas Distribution Joint Agreement Amendment PT Bayu Buana Gemilang 2.85 6.55
Gas Distribution Joint Agreement Amendment PT Manggala Gita Karya 6.50 6.70
Gas Distribution Joint Agreement Amendment PT Pelangi Cakrawala Losarang 5.74 6.70
Gas Distribution Joint Agreement Amendment PT Sadikun Niaga Mas (Cilegon) 3.00 6.55
Gas Distribution Joint Agreement Amendment PT Sadikun Niagamas Raya (Karawang) 3.00 6.55
Gas Distribution Joint Agreement Amendment PT Titis Sampurna 3.71 4.00
Gas Distribution Joint Agreement Amendment PT Media Karya Sentosa 7.30 7.41
Gas Distribution Joint Agreement 3rd Amend-
PT PGN (Persero) Tbk. - Sunyaragi 7.06 7.50
ment
Gas Distribution Joint Agreement 3rd Amend-
PT PGN (Persero) Tbk. - Cirebon 5.00 5.50
ment

Amendment of Gas Sale Purchase Agreement (PJBG)
TIPE PERJANJIAN SUMBER GAS LOKASI

Type of Agreement Gas Source Location
Gas Distribution Joint Agreement PT Pura Daya Prima Sumatera Selatan South Sumatra
Gas Distribution Joint Agreement PT Krakatau Steel (Persero) Tbk Banten
Gas Distribution Joint Agreement PT Titis Sampurna Jawa Tengah Central Java

Gas Distribution Joint Agreement PT Pelangi Cakrawala Losarang Jawa Barat West Java
Gas Distribution Joint Agreement PT PLN (Persero) Sumatera Utara North Sumatra
MANAJEMEN
Gas Distribution Joint Agreement PT Sadikun Niagamas Raya Banten dan Jawa Barat West Java
Gas Distribution Joint Agreement PT PLN Tarakan Kalimantan Timur East Kalimantan
Gas Distribution Joint Agreement PT Indo Raya Kimia Jawa Barat West Java
Gas Distribution Joint Agreement PT Gasuma Corporindo Jawa Timur East Java
Gas Distribution Joint Agreement PT Bayu Buana Gemilang Jawa Barat West Java
Gas Distribution Joint Agreement PT Indocement Tunggal Prakarsa Tbk. Jawa Barat West Java
Gas Distribution Joint Agreement PT Banten Inti Gasindo Banten
Gas Distribution Joint Agreement PT Rabana Gasindo Makmur Jawa Barat West Java
Gas Distribution Joint Agreement PT Tatajabar Sejahtera Jawa Barat West Java
Gas Distribution Joint Agreement PT Energasindo Heksa Karya - Cilegon Banten
Gas Distribution Joint Agreement - Jatirarangan
PT PGN (Persero) Tbk Jawa Barat West Java
Field
CO2 Gas Distribution Joint Agreement PT Aneka Gas Industri Jawa Barat West Java
Processed Gas Distribution Joint Agreement PT Pertamina Gas Jawa Barat West Java
Short Term Gas Distribution Joint Agreement PT Pupuk Kujang Jawa Barat West Java
Gas Distribution Joint Agreement Addendum PT Manggala Gita Karya Jawa Barat West Java
Gas Distribution Joint Agreement Amendment PT Medco E&P Indonesia Sumatera Selatan South Sumatra
Gas Distribution Joint Agreement Amendment PT Ogspiras Basya Pratama Sumatera Selatan South Sumatra
Gas Distribution Joint Agreement Amendment PT Sadikun Niagamas Raya Banten dan Jawa Barat West Java
Gas Distribution Joint Agreement Amendment PT Titis Sampurna Jawa Tengah Central Java
Gas Distribution Joint Agreement Amendment PT PLN (Persero) Sumatera Utara North Sumatera
Gas Distribution Joint Agreement Amendment PT Pelangi Cakrawala Losarang Jawa Barat West Java
Flare Gas Distribution Joint Agreement Amendment PT Pertiwi Nusantara Resources Jawa Barat West Java
Gas Distribution Joint Agreement Amendment - PT Perusahaan Gas Negara (Persero) Tbk -
Sumatera Utara North Sumatra
BDL-1 Well Medan
Gas Distribution Joint Agreement Amendment -
PT Media Karya Sentosa Jawa Timur East Java
Poleng Field
PT Perusahaan Gas Negara (Persero) Tbk -
AGas Distribution Joint Agreement 3rd Amendment Jawa Barat West Java
Cirebon
PT Perusahaan Gas Negara (Persero) Tbk -
Gas Distribution Joint Agreement 3rd Amendment Sumatera Utara North Sumatera
Medan
Ex-NGL Plant Condensate Sale Purchase Joint
PT Pertamina (Persero) Sumatera Selatan South Sumatra
Agreement 3rd Addendum

PELANGGAN CUSTOMER
Seluruh minyak yang diproduksi Perusahaan diolah di The entire oil produced by the Company is processed
kilang milik PT Pertamina (Persero) sebagai pembeli in refineries owned by PT Pertamina (Persero) as the
tunggal minyak yang diproduksi. Meski demikian, sole buyer of the oil. However, we still maintain the
kami tetap menempatkan relasi komersial yang special commercial relations professionally. The
bersifat khusus ini secara profesional. Perusahaan company strives to maintain customer satisfaction
berupaya menjaga kepuasan pelanggan dengan by implementing a handling mechanism of
menerapkan mekanisme untuk melayani komplain complaints from PT Pertamina (Persero) on oil
dari PT Pertamina (Persero) terkait produk minyak products delivered. Complaints submitted by mail to
yang diserahkan. Komplain disampaikan melalui the Company with a copy to SKK Migas. [G4-PR5]
surat kepada Perusahaan dan ditembuskan kepada
SKK Migas. [G4-PR5]
Sampai dengan akhir tahun 2014 ada beberapa Until the end of 2014 there were several complaints
komplain yang disampaikan kepada Pertamina EP submitted to Pertamina EP directly or indirectly
langsung maupun melalui SKK Migas. Komplain through SKK Migas. The complaints consist
tersebut terdiri dari komplain mengenai volume of complaints on the oil volume delivered, oil
minyak yang diserahkan, komplain mengenai specification, and demurrage on shipment.
spesifikasi minyak yang diserahkan, dan komplain
mengenai demurrage saat pengapalan.
Komplain yang diterima perusahaan langsung Complaints received by the Company are
ditindaklanjuti melalui : immediately followed by:
1. Verifikasi, bila komplain menyangkut jumlah 1. Verification, when the complaint concerns volume
volume yang berbeda. difference.
2. Analisa di laboratorium independen, bila komplain 2. Analysis in independent laboratories, if the
terkait spesifikasi minyak. complaints related to oil specifications.
Selain pengaduan melalui surat, secara berkala In addition to the complaint submitted by mail,
kami juga mengadakan koordinasi penyaluran periodically we also carry out coordination of oil and
minyak dan gas, gas coordination meeting, shipper gas distribution, gas coordination meetings, shipper
coordination, dan workshop optimalisasi lifting coordination and lifting optimization workshops
secara berkala. Hal tersebut dilakukan sebagai regularly. These were done as a follow-up of
tindak lanjut dari keluhan konsumen dan sebagai consumer complaints as well as lifting optimization
kontrol optimalisasi lifting untuk masa-masa control in the future. [G4-PR5]
mendatang. [G4-PR5]

PENGELOLAAN RANTAI PASOKAN [G4-12]
Supply Chain Management
Pertamina EP mengelola rantai pasokan barang PT Pertamina EP manages the supply chain of goods
maupun jasa melalu Fungsi Supply Chain and services through the Supply Chain Management
Management (SCM). Fungsi tersebut mengatur dan (SCM) function. The function arranges and manages
mengelola rantai suplai barang dan jasa untuk the supply chain of goods and services to meet
memenuhi kebutuhan operasional perusahaan, the Company's operational needs which includes
yang mencakup jasa outsource material dan the outsourcing service of material and services,
jasa, jasa kelogistikan (warehouse, toolhouse, logistics services, (warehouse, toolhouse, custom
custom clearance, angkutan darat), layanan jasa clearance, land transportation), as well as office and
perkantoran dan perumahan. residential services.
Selama tahun 2014, SCM telah memproses 42 During 2014, SCM has processed 42 applications
pemintaan ijin rencana pengadaan dan persetujuan for procurement plan permit and approval for

pemenang pengadaan ke SKK Migas. Dalam procurement winner to SKK Migas. In these
kegiatan tersebut, SCM memberikan rekomendasi activities, SCM's recommendations to the Asset,
MANAJEMEN
kepada Asset, kemitraan technical assistant contract technical assistant contract (TAC) and operational
(TAC) dan kerjasama operasional (KSO) melalui Tim cooperation (KSO) partners through Auction
Pengkaji Penyelesaian Pelelangan (TPPL) dalam hal Settlement Assessment Team (TPPL) in terms of
proses dan permasalahan pengadaan sebanyak procurement process and issues have been provided
234 kali dan konsultansi ke SKK Migas sebanyak 240 234 times and consultancy to SKK Migas have been
kali. conducted 240 times.
Nilai pengadaan barang dan jasa pada tahun The value of procurement of goods and services
2014 yang disepakati dan direalisasikan mencapai in 2014 that were agreed and realized reached
equivalent Rp29,91 triliun. Nilai tersebut berada IDR29.91 trillion. The value was below the budget
dibawah nilai yang dianggarkan yaitu equivalent value at IDR30.93 trillion or equivalent with 3.29%
Rp30,93 triliun atau setara 3,29% penghematan cost saving of the budgeted value.
biaya (cost saving) dari nilai yang dianggarkan.
PENGHEMATAN NILAI PENGADAAN DALAM PENGELOLAAN RANTAI PASOKAN

Saving of Procurement Value in Supply Chain Management
Keterangan Description 2012 2013 2014
Persentase Penghematan Saving Percentage 5.25% 5.47% 3.29%
Kreativitas dan pelayanan yang fokus dari internal Creativity and internal customer-focused service of
customer pekerja SCM dalam pengelolaan SCM employees in the management of procurement
pengadaan barang dan jasa membuat jumlah of goods and services have streamlined procurement
proses pengadaan dapat dikurangi. Hal ini process. This made the documents of goods and
menjadikan dokumen pengadaan barang dan jasa services procurement decreased without reducing
berkurang tanpa mengurangi ketersediaan barang the availability of goods and services.
dan jasa.
PENGHEMATAN NILAI PENGADAAN DALAM PENGELOLAAN RANTAI PASOKAN

Saving of Procurement Value in Supply Chain Management
Jumlah Dokumen Pengadaan 8,857 7,924 5,890

Total Procurement Document

Beberapa terobosan dilakukan untuk meningkatkan Some breakthroughs have been made to improve the
pelayanan yaitu pembuatan perjanjian jangka service, such as establishing long term agreement
panjang dengan penyedia barang dan jasa, salah with the suppliers of goods and services, owhich
satunya barang dan jasa strategis yaitu: include the following strategic goods and services:
• Casing & Tubing (High grade & Low Grade). • Casing & Tubing (High grade & Low Grade).
• Wellhead & Christmastree (High grade & Low Grade). • Wellhead & christmastree (High grade & LowGrade).
• Total Vendor Maintenance (TVM) engine Caterpillar, • Total Vendor Maintenance (TVM) Caterpillar
• Drilling Service (PJP Rig, EWLPP, PSPU, MLU, Coring, engines,
OBM / WBM, Directional Drilling, Top Drive). • Drilling Service (PJP Rig, EWLPP, PSPU, MLU,
• Vendor Held Stock untuk BBM dan Pelumas. Coring,OBM / WBM, Directional Drilling, Top Drive).
• Perawatan kompresor merk Ajax, White Superior • Vendors Held Stock for fuels and lubricants.
dan Cooper Beesemmer. • Maintenance of Ajax compressor, White Superior
• Perawatan gas engine merk Waukesha. and Cooper Beesemmer.
• Maintenance of Waukesha gas engines.
Tahun Owner Estimate PO / Kontrak Penghematan Penghematan

Year Owner Estimate (eqv IDR trillion) PO / Contract (eqv IDR trillion) Saving (eqv IDR trillion) Saving
2012 13.91 13.18 0.73 5.25%
2013 16.73 15.81 0. 91 5.47%
2014 30.94 29.92 1.01 3.29%
PEMANTAUAN PROSES PENGADAAN PROCUREMENT PROCESS MONITORING

Secara berkesinambungan Fungsi SCM melakukan SCM function continuously monitors the procurement
pemantauan proses pengadaan yang menjadi process that is part of supply chain management.
bagian pengelolaan rantai pasokan. Pemantauan The monitoring is conducted to ensure quality
dilakukan untuk memastikan jaminan kualitas assurance of goods and services, through the
barang dan jasa, melalui penerapan sistem implementation of procurement surveillance system,
pengawasan pengadaan, sertifikasi mutu serta quality certification and the provision of safety,
ketentuan keselamatan, kesehatan dan lindung health and environment (HSE).
lingkungan (health, safety and environment atau
HSE).
• Sertifikasi Mutu [G4-15] • Quality Certification [G4-15]

Pertamina EP menerapkan proses pengadaan Pertamina EP implementing procurement processes
dalam pengelolaan rantai pasokan yang memenuhi in supply chain management that meets international
standar internasional, melalui sertifikasi: standards, through the following certifications:
1. ISO 9001:2008 di SCM & GS Kantor Pusat untuk 1. ISO 9001: 2008 in SCM & GS of the Head Office for
pengadaan barang dan jasa. the procurement of goods and services.
2. ISO 27001:2005 di SCM & GS Kantor Pusat untuk 2. ISO 27001: 2005 in SCM & GS of the Head Office
keamanan data dan informasi. for the security of data and information.
3. ISO 27001 : 2013 di SCM & GS Kantor Pusat 3. ISO 27001: 2013 in SCM & GS of the Head Office
untuk keamanan data dan informasi terkait fisik for the security of data and information related
dokumen (termasuk softcopy document). to physical documents (including softcopy
4. ISO 9001 : 2008 di SCM & GS Asset 3 untuk document).
Penyediaan Barang dan Jasa serta Pengelolaan 4. ISO 9001: 2008 in SCM & GS of Asset 3 for the
Hubungan dengan Pelanggan. Provision of Goods and Services and Customer
5. ISO 9001 : 2008 di SCM & GS Asset 2 Field Pendopo Relations Management.
untuk kegiatan Kelogistikan meliputi Penerimaan 5. ISO 9001: 2008 in SCM & GS of Asset 2 Pendopo
Barang, Inventory dan Angkutan. Field for logisticals activities including Receiving of
6. ISO 9001 : 2008 di SCM & GS Asset 2 Field ADERA goods, Inventory and Transportation.
untuk kegiatan Kelogistikan meliputi Penerimaan 6. ISO 9001: 2008 in SCM & GS of Asset 2 Field
Barang, Inventory dan Angkutan. ADERA for logisticals activities including Receiving
7. ISO 9001 : 2008 di SCM & GS Asset 2 Field Limau of goods, Inventory and Transportation.
untuk kegiatan Kelogistikan meliputi Penerimaan 7. ISO 9001: 2008 in SCM & GS of Asset 2 Limau
Barang, Inventory dan Angkutan. Field for logisticals activities including Receiving of
goods, Inventory and Transportation.

8. ISO 9001 : 2008 di SCM & GS Asset 2 Field 8. ISO 9001: 2008 in SCM & GS Asset 2 Prabumulih
Prabumulih untuk kegiatan Kelogistikan meliputi Field for logisticals activities including Receiving
Penerimaan Barang, Inventory dan Angkutan. of goods, Inventory and Transportation.
Selain itu Perusahaan mematuhi standarisasi The Company also complies with standards of
kontrak, proses, form, dan instruksi kerja sesuai contract, process, form, and working instructions in
ketentuan SKK Migas dan PTK 007 Revisi 2. Ketentuan accordance with SKK Migas and PTK 007 Revision 2.
keharusan pemenuhan standar mutu kemudian The requirements for compliance with these quality
disosialisaikan kepada vendor, sehingga mereka standards are then disseminated to vendors, TAC
bisa ikut menerapkan sebagai praktik terbaik tata and KSO partners, thus they can participate in
kelola perusahaan. applying best practices of good governance.

• Health, Safety, Environment (HSE) • Health Safety Environment (HSE)
Ketentuan mengenai HSE tercantum dalam kontrak HSE provisions stipulated in the contract of service
MANAJEMEN
jasa dan kesepakatan kerja dengan vendor yang and work agreement with vendors as well as
diantaranya menjamin menjamin pemenuhan TAC and KSO partners, among others, ensure
kesehatan dan keamanan kerja bagi pekerja compliance with occupational health and safety
kontraktor, mengurangi angka kecelakaan dan for the contractors’ workers, reduce the number
penyakit akibat kerja, serta membangun citra of occupational accidents and disease, as well
positif perusahaan. Perusahaan ikut bertanggung as build the Company's positive image. However,
jawab untuk memastikan para penyedia jasa telah the Company is responsible to ensure the vendors,
mendapatkan Sertifikasi Sistem Manajemen Health, TAC and KSO partners, maintain the performance
Safety & Environment (SMHSE) untuk Pekerjaan Jasa of Pertamina EP Health, Safety, Security and
beresiko tinggi kepada Penyedia Jasa. Hingga akhir Environment (HSSE). By the end of reporting period
periode pelaporan tidak ada vendor atau mitra TAC there were no vendors or TAC and KSO partners that
dan KSO mitra mengabaikan kewajiban mereka neglected their obligation to comply with Pertamina
dalam pemenuhan kinerja HSSE Pertamina EP HSSE EP HSSE performance, thus received sanctions. HSSE
yang menyebabkan penerimaan sanksi. Informasi information can be viewed in the “People” chapter
mengenai HSSE dapat dilihat dalam Bagian of this report.
"Manusia" pada Laporan ini.
SERTIFIKAT SMHSE
SMHSE Certificate
Tahun Year Jumlah Vendor Number of Vendor

2013 206
2014 286
• Tingkat Komponen Dalam Negeri (TKDN) • Domestic Component Level

Tingkat Komponen Dalam Negeri adalah suatu Domestic Component Level is a threshold or a value
batasan atau nilai yang mereprentasikan berapa that represents the level of local content of good/
tingkat kandungan lokal dalam negeri dalam services.
suatu produk barang/jasa.
TINGKAT KOMPONEN DALAM NEGERI

Domestic Component Level
Tahun Year Komitmen TKDN TKDN Commitment

2012 86.71%
2013 66.26%
2014 68.46%

PROSPEK USAHA
Business Prospects
Perekonomian Indonesia masih akan menghadapi Indonesia's economy will continue to face challenges
tantangan di tahun mendatang, baik karena kondisi in the coming years, both because of global
global maupun karena dampak perubahan harga conditions and the impact of changes in fuel prices.
BBM. Meskipun demikian, industri migas berada Nevertheless, the oil and gas industry is in optimistic
dalam kondisi yang optimis. Hasil riset PT Bahana state. Results of research conducted by Bahana
Securities menyebutkan bahwa industri minyak Securities said that the oil and gas industry to be
dan gas menjadi salah satu sektor yang paling one of the most resistant sectors in dealing with the
tahan dalam menghadapi dampak kenaikan BBM, impact of the fuel price hike, with performance that
dengan kinerja yang tetap positif baik sebelum dan remained positive both before and after the increase
sesudah kenaikan harga BBM. Berdasarkan hasil in fuel prices. Based on the results of such research,
riset tersebut, sektor migas mencatatkan kenaikan oil and gas sector recorded an average increase of
rata-rata 25 persen pada 3 bulan sebelum kenaikan 25 percent in the three months prior to the increase
harga BBM, dan 10 persen sesudahnya. in fuel prices, and 10 percent thereafter.
Industri migas juga semakin mendapatkan Oil and gas industry has also been receiving stronger
dukungan kuat dari Pemerintah, yaitu dengan support from the Government, with the plan of a
rencana pemberian sejumlah insentif bagi investor number of incentives for investors and Production
dan Kontraktor Kontrak Kerja Sama (KKKS), Sharing Contractors (PSC), the abolition of Land
penghapusan pengenaan Pajak Bumi dan Bangunan and Building Tax (PBB) in a period of exploration,
(PBB) di masa eksplorasi, dan penyempurnaan and refinement of the licensing mechanism in the
mekanisme perizinan dalam program Pelayanan One Stop Integrated Service (PTSP). The government
Terpadu Satu Pintu (PTSP). Pemerintah juga akan will also extend oil & gas period of the survey work
memperpanjang periode survei wilayah kerja area (WK), which has been one of the obstacles in
(WK) migas yang selama ini menjadi salah satu exploration activities. Especially for projects that
penghambat kegiatan eksplorasi. Khusus untuk are difficult and require a large investment, the
proyek-proyek yang sulit dan membutuhkan Government will increase oil and gas production
investasi besar, Pemerintah akan memperbesar split sharing split.
bagi hasil produksi migas.

Dukungan dari Pemerintah tersebut diharapkan akan Support from the government is expected to be
mampu meningkatkan kinerja Pertamina EP agar able to improve the performance of Pertamina EP
mampu sejalan dengan target produksi PT Pertamina to be in line with a production target of PT Pertamina
(Persero), yang meningkat sekitar sembilan persen (Persero), which is an increase of approximately
dibandingkan prognosa 2014. Apalagi, pada nine percent compared to the prognosis of
tahun 2014, Pertamina EP menghadapi berbagai 2014. Moreover, in 2014, Pertamina EP faced
tantangan yang berpengaruh pada kinerja produksi, various challenges that affected the production
termasuk penurunan cadangan secara alamiah, performance, including decline in natural reserves,
masalah perizinan, tumpang tindih lahan, hingga licensing issues, overlapping land, to increasing land
naiknya nilai tanah. value.
Pada tahun 2025, Pertamina EP menargetkan In 2025, Pertamina EP is targeting oil and gas
produksi minyak dan gas bumi mencapai 2,2 juta production to reach 2.2 million BOEPD which will rely
BOEPD yang akan bertumpu pada produksi dari on production from existing fields and international
lapangan eksisting dan ekspansi internasional. expansion. To achieve these targets, the production
Untuk mencapai target tersebut, produksi harus must grew 7% per year so that the production from

tumbuh 7% per tahun sehingga produksi dari existing fields is projected to reach 900,000 BOEPD
lapangan eksisting diproyeksikan mencapai 900.000 and additional production from international
MANAJEMEN
BOEPD dan tambahan produksi dari ekspansi expansion is expected to reach 600,000 BOEPD.
internasional ditargetkan mencapai 600.000 The rest will be obtained from the increase in
BOEPD. Sisanya akan diperoleh dari peningkatan participation rights, the development of shale gas
hak partisipasi, pengembangan shale gas dan CBM, and CBM, and management of domestic working
dan pengelolaan wilayah kerja domestik yang sudah areas whose contract have expired.
berakhir masa kontraknya.
Untuk mendukung pencapaian target, Pertamina To support the achievement of the target, Pertamina
EP mulai mengembangkan offshore. Pengeboran EP began to develop offshore. Pertamina EP's first
eksplorasi pertama Pertamina EP di laut akan offshore drilling exploration will be conducted in
dilakukan pada tahun 2016 di Blok Glagah, 2016 in Glagah Block, Kambuna, North Sumatra.
Kambuna, Sumatera Utara. Selain itu, upaya In addition, the efforts to find new sources are still
penemuan sumber-sumber baru masih terus carried out throughout Indonesia.
dilakukan di seluruh Indonesia.

ANALISIS DAN
Managements' Discussion and Analysis
ANALISIS KINERJA KEUANGAN

Financial Performance Analysis
Pembahasan dan analisis mengenai tinjauan kinerja The discussion and analysis of the Company's
keuangan Perusahaan dalam Laporan Tahunan financial performance review in the Integrated
Terintegrasi 2014, mengacu kepada Laporan Annual Report 2014 refer to the Financial Statements
Keuangan Pertamina EP untuk tahun buku yang of PT Pertamina EP for the fiscal year ended
berakhir pada 31 Desember 2014, serta tahun buku December 31, 2014, as well as the fiscal years 2013
2013 dan 2012, sebagai pembanding. Laporan and 2012, for comparison. The Financial Statements
Keuangan disusun sesuai Pernyataan Standar are prepared in accordance with Statement of
Akuntansi Keuangan (PSAK) di Indonesia. Financial Accounting Standards (PSAK) of Indonesia.
Laporan Keuangan telah diaudit oleh Kantor Financial Statements have been audited by Public
Akuntan Publik Tanuredja, Wibisana, dan Rekan Accounting Firm Tanuredja, Wibisana, and Partners
(member of Price Waterhouse Coopers), dengan (member of Price Waterhouse Coopers), with an
opini Wajar Tanpa Pengecualian (unqualified unqualified opinion.
Opinion).
Kinerja Keuangan Pertamina EP tahun 2014 Financial Performance of PT Pertamina EP in 2014

menggambarkan pencapaian kinerja hasil kegiatan described the performance achievement results
bisnis Perusahaan, selama periode 1 Januari sampai of the Company's business operations, during the
dengan 31 Desember 2014. period January 1 to December 31, 2014.
PENDAPATAN USAHA OPERATING REVENUES

Pendapatan usaha Perusahaan berasal dari The Company's operating revenue derived from
hasil penjualan minyak mentah, gas bumi dan the domestic sales of crude oil, natural gas, and
liquid petroleum gas (LPG) di dalam negeri, serta liquefied petroleum gas (LPG) as well as overseas
penjualan luar negeri (ekspor). Selama tahun 2014 sales (exports). During 2014, the Company recorded
Perusahaan membukukan pendapatan usaha operating revenues of USD4,710 million, down 6%
USD4.710 juta, turun 6% dari tahun 2013 sebesar from USD5,001 million in 2013.
USD5.001 juta.
Tidak ada pendapatan usaha yang didapat dari There were no revenues derived from government
bantuan finansial Pemerintah, maupun penerimaan financial assistance, or any other revenues as gains
lain sebagai keuntungan dari upaya Perusahaan from the Company's efforts to address global
menyikapi fenomena perubahan iklim global. climate change phenomena. [G4-EC2] [G4-EC4]
[G4-EC2] [G4-EC4]
Total penjualan dalam negeri tahun 2014 adalah Total domestic sales in 2014 amounted to USD4,656
USD4.656 juta, turun USD213 juta atau turun 4% million, down 4% compared to USD4,870 million in
dibanding penjualan tahun 2013 sebesar USD4.870 2013. Whereas, total overseas sales (export) in 2014
juta. Sedangkan total penjualan luar negeri (ekspor) amounted to USD54 million, down USD76 million or
tahun 2014 adalah USD54 juta, turun USD76 juta 59% compared to USD131 million in 2013.
atau turun 59% dibanding tahun 2013 sebesar
USD131 juta.

MANAJEMEN
PENDAPATAN USAHA
Operating Revenues
PENDAPATAN USAHA OPERATING REVENUE

dalam ribuan USD in thousands USD
KETERANGAN 2013 2014 Δ(%) DESCRIPTION
Penjualan dalam negeri minyak mentah, Domestic sales of crude oil,
gas bumi, dan liquefied petroleum gas 4,869,684 4,656,151 (4) natural gas and liquefied
(LPG) Petroleum Gas (LPG)
Penjualan ekspor minyak mentah Export sales of crude oil and
131,198 54,339 (59)
dan gas bumi natural gas
TOTAL 5,000,882 4,710,490 (6) TOTAL
Berkurangnya pendapatan tahun 2014 disebabkan The lower revenues in 2014 was due to crude oil sales
karena penjualan minyak mentah tahun 2014 in 2014 at 42,322 MBBLs, decreased by 836,000
sebesar 42.322 MBBLs mengalami penurunan barrels or down 2% compared to 43,158 MBBLs in
sebesar 836 ribu Barrel atau turun 2% dibandingkan 2013. Crude oil price sold to PT Pertamina (Persero)
tahun 2013 sebesar 43.158 MBBLs. Harga minyak based on weighted average price (WAP) in 2014
mentah Perusahaan yang dijual kepada PT was USD94.74/BBLs, decreased by USD10.23/BBLs
Pertamina (Persero) berdasarkan Weighted Average or down 10% compared to USD104.97/BBLs in 2013.
Price (WAP) tahun 2014 adalah USD94,74/BBLs The decrease of WAP in 2014 was an impact of the
mengalami penurunan sebesar USD10,23/BBLs world oil price decrease in at the end of 2014.
atau turun 10% dibandingkan tahun 2013 sebesar
USD104,97/BBLs. Penurunan WAP perusahaan tahun
2014 merupakan efek dari penurunan harga minyak
dunia pada akhir tahun 2014.
Penjualan gas bumi dan LPG Perusahaan pada Gas and LPG sales in 2014 were 284,834 MMSCF,
tahun 2014 sebesar 284.834 MMSCF mengalami a decrease by 2,336 MMSCF or 0.81% compared
penurunan sebesar 2.336 MMSCF atau menurun to 287,171 MMSCF in 2013. Even though gas and
sebesar 0,81% dibandingkan tahun 2013 sebesar LPG sales in 2014 decreased, the Company was
287,171 MMSCF. Meskipun penjualan gas bumi able to raise gas average sales price to consumers
dan LPG di tahun 2014 mengalami penurunan, to USD6.16/MSCF in 2014, an increase by 4%
Perusahaan mampu menaikkan harga jual rata-rata compared to USD5.92/MSCF in 2013.
gas ke konsumen menjadi USD6,16/MSCF di tahun
2014 atau meningkat sebesar 4% dibandingkan
tahun 2013 sebesar USD5,92/MSCF.

BEBAN USAHA OPERATING EXPENSES

Beban usaha Perusahaan terdiri dari beban Operating expenses consist of exploration expenses,
eksplorasi, beban produksi, beban administrasi dan production expenses, general and administrative
umum, keuntungan lainnya-bersih, pendapatan expenses, other gains-net, finance income and
keuangan, dan biaya keuangan. Beban usaha tahun finance costs. Operating expenses in 2014 were
2014 adalah USD1.969 juta, naik USD233 juta atau USD1,969 million, up USD233 million or 13%
13% dibanding tahun 2013 sebesar USD1.737 miliar. compared to USD1,737 billion in 2013.
BEBAN USAHA
Operating Expenses
BEBAN USAHA OPERATING EXPENSES

KETERANGAN 2013 2014 Δ% DESCRIPTION
Beban eksplorasi 145,590 152,279 5% Exploration expenses
Beban produksi 1,604,691 1,623,084 1% Production expenses
Beban umum dan administrasi 164,142 161,567 (2%) General and administration expenses
Keuntungan lainnya-bersih (246,103) (30,766) (87%) Other gains-net
Pendapatan keuangan (5,067) (9,318) 84% Finance income
Biaya keuangan 73,409 73,008 (1%) Finance cost
TOTAL 1,736,662 1,969,854 13% TOTAL
Pada tahun 2014, beban eksplorasi adalah sebesar In 2014, exploration expenses amounted to USD152
USD152 juta meningkat sebesar 5% dibandingkan million, increased by 5% compared to USD145
dengan tahun 2013 sebesar USD145 juta. million in 2013. This increase was due to an increase
Peningkatan ini disebabkan oleh adanya kenaikan in costs for 3D seismic activities in 2014.
biaya untuk kegiatan seismik 3D di tahun 2014.
Beban produksi terdiri dari biaya untuk memproduksi Production expenses consist of costs to produce oil
minyak dan gas bumi serta biaya penyusutan and gas as well as depreciation expense of assets
aset yang dikelola Perusahaan. Pada tahun 2014, managed by the Company. In 2014, the costs for oil
biaya untuk meproduksikan minyak dan gas bumi and gas production amounted to USD1,623 million
adalah sebesar USD1.623 juta meningkat sebesar million, increased by 1% compared to USD1,605
1% dibandingkan dengan tahun 2013 sebesar million in 2013. This increase was due to an increase
USD1.605 juta. Peningkatan ini disebabkan oleh of contract cost and other costs in 2014. Assets
kenaikan biaya kontrak dan lainnya pada tahun depreciation in 2014 amounted to USD319 million,
2014. Biaya penyusutan aset tahun 2014 adalah increased 9% compared to USD292 million in 2013.
sebesar USD319 juta meningkat 9% dibandingkan The increase was due to the additional depreciation
dengan tahun 2013 sebesar USD292 juta. expenses from the asset capitalization during 2014.
Peningkatan ini disebabkan adanya tambahan
biaya depresiasi dari kapitalisasi aset selama tahun
2014.
Beban umum dan administrasi adalah biaya yang General and administrative expenses are expenses
terdapat di Head Office Perusahaan. Pada tahun incurred at the Head Office of the Company. In 2014,
2014, beban umum dan administrasi adalah general and administrative expenses amounted to
sebesar USD162 juta menurun sebesar 1,57% USD162 million decreased by 1,57% compared to
dibandingkan dengan tahun 2013 sebesar USD164 USD164 million in 2013. This decrease was due to a
juta. Penurunan ini disebabkan oleh penurunan decline in labor costs in 2014.
biaya tenaga kerja ditahun 2014.
Keuntungan lainnya-bersih merupakan transaksi Other gains-net is transactions of foreign exchange

dari perhitungan selisih kurs dan pendapatan denda differences and revenue from penalties to vendors
(penalty) kepada pemasok karena keterlambatan due to delays in delivery of goods and services. In
penyerahan barang dan jasa. Pada tahun 2014, 2014, other gains-net amounted to USD31 million,
keuntungan lainnya-bersih adalah sebesar USD31 decreased by 87% compared to 2013. This decrease
juta menurun sebesar 87% dibandingkan dengan

tahun 2013. Penurunan ini disebabkan oleh kenaikan was due to an increase in the foreign exchange
beban selisih kurs akibat melemahnya nilai tukar expenses due to the weakening rupiah against US
Rupiah terhadap Dollar Amerika di tahun 2014 (rate dollar in 2014 (December 31, 2014 balance sheet
neraca 31 Desember 2014 USD1 = Rp12.196) dan rate USD1=Rp12,196). and a decrease of other
penurunan pendapatan lain-lain di tahun 2014. gains in 2014.
Pendapatan keuangan merupakan penerimaan Finance income is revenues of giro accounts and
jasa giro dan deposito dari penempatan dana deposits from the placement of funds in the bank.
perusahaan di bank. Pada tahun 2014, keuntungan In 2014, net profit amounted to USD9 million,
bersih adalah sebesar USD9 juta meningkat increased compared to 2013. This increase was due
dibandingkan dengan tahun 2013. Peningkatan ini to increased interest rates and an increase in the
disebabkan oleh kenaikan tingkat suku bunga dan fixed-term deposit balances during 2014.
kenaikan saldo penempatan fixed term deposit
selama tahun 2014.
PENDAPATAN LAIN-LAIN BERSIH OTHER INCOME NET

Pendapatan lain-lain bersih merupakan transaksi Other income-net is transactions of foreign
dari perhitungan selisih kurs dan pendapatan denda exchange differences and revenue from penalties
MANAJEMEN
(penalty) kepada pemasok karena keterlambatan to vendors due to delays in delivery of goods and
penyerahan barang dan jasa. Pada tahun 2014, services. In 2014, other income-net amounted to
keuntungan lainnya-bersih adalah sebesar USD31 USD21 million decreased by 87% compared to
juta, menurun sebesar 87% dibandingkan dengan the year 2013 amounted to USD246 million. The
tahun 2013 sebesar USD246 juta. Penurunan reduction was due to an increase in the foreign
ini disebabkan oleh kenaikan beban selisih kurs exchange expense difference due to the weakening
akibat melemahnya nilai tukar Rupiah terhadap rupiah against US dollar in 2014 (December 31,
Dollar Amerika di tahun 2014 (rate neraca 31 2014 balance sheet rate USD1=Rp12,196) and the
Desember 2014 USD1 = Rp12.196) dan penurunan decrease of net other income in 2014
pendapatan lain-lain di tahun 2014
PENDAPATAN LAIN-LAIN BERSIH (dalam ribuan USD)

Net Other Income (in thousands USD)
2012 2013 2014

(121,439) (246,103) (30,766)
BEBAN KEUANGAN FINANCE COST

Beban keuangan merupakan beban akresi ARO Finance cost is accretion expenses of ARO (asset
(asset retirement obligation), beban sewa atas retirement obligation), rent expenses on State
penggunaan Barang Milik Negara dan beban sewa Property utilization and rent expenses on financing
pembiayaan LPG plant dan instalasi pipa gas dari of LPG plant and installation from third parties. In
pihak ketiga. Pada tahun 2014, beban keuangan 2014, finance cost amounted to USD73 million, an
adalah sebesar USD73 juta menurun dibandingkan increase compared to 2013. This increase was due
dengan tahun 2013. Penurunan ini disebabkan oleh to a change in the parameter of ARO accretion
perubahan parameter perhitungan beban akresi expenses calculation in 2014.
ARO di tahun 2014.
PERKEMBANGAN BEBAN KEUANGAN

Finance Cost Progress
KETERANGAN Description 2012 2013 2014 Δ (%)

Beban Bunga – leasing (dalam ribuan USD)
36,545 33,769 26,307 (22%)
Interest Expenses - Leasing (in thousand USD)
Beban Akresi ARO ARO Accretion Expenses 27,593 39,640 46,701 18%
Total 64,138 73,409 73,008 (1%)

BEBAN PAJAK TAX EXPENSES

Beban Pajak terdiri dari taksiran pajak kini dan Tax expenses consist of estimated current tax and
taksiran pajak tangguhan. Beban pajak pada tahun deferred tax. Tax expenses in 2014 amounted to
2014 sebesar USD1.154 juta, menurun sebesar USD1,146 million decreased by USD128 million
USD128 juta dibandingkan dengan beban pajak compared to income tax expenses in 2013, which
pada tahun 2013 yang sebesar USD1.274 juta. amounted to USD1,274 million. The decline was
Penurunan tersebut disebabkan oleh penurunan caused by a decrease in gross revenue due to the
gross revenue karena penurunan harga minyak decline in crude oil prices and a decrease in the
mentah dan penurunan perhitungan taksiran pajak calculation of estimated deferred tax in 2014.
tangguhan di tahun 2014.
PERKEMBANGAN BEBAN PAJAK (dalam ribuan USD)

The Development of Tax Burden (in thousands USD)

Pajak Kini Current Tax 1,110,109 969,093 866,418 (11%)
Pajak Tangguhan
182,430 305,666 288,033 (6%)
Deferred Tax
Total 1,292,539 1,274,759 1,154,450 (9%)
LABA USAHA OPERATING INCOME

Laba sebelum pajak penghasilan merupakan hasil Profit before income tax is the result from operating
pengurangan pendapatan usaha dengan beban revenues deducted by operating expenses. Profit
usaha. Laba sebelum pajak penghasilan tahun 2014 before income tax in 2014 was USD2,740 million,
sebesar USD2.740 juta, turun USD524 juta atau turun decreased by USD524 million or 16% from profit
16% dari laba sebelum pajak penghasilan tahun before income tax in 2013 which was USD3,264,221.
2013 sebesar USD3.264.221.
Penurunan laba sebelum pajak penghasilan The decrease in profit before income tax in 2014
pada tahun 2014 disebabkan oleh penurunan was due to a decrease in revenue and increase in
pendapatan usaha dan kenaikan beban usaha operating expenses compared to 2013.
dibandingkan tahun 2013.
Beban pajak penghasilan tahun 2014 adalah Income tax in 2014 amounted to USD1,154 million,
USD1.154 juta, turun USD120 juta atau turun 9% down USD120 million or 9% compared to USD1,275
dibanding tahun 2013 sebesar USD1.275 juta. million in 2013.
Dengan demikian laba tahun berjalan tahun 2014 Thus the Company's profit for the year 2014 was
yang diperoleh Perusahaan adalah USD1,586 juta. USD1,586 million. This amount decreased USD403
Jumlah tersebut berkurang USD403 juta atau turun million or down by 20% from profit for the year 2013
20% dari laba tahun berjalan tahun 2013, sebesar amounted to USD1,989 million.
USD1.989 juta.
LABA USAHA
Operating Income
PENDAPATAN USAHA OPERATING REVENUE

KETERANGAN 2013 2014 Δ (%) DESCRIPTION
Laba sebelum pajak penghasilan 3,264,221 2,740,636 (16%) Profit before income tax
Beban pajak penghasilan (1,274,759) (1,154,451) (9%) Income tax expenses
Laba tahun berjalan 1,989,462 1,586,185 (20%) Profit for the year

LABA RUGI KONSOLIDASI CONSOLIDATED INCOME STATEMENT
Pada tahun 2014, pencapaian laba rugi In 2014, the achievement of comprehensive income
komprehensif adalah sebesar USD1.586 juta amounted to USD1,586 million, lower than USD1,989
menurun dibandingkan tahun 2013 yang sebesar million in 2013. The decrease was due to crude oil
USD1.989 juta. Penurunan tersebut disebabkan sales in 2014 amounted to 42,322 MBBLs, decreased
oleh penjualan minyak mentah tahun 2014 sebesar by 836 MBBLs or 2% compared to 43,158 MBBLs
42.322 MBBLs mengalami penurunan sebesar 836 in 2013. The Company’s crude oil price sold to PT
mbbls atau turun 2% dibandingkan tahun 2013 Pertamina (Persero) in 2014 was USD94.74/BBLs
sebesar 43.158 MBBLs. Harga minyak mentah based on the weighted average price (WAP). It
Perusahaan yang dijual kepada PT Pertamina decreased by USD10.23/BBLs or 10% compared to
(Persero) berdasarkan weighted average price (WAP) USD104.97/BBLs in 2013. The Company’s WAP down
tahun 2014 adalah USD94,74/BBLs mengalami in 2014 due to the effect of the decline in world oil
penurunan sebesar USD10,23/BBLs atau turun 10% prices at the end 2014.
dibandingkan tahun 2013 sebesar USD104,97/BBLs.
Penurunan WAP perusahaan tahun 2014 merupakan
efek dari penurunan harga minyak dunia pada akhir
tahun 2014.

MANAJEMEN
LABA RUGI KONSOLIDASI (dalam ribuan USD)
Consolidated Income Statement (in thousands USD)

Pendapatan Usaha Operating Revenues 5,318,532 5,000,883 4,710,490 (6%)
Beban Eksplorasi Exploration Expenses 201,589 145,590 152,279 5%
Beban Produksi Production Expenses 1,698,389 1,604,691 1,623,084 1%
Beban Umum dan Administrasi
241,616 164,142 161,567 (2%)
General and Administrative Expenses
Beban Keuangan Finance Cost 64,138 73,409 73,008 (1%)
Pendapatan Keuangan Finance Income 4,691 5,067 9,318 84%
Pendapatan Lain-lain, Bersih
(121,439) (246,103) (30,766) (87%)
Other Income, Net
Laba sebelum Pajak Penghasilan
3,238,930 3,264,221 2,740,636 (16%)
Profit before Income Tax
Beban Pajak Penghasilan
1,292,539 1,274,759 1,154,451 (9%)
Income Tax Expenses
Laba Bersih Net Profit 1,946,391 1,989,462 1,586,185 (20%)
Pendapatan Komprehensif Lainnya
0 0 0 0
Other Comprehensive Income
Jumlah Pendapatan Komprehensif
1,946,391 1,989,462 1,586,185 (20%)
Total Comprehensive Income

ANALISIS POSISI KEUANGAN

Financial Position Analysis
Analisis posisi keuangan merupakan bagian dari Analysis of financial position is part of the financial
laporan keuangan yang mencerminkan kekayaan statements that reflects the company's assets
perusahaan pada periode tertentu. Pada tahun in a particular period. In 2014, Pertamina EP’s
2014, kinerja Pertamina EP mengalami penurunan. performance saw a decreas. Asset decreased by
Jumlah aset pada tahun 2014 mengalami 33% compared to 2013. Equity decreased by 52%
penurunan sebesar 33% dibandingkan dengan compared to 2013. Meanwhile, liabilities increased
tahun 2013, ekuitas mengalami penurunan sebesar by 14 % from 2013.
52% dibandingkan dengan tahun 2013. Sementara,
liabilitas mengalami peningkatan sebesar 14%
dibandingkan tahun 2013
ASET [IR4]
Asset
Total aset Perusahaan tahun 2014 adalah USD8.604 Total assets of the Company in 2014 amounted to
juta, terdiri dari aset lancar USD2.873 juta (33%) USD8,604 million, consisting of current assets of
dan aset tidak lancar USD5.731 juta (67%). Aset USD2,873 million (33%) and non-current assets of
tahun 2014 mengalami penurunan dibandingkan USD5,731 million (67%). Asset in 2014 decreased
dengan total aset pada tahun 2013 yang sebesar compared to total assets in 2013, which amounted
USD12.924 juta. to USD12,924 million.
ASET LANCAR CURRENT ASSETS

Aset lancar Pertamina EP pada tahun 2014 Current assets of Pertamina EP in 2014 decreased
mengalami penurunan sebesar 65% dibandingkan by 65% compared to current assets in 2013. This
dengan aset lancar pada tahun 2013. Penurunan ini decrease was due to a decrease in trade receivables
disebabkan oleh berkurangnya piutang usaha pihak from related parties as a result of the dividend
berelasi akibat adanya pembagian deviden kepada distribution to the Company’s shareholders.
para pemegang saham Perusahaan.
Piutang usaha berkontribusi paling besar terhadap Trade receivables contributed most to total current
total aset lancar Pertamina EP pada tahun 2014 assets of Pertamina EP in 2014 with a decrease of
dengan penurunan sebesar USD5.354 juta atau USD5,354 million or 72%.
turun 72%.
KOMPOSISI ASET LANCAR (dalam ribuan USD)

Current Asset Composition (in thousands USD)
Periode Pelaporan Reporting Period

KETERANGAN Description
2012 2013 2014 Δ(%)
Kas dan Setara Kas
114,554 209,461 169,235 (19%)
Cash and Cash Equivalent
Piutang Usaha Trade Receivables 6,115,794 7,448,323 2,094,589 (72%)
Piutang dari Pemerintah
103,573 71,514 78,767 10%
Amount due from the Government
Piutang Lain-lain Other Receivables 22,098 45,955 15,295 (67%)
Persediaan Inventories 115,916 148,550 150,051 1%
PPN yang Dapat Ditagihkan Kembali
200,101 232,107 314,471 35%
Reimbursable VAT
Uang Muka dan Biaya Dibayar Di Muka
47,100 33,656 50,426 50%
Advances and prepayments
Total 6,719,135 8,189,566 2,872,834 65%

Kas dan Setara Kas Cash and cash equivalents
Pada tahun 2014, Kas dan Setara Kas adalah In 2014, Cash and Cash Equivalents were USD169
sebesar USD169 juta menurun dibandingkan dengan million, a decrease compared to 2013, which
tahun 2013 yang sebesar USD209 juta. Penurunan amounted to USD209 million. The decrease was due
ini disebabkan oleh penurunan penerimaan dari to the declining revenue from gas sales to third party
penjualan gas kepada pihak ketiga dan tidak ada and there was no DMO fee revenue from Ministry of
penerimaan dana atas DMO fee dari Kementrian Finance.
Keuangan.
KAS DAN SETARA KAS (dalam ribuan USD)

Cash and cash equivalents (in thousands USD)

MANAJEMEN
PERIODE PELAPORAN Reporting Period
KETERANGAN Description
2012 2013 2014 Δ(%)
Arus Kas dari aktivitas operasi
652,978 1,119,466 897,674 (25%)
Cash flow from operations activities
Arus Kas dari aktivitas investasi
(681,341) (1,004,712) (932,351) (14%)
Cash flow from investment activities
Arus Kas dari aktivitas pendanaan
(23,682) (4,507) (1,279) (73%)
Cash flow from financing activities
(Penurunan)/kenaikan bersih kas dan setara kas
(52,045) 110,246 35,956 (67%)
Net (Decrease)/Increase cash and cash equivalent
Saldo Kas dan setara kas pada awal tahun
Balance Cash and cash equivalents at beginning 171,999 114,554 209,461 83%
of year
Efek perubahan nilai kurs pada kas dan setara kas
Effect of changes in exchange rates on cash and (5,400) (15,339) (4,270) (72%)
cash equivalents
Saldo kas dan setara kas pada akhir tahun
114,554 209,461 169,235 (19%)
Total Cash and Cash Equivalents
Piutang Usaha Trade Receivables

Piutang Usaha adalah jumlah tagihan dari Trade Receivables are the amount of bills to
pelanggan untuk penjualan minyak dan gas bumi customers for the sales of oil and natural gas in
yang dilakukan dalam kegiatan usaha Perusahaan. the Company's business activities. In 2014, Trade
Pada tahun 2014, Piutang Usaha adalah sebesar Receivables amounted to USD2,095 million, a
USD2.095 juta menurun dibandingkan dengan decrease compared to USD7,448 million in 2013.
tahun 2013 yang sebesar USD7.448 juta. Penurunan The decrease was due to the lessening trade
ini disebabkan oleh berkurangnya piutang usaha receivables of related party due to dividend share to
pihak berelasi akibat adanya pembagian deviden the Company's shareholders.
kepada para pemegang saham Perusahaan.
Kebijakan Pertamina EP dalam Piutang Usaha Pertamina EP’s policy in Trade Receivables is
adalah diharapkan tertagih dalam satu tahun atau expected to be collectible within one year or less,
kurang, piutang tersebut dikelompokkan sebagai the receivable is classified as current asset. If not,
aset lancar. Jika tidak, piutang tersebut disajikan the receivables are presented as non-current assets.
sebagai aset tidak lancar.
PIUTANG USAHA (dalam ribuan USD)

Trade Receivables (in thousands USD)
2012 2013 2014 Δ(%)

6,115,794 7,448,323 2,094,589 (72%)

Piutang Dari Pemerintah Amount due from the Government

Pada tahun 2014, Piutang dari Pemerintah adalah In 2014, amount due from the Government was
sebesar USD79 juta meningkat dibandingkan USD79 million increased compared to 2013, which
dengan tahun 2013 yang sebesar USD72 juta. amounted to USD72 million. The increase was due to
Peningkatan ini disebabkan oleh kenaikan piutang the increase of underlifting receivables in 2014.
underlifting tahun 2014.
PIUTANG DARI PEMERINTAH (dalam ribuan USD)

Amount due from the Government (in thousands USD)

2012 2013 2014 Δ(%)
103,573 71,514 78,767 10%
Piutang Lain-lain Other receivables

Piutang Lain-lain terdiri atas tagihan-tagihan yang Other receivables consist of bills that are not included
tidak termasuk dalam hasil penjualan minyak, in the revenues from oil sales, which are receivables
dalam hal ini merupakan piutang dari pihak berelasi from related parties and third parties.
maupun dari pihak ketiga.
Pada tahun 2014, Piutang Lain-lain adalah sebesar In 2014, Other Receivables amounted to USD15
USD15 juta menurun dibandingkan dengan tahun million decreased compared to 2013, which
2013 yang sebesar USD46 juta. Penurunan ini amounted to USD46 million. This decrease was due
disebabkan oleh adanya pemenuhan kewajiban to the fulfillment of the liabilities from related parties
dari para pihak terkait yang berhubungan dengan of the Company.
Perusahaan.
PIUTANG LAIN-LAIN (dalam ribuan USD)

Other Receivables (in thousands USD)
KETERANGAN Description 2012 2013 2014 Δ(%)

Pihak yang Berelasi Related Party 4,615 3,502 2,307 (34%)
Pihak Ketiga Third Party 17,482 42,453 12,988 (69%)
Jumlah Piutang Lain-lain Total Other Receivables 22,097 45,955 15,295 (67%)
Persediaan Inventories
Persediaan merupakan material umum yang Inventories are general materials used by the
digunakan Perusahaan untuk menjalankan akitivitas Company to carry out its operations.
operasi.
Persediaan terdiri dari suku cadang, bahan bakar, Inventories consist of spare parts, fuel, lubricants,
pelumas, bahan kimia dan perlengkapan yang chemicals and supplies valued at acquisition price
dinilai dengan harga perolehan dikurangi provisi net of provision for obsolete and slow moving
persediaan using dan bergerak lambat. inventory.
Pada tahun 2014, persediaan telah diasuransikan In 2014, inventories are insured against fire, theft,
terhadap risiko kebakaran, pencurian, dan risiko and other risks that may arise. Management believes
lain yang mungkin terjadi. Manajemen berpendapat that the coverage is sufficient to cover possible
bahwa nilai pertanggungan tersebut cukup untuk losses arising from the insured inventories.
menutup kemungkinan kerugian yang timbul dari
persediaan yang diasuransikan.
Pada tahun 2014, jumlah Persediaan adalah In 2014, the Inventory amounted to USD150 million,
sebesar USD150 juta meningkat dibandingkan an increase compared to 2013, which amounted
dengan tahun 2013 yang sebesar USD149 juta. to USD149 million. The increase was due to an
Peningkatan ini disebabkan oleh adanya kenaikan increase in the purchase of materials to support the
pembelian material untuk mendukung kegiatan Company's operations during 2014.
operasi Perusahaan selama tahun 2014.
PERSEDIAAN (dalam ribuan USD)

Inventory (in thousands USD)
2012 2013 2014 Δ(%)

115,916 148,550 150,051 1%

PPN yang Dapat Ditagihkan Kembali Reimbursable VAT
Pada tahun 2014, PPN yang Dapat Ditagihkan In 2014, Reimbursable VAT amounted to USD314
Kembali adalah sebesar USD314 juta meningkat million, an increase compared to 2013, which
dibandingkan dengan tahun 2013 yang sebesar amounted to USD232 million. This increase was due
USD232 juta. Peningkatan ini disebabkan oleh to additional VAT reimbursement to the government
adanya penambahan reimbursement PPN ke during 2014.
pemerintah selama tahun 2014.
PPN YANG DAPAT DITAGIHKAN KEMBALI (dalam ribuan USD)

Reimbursable VAT (in thousands USD)
2012 2013 2014 Δ(%)

200,101 232,107 314,471 35%
Uang Muka dan Biaya Dibayar Dimuka Advances and Prepayments

Pada tahun 2014, Uang Muka dan Biaya Dibayar In 2014, Advances and Prepayments amounted to
Dimuka adalah sebesar USD50 juta meningkat USD50 million, an increase compared to 2013, which
MANAJEMEN
dibandingkan dengan tahun 2013 yang sebesar amounted to USD34 million. This increase was due to
USD34 juta. Peningkatan ini disebabkan oleh higher cash calls, third party advances and prepaid
kenaikan cash call, uang muka pihak ketiga dan rent during 2014.
prepaid rent selama tahun 2014.
UANG MUKA DAN BIAYA DIBAYAR DIMUKA (dalam ribuan USD)

Advances and Prepayments (in thousands USD)
2012 2013 2014 Δ(%)

47,100 33,656 50,426 50%
ASET TIDAK LANCAR NON-CURRENT ASSETS

Aset Tidak Lancar terdiri dari Aset Minyak dan Non current Assets consist of Oil and Gas Assets and
Gas dan Aset Lain-lain. Aset Tidak Lancar pada Other Assets. Non-Current Assets in 2014 amounted
tahun 2014 sebesar USD5.704 juta meningkat to USD5,704 million, an increase compared to 2013,
dibandingkan tahun 2013 yang sebesar which amounted to USD4,735 million. The increase
USD4.735 juta. Peningkatan tersebut disebabkan was due to additional fixed asset capitalization and
oleh penambahan kapitalisasi aset tetap dan additional ASR balances during 2014.
penambahan saldo ASR selama tahun 2014.
KOMPOSISI ASET TIDAK LANCAR (dalam ribuan USD)

Non-current Assets Composition (in thousands USD)
Keterangan Description 2012 2013 2014 Δ(%)

Dana Yang Dibatasi Penggunaannya
76,281 122,818 159,924 30%
Restricted Funds
Aset Minyak dan Gas Oil and Gas Asset 4,117,287 4,611,866 5,571,209 21%
Aset Lain-lain Other Assets 8 90 82 -8%
Total 4,201,357 4,734,774 5,731,215 21%
Dana Yang Dibatasi Penggunaannya Restricted Fund

Pada tahun 2014, dana yang dibatasi In 2014, restricted funds amounted to USD160
penggunaannya adalah sebesar USD160 juta million, an increase compared to USD123 million
meningkat dibandingkan dengan tahun 2013 yang in 2013. This increase was due to additional ASR
sebesar USD123 juta. Peningkatan ini disebabkan (abandoned site restoration) balance in 2014.
oleh penambahan saldo ASR (abandon site
restoration) di tahun 2014.

Aset Minyak dan Gas Bumi Oil and Gas Assets

Pada tahun 2014, Aset Minyak dan Gas Bumi adalah In 2014, Oil and Gas Assets amounted to USD5,571
sebesar USD5.571 juta meningkat dibandingkan million, an increase compared to 2013, which
dengan tahun 2013 yang sebesar USD4.612 juta. amounted to USD4,612 million. The increase was
Peningkatan ini disebabkan oleh penambahan due to additional oil and gas asset capitalization
kapitalisasi aset minyak dan gas bumi selama tahun during 2014.
2014.
Aset Lain-lain Other Assets

Pada tahun 2014, Aset Lain-lain adalah sebesar In 2014, Other Assets amounted to 83,000, a
USD83 ribu menurun dibandingkan dengan tahun decrease compared to 2013, which amounted to
2013 yang sebesar USD90 ribu. Penurunan ini USD90,000. The decrease was due to decrease in
disebabkan oleh berkurangnya saldo piutang employee receivables balance in 2014.
pegawai di tahun 2014.
LIABILITAS
Liabilities
Liabilitas perusahaan terdiri dari Liabilitas Jangka The Company’s Liabilities consist of Current Liabilities
Pendek dan Liabilitas Jangka Panjang. Total and Long Term Liabilities. The Company’s Total
liabillitas Perusahaan tahun 2014 adalah USD4.192 Liabilities in 2014 amounted to USD4,192 million,
juta, terdiri liabilitas jangka pendek sebesar consisting of short-term liabilities of USD1,325 (32%)
USD1.325 (32%) dan liabilitas jangka panjang and long-term liabilities of USD2,867 million (68%).
sebesar USD2.867 juta (68%). Total liabilitas tersebut Total liabilities increased by 14% compared to total
meningkat sebesar 14% dibandingkan dengan total liabilities in 2013, which amounted to USD3,677
liabilitas tahun 2013 yang sebesar USD3.677 juta. billion.
Peningkatan liabilitas terbesar terjadi pada utang The largest liability increase was at other payables
lain-lain sebesar 270% dibandingkan dengan tahun of 270% compared to 2013. This was due to the
2013. Hal ini disebabkan oleh reklasifikasi selisih reclassification of difference of State Property lease
utang lease BMN akibat pemenuhan kewajiban payables due to the fulfillment of the Company's
Perusahaan kepada Pemerintah di tahun 2014. liabilities to the Government in 2014.
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Liabilitas lancar adalah utang-utang yang harus Current liabilities are debts that must be repaid within
dipenuhi dalam tempo satu tahun. Jenis Liabilitas one year. Current liabilities consist of Trade Payable,
Lancar terdiri dari Utang Usaha, Utang kepada Amount Due to the Government, Accrued Expenses,
Pemerintah, Biaya yang Masih Harus Dibayar, Utang Other Payables, Customer Advances, Tax Payable,
lain-lain, Uang Muka Pelanggan, Utang pajak, dan and Finance Lease Payables, Current portion.
Utang sewa pembiayaan porsi jangka pendek.
KOMPOSISI LIABILITAS JANGKA PENDEK (dalam ribuan USD)

Current Liabilities Composition (in thousands USD)

Keterangan Description
2012 2013 2014 Δ(%)
Utang Usaha Trade Payables 306,340 444,027 679,227 53%
Utang Kepada Pemerintah
377,439 293,451 99,926 (66%)
Amount Due to the Government
Biaya Yang Masih Harus Dibayar Accrued Expenses 432,632 469,757 462,758 (1%)
Utang Lain-lain Other Payables 57,770 5,379 4,991 (7%)
Uang Muka Pelanggan Customer Advances 14,056 23,228 20,564 (11%)
Pajak Penghasilan dan Deviden
193,808 172,401 38,053 (78%)
Income Tax and Dividends
Utang Pajak Lainnya Other Tax Payables 28,339 15,772 18,830 19%
Utang Sewa Pembiayaan Porsi Jangka Pendek
4,507 637 777 22%
Finance Lease Payables, Current portion
Utang Deviden Dividend Payable 286 0 0 0
Total 1,415,177 1,424,652 1,325,126 (7%)

Utang Usaha Trade Payables
Pada tahun 2014, Utang Usaha sebesar USD679 In 2014, Trade Payables amounted to USD679 million,
juta meningkat sebesar 53% dibandingkan dengan increased 53% compared to Trade Payables in 2013,
Utang Usaha pada tahun 2013 yang sebesar which amounted to USD444 milion. The increase
USD444 juta. Peningkatan ini disebabkan oleh was due to increased transactions with related
meningkatnya transaksi dengan para pihak berelasi parties and third parties in an effort to maintain the
dan pihak ketiga sebagai upaya untuk menjaga Company’s oil and gas production.
produksi minyak dan gas bumi Perusahaan.
Utang Kepada Pemerintah Amount Due to the Government

Utang kepada Pemerintah sebesar USD100 juta Amount Due to the Government amounted to
menurun sebesar 66% dibandingkan dengan USD100 million decreased 66% compared to Amount
Utang kepada Pemerintah pada tahun 2013 yang Due to the Government in 2013, which amounted to
sebesar USD293 juta. Penurunan ini disebabkan USD293 million. The decrease was due to liability
oleh pemenuhan kewajiban current portion utang fulfillment of State Property lease payables, current
lease BMN sampai dengan 30 Juni 2014 kepada portion up to June 30, 2014 to the Government.
Pemerintah.

Biaya yang Masih Harus Dibayar Accrued expenses
MANAJEMEN
Biaya yang Masih Harus Dibayar pada tahun Accrued expenses in 2014 amounted to USD463
2014 sebesar USD463 juta menurun sebesar 1% million, decreased 1% compared to Accrued
dibandingkan dengan biaya yang masih harus expenses in 2013, which amounted to USD470
dibayar pada tahun 2013 yang sebesar USD470 million. The decrease was due to a decrease in the
juta. Penurunan ini disebabkan oleh menurunnya accrual transactions to the third parties (vendors)
transaksi accrual kepada pihak ketiga (pemasok) during 2014.
selama tahun 2014.
BIAYA YANG MASIH HARUS DIBAYAR (dalam ribuan USD)

Accrued expenses (in thousands USD)

2012 2013 2014 Δ(%)
Pemasok dan Kontraktor Suppliers and Contractors 303,855 373,036 348,528 (7%)
Bonus dan Insentif Bonus and Incentives 30,933 28,983 39,128 35%
Lain-lain Other 97,844 67,738 75,102 11%
Jumlah Biaya yang Masih Harus Dibayar
432,632 469,757 462,758 (1%)
Total Accrued Expenses
Utang Lain-lain Other Payables

Utang Lain-lain terjadi akibat dari transaksi Other Payables are resulted from transactions to the
kepada Pihak Berelasi dan Pihak Ketiga. Utang Related Parties and Third Parties. Other payables
lain-lain sebagian besar merupakan transaksi atas are mostly transactions on the reimbursement of
penggantian biaya kesehatan, konsultasi pelatihan, medical expenses, training consultancy and travel
dan biaya perjalanan. expenses.
Pada tahun 2014, Utang Lain-lain sebesar USD5 juta In 2014, Other Payables amounted to USD5 million,
menurun sebesar 7% dibandingkan dengan Utang decreased by 7% compared to Other Payables
Lain-lain pada tahun 2013 yang sebesar USD5 juta. in 2013, which amounted to USD5 million. The
Penurunan ini disebabkan oleh reklasifikasi selisih decrease was due to the reclassification of finance
utang lease BMN dari utang kepada Pemerintah. lease on State Property difference of amounts due to
the Government.
Uang Muka Pelanggan Customer Advances
Pada tahun 2014, Uang muka pelanggan sebesar In 2014, customer advances amounted to USD21
USD21 juta menurun sebesar 11% dibandingkan million, decreased by 11% compared to customer
dengan uang muka pelanggan pada tahun 2013 advances in 2013 amounted to USD23 million.
sebesar 23 juta.
Pajak Penghasilan dan Deviden Income Tax and Dividend

Pajak Penghasilan dan Deviden sebesar USD38 juta Income Tax and Dividend amounted to USD38
menurun sebesar 78% dibandingkan dengan pajak million, decreased 78% compared to Income Tax
penghasilan dan dividen pada tahun 2013 yang and Dividend in 2013, which amounted to USD172
sebesar USD172 juta. Penurunan ini disebabkan oleh million. The decrease was due to the decrease in
penurunan saldo current tax liabilities sehubungan current tax liabilities balance in respect with the
dengan penurunan laba Perusahaan di tahun 2014. decrease of the Company's profits in 2014.

Utang Pajak Lainnya Other Tax Payables

Utang Pajak Lainnya sebesar USD19 juta meningkat Other Tax Payables amounted to USD19 million
sebesar 19% dibandingkan dengan Utang Pajak increased 19% compared to Other Tax Payables
Lainnya pada tahun 2013 yang sebesar USD16 juta in 2013, which amounted to USD16 million. The
Peningkatan ini disebabkan oleh kenaikan saldo increase was due to higher balance of income tax
utang pajak penghasilan (PPh 21, PPh 4, PPh 23, PPh payables (PPh 21, PPh 4, PPh 23, PPh 15) and VAT
15) dan saldo utang PPN selama tahun 2014. payable balance during 2014.
Utang Sewa Pembiayaan, Porsi Jangka Pendek Finance Lease Payables, Current Portion
Utang Sewa Pembiayaan, Porsi Jangka Pendek The finance lease payables, current portion was
sebesar USD777 ribu meningkat sebesar 22% USD777,000, increased 22% compared to finance
dibandingkan dengan Utang Sewa Pembiayaan, lease payables, current portion in 2013, which
Porsi Jangka Pendek pada tahun 2013 yang sebesar amounted to USD637,000. The increase was due to
USD637 ribu. Peningkatan ini disebabkan oleh the charging of finance lease interest on LPG plant
pembebanan biaya bunga lease LPG plant di tahun in 2014.
2014.
LIABILITAS TIDAK LANCAR NON-CURRENT LIABILITIES

Liabilitas Jangka Panjang terdiri dari utang kepada Non-current liabilities consist of Amount due to
pemerintah, utang sewa pembiayaan porsi jangka the government; Finance lease payables, non-
panjang, utang jangka panjang lain-lain kepada current portion; other non-current payables to
pemerintah, pendapatan yang ditangguhkan, the government; deferred revenue; deferred tax
liabilitas pajak tangguhan, provisi imbalan kerja, liabilities; provisions for employee benefits, provision
provisi untuk biaya pembongkaran, restorasi lokasi for decommisioning and asset site restoration
asset (ASR). Pada tahun 2014, Liabilitas Jangka (ASR). In 2014, Long-Term Liabilities amounted
Panjang sebesar USD2.867 juta meningkat sebesar to USD2,852 million, increased 27% compared to
27% dibandingkan tahun 2013 yang sebesar USD2,253 million in 2013.
USD2.253 juta.
Peningkatan terbesar terjadi pada provisi untuk The largest increase was in the provision for
biaya pembongkaran dan restorasi lokasi asset decommisioning and asset site restoration (ASR),
(ASR) yang sebesar 34% dibandingkan tahun 2013. which was up 34% compared to 2013. This was due
Hal ini disebabkan oleh adanya perubahan estimasi to changes in the time estimate and amount of
waktu dan jumlah kas yang akan dikeluarkan serta cash that will be disbursed as well as changes in the
perubahan tarif diskonto di tahun 2014. discount rate in 2014.
KOMPOSISI KEWAJIBAN JANGKA PANJANG (dalam ribuan USD)

Non-current Liabilities Composition (in thousands USD)

2012 2013 2014 Δ(%)
Utang Kepada Pemerintah
183,283 144,454 140,782 (3%)
Amounts Due to the Government
Utang Sewa Pembiayaan Porsi Jangka Panjang
4,224 3,587 2,811 (22%)
Finance Lease Payables, Non-current Portion
Pendapatan yang Ditangguhkan Deferred Revenue 66,560 67,064 68,582 2%
Liabilitas Pajak Tangguhan Deferred Tax Liabilities 744,607 1,050,273 1,338,307 27%
Provisi Imbalan Kerja Provision for Employee Benefits 30,562 38,895 41,423 7%
Provisi Untuk Pembongkaran dan Restorasi Lokasi Aset
1,218,549 948,423 1,275,450 34%
Provision for Decommisioning and Asset Site Restoration
Total 2,247,785 2,252,696 2,867,355 27%
Utang Kepada Pemerintah Amounts due to the Government

Utang Kepada Pemerintah sebesar USD141 juta Amounts due to the Government amounted to
menurun sebesar 3% dibandingkan dengan Utang USD141 million decreased 3% compared to those
Usaha pada tahun 2013 yang sebesar USD144 juta. in 2013, which amounted to USD144 million. The
Penurunan ini disebabkan oleh adanya pembayaran decrease was due to payment of finance lease
utang lease BMN di tahun 2014 kepada Pemerintah. payables on BMN in 2014 to the Government.

Utang Sewa Pembiayaan, Porsi Jangka Panjang Finance lease payables, Non-current Portion
Utang Sewa Pembiayaan, Porsi Jangka Panjang Finance Lease Payables, Non-current Portion
sebesar USD3 juta menurun sebesar 22% amounted to USD3 million, decreased 22%
dibandingkan dengan Utang Sewa Pembiayaan, compared to those in 2013, which amounted to
Porsi Jangka Panjang pada tahun 2013 yang USD4 million, The decrease was due to finalization of
sebesar USD4 juta. Penurunan ini disebabkan oleh lease contract on LPG plant asset.
adanya finalisasi kontrak lease asset LPG plant.
Liabilitas Pajak Tangguhan Deferred Tax Liabilities

Liabilitas Pajak Tangguhan sebesar USD1.338 juta Deferred Tax Liabilities amounted to USD1,338
meningkat sebesar 27% dibandingkan dengan million, increased 27% compared to those in 2013,
Liabilitas Pajak Tangguhan pada tahun 2013 yang which amounted to USD1,050 million. The increase
sebesar USD1.050 juta. Peningkatan ini disebabkan was due to additional write-off of deferred tax on
oleh penambahan penghapusan deffered tax atas severance pay allowance and settlement of lease
cadangan pesangon dan settlement porsi jangka on State Property assets current portion as of June
pendek lease asset BMN sampai dengan Juni 2014. 2014.

Provisi Imbalan Kerja
Provisi Imbalan Kerja sebesar USD41 juta meningkat Provision for Employee Benefits
MANAJEMEN
sebesar 7% dibandingkan dengan Provisi Imbalan Provision for Employee Benefits increased 7%
Kerja pada tahun 2013 yang sebesar USD39 compared to that in 2013, which amounted to USD39
juta. Peningkatan/penurunan ini disebabkan oleh million. The increase was due to the increasing past
kenaikan biaya past service liabilities sampai dengan service liabilities cost until December 2014 based on
Desember 2014 berdasarkan actuary report. actuary report.
Provisi Untuk Pembongkaran Provision for Decommissioning

dan Restorasi Lokasi Aset and Asset Site restoration
Provisi Untuk Pembongkaran dan Restorasi Lokasi Provision for Decommissioning and Asset Site
Aset sebesar USD1.275 juta meningkat sebesar 34% restoration amounted to USD1,275 increased 34%
dibandingkan dengan Provisi Untuk Pembongkaran compared to that in 2013, which amounted to
dan Restorasi Lokasi Aset pada tahun 2013 yang USD948 million. The increase was due to a change
sebesar USD948 juta. Peningkatan ini disebabkan in the time estimates and amount of cash to be
oleh adanya perubahan estimasi waktu dan jumlah disbursed as well as changes in the discount rate in
kas yang akan dikeluarkan serta perubahan tarif 2014.
diskonto di tahun 2014.

EKUITAS
Equity
Kebijakan permodalan dan pendanaan Pertamina Capital and funding policies of Pertamina EP is fully
EP sepenuhnya diatur oleh PT Pertamina (Persero) governed by PT Pertamina (Persero) as the main
selaku pemegang saham utama. Sebagai shareholder. As a subsidiary company, Pertamina
anak perusahaan, Pertamina EP tidak memiliki EP does not have the authority to get any loans,
kewenangan untuk melakukan pinjaman, naik both short-term and long-term loans. Therefore,
pinjaman jangka pendek maupun pinjaman jangka Pertamina EP’s capital depends on PT Pertamina
panjang. Oleh karena itu, penerimaan modal (Persero).
Pertamina EP bergantung pada PT Pertamina
(Persero).
PT Pertamina (Persero) melakukan monitor PT Pertamina (Persero) monitors the capital based
permodalan berdasarkan rasio jumlah utang on the debt to capital ratio. Net debt is calculated
terhadap modal. Utang neto dihitung dari jumlah from total loans, including short-term and long-term
pinjaman termasuk jangka pendek dan jangka loans, while capital is calculated from the 'equity'.
panjang, sedangkan modal dihitung dari “ekuitas” in the statement of financial position. Pertamina
yang ada pada laporan posisi keuangan. Sasaran has set the target to achieve debt to equity ratio at
Pertamina adalah untuk mencapai rasio utang 89.76%.
terhadap ekuitas sebesar 89,76%.
Pada tahun 2014, total ekuitas Pertamina EP sebesar In 2014, Pertamina EP’s total equity amounted to
USD4.412 juta menurun sebesar 52% dibandingkan USD4,412 million, decreased 52% compared to that
dengan ekuitas tahun 2013 yang sebesar USD9.247 in 2013, which amounted to USD9,247 million. The
juta. Penurunan ini disebabkan oleh adanya decrease was due to the payment of dividends to
pembayaran deviden kepada para pemegang shareholders in 2014.
saham di tahun 2014.
KOMPOSISI EKUITAS (dalam ribuan USD)

Equity Composition (in thousands USD)

2012 2013 2014 Δ(%)
Modal Saham Share Capital 24,730 24,730 24,730 0
Saldo Laba Retained Earnings 7,232,800 9,222,262 4,386,838 (52%)
Total 7,257,530 9,246,992 4,411,568 (52%)

LAPORAN ARUS KAS
Statements Of Cash Flow
LAPORAN ARUS KAS (dalam ribuan USD)

Cash Flow (in thousands USD)

2012 2013 2014 Δ(%)
Arus Kas Dari Aktivitas Operasi
652,978 1,197,406 897,674 (25%)
Cash Flows from Operating Activities
Arus Kas Dari Aktivitas Investasi
(681,341) (1,082,368) (932,351) (14%)
Cash flows from invesing Activities
Arus Kas Dari Aktivitas Pendanaan
(22,682) (4,792) (1,279) (73%)
Cash flows from Financing Activities

(Penurunan/Kenaikan) Bersih Kas dan Setara Kas
(52,045) 110,246 (35,956) (67%)
Net (Decrease) Increase in Cash and Cash Equivalents
MANAJEMEN
Saldo Kas dan Setara Kas Pada Awal Tahun
171,999 114,554 209,461 83%
Cash and Cash Equivalents at Beginning of Year
Efek Perubahan Nilai Kurs Pada Kas dan Setara Kas
Effect of Exchange Rate Changes on Cash (5,400) (15,339) (4,270) (72%)
and Cash Equivalents
Saldo Kas dan Setara Kas Pada Akhir Tahun
Effect of Exchange Rate Changes on Cash 114,554 209,461 169,235 (19%)
and Cash Equivalents
Arus Kas dari Aktivitas Operasi diantaranya meliputi Cash Flows from Operating Activities include
Penerimaan kas dari pelanggan, penerimaan kas Cash receipts from customers, cash receipts for
untuk penggantian biaya, pembayaran kas kepada reimbursement, cash payments to suppliers, and
pemasok, dan karyawan, pembayaran pajak employees, income tax payments and receipts
penghasilan, dan penerimaan dari pendapatan from interest income. In 2014 the amount of cash
bunga. Pada tahun 2014 jumlah kas yang dihasilkan generated from operating activities amounted to
dari aktivitas operasi adalah sebesar USD897 juta USD897 million or decreased 25% compared to that
atau menurun 25% dibandingkan tahun 2013 yang in 2013, which amounted to USD1,197 million. The
sebesar USD1.197 juta. Penurunan ini terutama decrease was mainly due to the declining of 2014
disebabkan oleh Penurunan lifting gas di tahun 2014 gas lifting that caused gas revenue fell short of its
sehingga target penerimaan penjualan gas tidak target.
tercapai.
Arus Kas dari Aktivitas Investasi terjadi sebagai akibat Cash Flows from Investing Activities are resulted from
dari Pembayaran untuk perolehan aset minyak dan the payment for the acquisition of oil and gas assets.
gas bumi. Pada tahun 2014 jumlah pengeluaran kas In 2014 total cash disbursements from investing
dari aktivitas investasi adalah sebesar USD932 juta activities amounted to USD932 million, decreased by
menurun sebesar 14% dibandingkan dengan tahun 14% compared to those in 2013, which amounted to
2013 yang sebesar USD1.082 juta. Penurunan ini USD1,082 million. The decrease was due to the lower
disebabkan oleh realisasi pencapaian Investasi di investment achievement in 2014 compared to 2013.
tahun 2014 lebih rendah dari tahun 2013.
Arus Kas dari Aktivitas Pendanaan disebabkan oleh Cash Flows from Financing Activities are resulted
adanya aktivitas pendanaan yaitu penerimaan from financing activities, which are revenues from
dari pihak yang berelasi dan pembayaran kas related parties and cash payments to related
kepada pihak berelasi. Pada tahun 2014 jumlah parties. In 2014 total cash income from financing
pendapatan kas aktivitas pendanaan sebesar USD1 activities amounted to USD1 million, decreased by
juta menurun sebesar 73% dibandingkan tahun 73% compared to that in 2013, which amounted to
2013 yang sebesar USD5 juta. USD5 million.
Posisi kas dan setara kas per 31 Desember 2014 Cash and cash equivalents position as of December
sebesar USD169 juta menurun sebesar 19% 31, 2014 was USD169 million, decreased by 19%
dibandingkan tahun 2013 yang sebesar USD209 compared to that in 2013, which amounted to
juta. Penurunan tersebut disebabkan oleh penurunan USD209 million. The decrease was due to declining
penerimaan arus kas dari aktivitas operasi. cash flow revenue from operations activities.

RASIO KEMAMPUAN MEMBAYAR UTANG DAN TINGKAT

KOLEKTIBILITAS PIUTANG PERUSAHAAN
Solvency Ratio And Collectability Ratio Of The Company
SOLVABILITAS SOLVENCY
Rasio Solvabilitas adalah Rasio yang digunakan Solvency ratio is the ratio used to see the company’s
untuk melihat kemampuan perusahaan membayar ability to pay all of its debts, which is shown in the
seluruh utang, yang ditunjukkan dalam bentuk Debt to Total Assets Ratio and Debt to Total Equity
Debt to Total Assets Ratio dan Debt to Total Equity Ratio. Debt to Total Assets Ratio is used to ensure or
Ratio. Debt to Total Assets Ratio digunakan untuk guarantee the percentage of assets that can cover
memastikan atau menjamin berapa persentase aset total debts.
yang mampu menutupi jumlah utang.
Pada tahun 2014 jumlah Debt to Total Assets In 2014 the Debt to Total Assets Ratio of Pertamina
Ratio Pertamina EP sebesar 48,73%, meningkat EP was 48.73%, increase compared to that in 2013,
dibandingkan dengan tahun 2013 yang sebesar which was 28.45%. This showed that 48.73% of total
28,45%. Hal ini menunjukkan bahwa 48,73% dari assets can afford to pay the company’s debts.
total aset mampu membiayai jumlah utang yang Increased Debt to Total Assets Ratio in 2014 was due
dimiliki. Peningkatan Debt to Total Assets Ratio pada to distribution of dividends to shareholders, resulting
tahun 2014 disebabkan oleh adanya pembagian total assets in 2014 was lower than in 2013.
deviden kepada para pemegang saham, sehingga
menyebabkan total asset di 2014 menjadi lebih kecil
dibandingkan tahun 2013.
Sementara, Debt to Total Equity Ratio digunakan Meanwhile, Debt to Total Equity Ratio is used
untuk mengukur bagian modal sendiri yang to measure the equity portion, which serves as
dijadikan jaminan untuk keseluruhan kewajiban collateral for total liabilities or debts. In 2014 Debt
atau hutang. Pada tahun 2014 Debt to Total Equity to Total Equity Ratio of Pertamina EP was 95.03%,
Ratio Pertamina EP sebesar 95,03% meningkat an increase compared to that in 2013, which was
dibandingkan tahun 2013 yang sebesar 39,77%. USD39.77%.
SOLVABILITAS
Solvency

Debt to Total Assets Ratio 33.54% 28.45% 48.73%
Debt to Total Equity Ratio 50.47% 39.77% 95.03%
LIKUIDITAS LIQUIDITY
Likuiditas adalah rasio yang mencerminkan tentang Liquidity is a ratio that reflects the company’s ability
kemampuan untuk memenuhi kewajibannya, to meet its liabilities, especially short-term funding
terutama kewajiban dana jangka pendek. Tingkat liabilities. The liquidity rate can be seen through cash
likuiditas dapat dilihat dengan cash ratio, acid ratio, ratio, acid ratio and current ratio.
dan current ratio.
LIKUIDITAS
Liquidity

Cash ratio 8.09% 14.70% 12.77%
Current ratio 474.79% 574.85% 216.80%

CASH RATIO CASH RATIO
Cash ratio pada tahun 2014 sebesar 12,77% Cash ratio in 2014 was 12.77%, a decrease
menurun dibandingkan dengan tahun 2013 yang compared to that in 2013, which was 14.70%. This
sebesar 14,70%. Hal ini menunjukkan bahwa indicated the company’s ability was lower in settling
perusahaan memiliki kemampuan yang lebih its short-term liabilities with the use of its cash and
rendah dibandingkan dengan tahun 2013 dalam marketable securities. Decreased cash ratio in 2014
menyelesaikan kewajiban jangka pendeknya was due to a decline in revenues from gas sales to
dengan menggunakan kas dan surat berharga consumers.
yang dimiliki. Penurunan cash ratio pada tahun 2014
disebabkan oleh adanya penurunan penerimaan

dari hasil penjualan gas ke konsumen.
MANAJEMEN
CURRENT RATIO CURRENT RATIO
Pada tahun 2014, current ratio berada di angka In 2014, the current ratio was 216.80% , a decrease
216,80% menurun dibandingkan dengan tahun 2013 compared to that in 2013, which was 574.85%. This
yang sebesar 574,85% Hal ini menggambarkan indicated the company’s ability was lower in settling
kemampuan perusahaan yang lebih rendah dalam its short-term liabilities with the use of its cash and
menyelesaikan kewajiban jangka pendeknya marketable securities. Decreased current ratio in
dengan menggunakan total asset lancar yang 2014 was due to a decline in trade receivables
dimiliki. Penurunan current ratio pada tahun 2014 from related parties, especially to Pertamina
disebabkan oleh berkurangnya piutang usaha ke (Persero) for offsetting the distribution of dividends
pihak berelasi khususnya ke Pertamina (Persero) to shareholders.
karena offsetting pembagian deviden kepada
pemegang saham.
KOLEKTIBILITAS COLLECTIBILITY
Kolektibilitas adalah tingkat kemungkinan Collectibility is the revenue probability of returns from
diterimanya kembali dana yang ditanamkan dalam fund investments in securities or others. Collectibility
surat-surat berharga atau lainnya. Kolektibilitas indicates the company's ability to collect debts
menggambarkan kemampuan perusahaan dalam (collection period).
menagih piutang (collection period).
Pada tahun 2014, nilai collection period sebesar 15 In 2014, the collection period was 15 days, which did
hari dan tidak mengalami perubahan dibandingkan not change from that in 2013, which was 15 days.
dengan tahun 2013 yang sebesar 15 hari. Selama During 2014, the Company was able to maintain
tahun 2014 Perusahaan dapat mempertahankan collectibility level.
tingkat kolektibilitas.

PROFITABILITAS PROFITABILITY
Rasio profitabilitas mengukur tingkat kemampuan Profitability ratio measures the Company's ability to
Perusahaan dalam menghasilkan keuntungan dari generate profits from all its potentials or resources.
semua potensi atau sumber daya yang dimiliki. The Profitability rate is seen from Operating Income
Tingkat Profitabilitas dilihat dari Margin Pendapatan Margin, Net Profit Margin, Return on Investment and
Operasi, Margin Laba Bersih, Imbalan Investasi, dan Return on Equity.
Imbalan Kepada Pemegang Saham.
PROFITABILITAS
Profitability

Margin Pendapatan Operasi Operating Income Margin 59.73% 61.72% 58.88%
Margin Laba Bersih Net Profit Margin 36.60% 39.78% 33.67%
Imbalan Investasi Return on Investment 36.04% 30.49% 43.74%
Imbalan kepada Pemegang Saham Return on Equity 36.65% 27.41% 56.14%
Margin Pendapatan Operasi Operating Income Margin

Pada tahun 2014, Margin Pendapatan Operasi In 2014, Operating Income Margin was 58.88%,
sebesar 58,88% menurun dibandingkan dengan a decrease compared to that in 2013, which was
tahun 2013 yang sebesar 61,72%. Hal ini disebabkan 61.72%. This was caused by lower operating revenues
oleh berkurangnya pendapatan usaha di tahun in 2014 due to a decline in lifting of crude oil and
2014 karena adanya penurunan lifting minyak natural gas and an increase in operating expenses
mentah dan gas bumi dan peningkatan beban in an effort to maintain the production of crude oil
usaha sebagai upaya untuk mempertahankan and natural gas.
produksi minyak mentah dan gas bumi.
Margin Laba Bersih Net Profit Margin

Pada tahun 2014, Margin Laba Bersih sebesar In 2014, Net Profit Margin was 33.67%, a decrease
33,67% menurun dibandingkan dengan tahun compared to that in 2013, which was 39.78%. This
2013 yang sebesar 39,78%. Hal ini disebabkan was caused by lower operating revenues in 2014 due
oleh berkurangnya pendapatan usaha di tahun to a decline in lifting of crude oil and natural gas, the
2014 karena adanya penurunan lifting minyak increase in operating expenses and other expenses-
mentah dan gas bumi, peningkatan beban usaha net in an effort to maintain the production of crude
dan beban lain-lain bersih sebagai upaya untuk oil and natural gas.
mempertahankan produksi minyak mentah dan gas
bumi.
Imbalan Investasi Return On Investment

Pada tahun 2014, Imbalan Investasi sebesar 43,74% In 2014, Return on Investment was 43.74%, an
meningkat dibandingkan dengan tahun 2013 yang increase compared to that in 2013, which was
sebesar 30,49%. Hal ini disebabkan oleh penurunan 30.49%. This was due to the decline of total assets
total asset di tahun 2014 karena berkurangnya in 2014 due to decrease in trade receivables to
piutang usaha ke pihak berelasi khususnya ke related parties, especially to PT Pertamina (Persero),
Pertamina (Persero) hasil dari offsetting pembagian the result of offsetting the distribution of dividends to
deviden kepada pemegang saham. shareholders.
Imbalan Kepada Pemegang Saham Return on equity

Pada tahun 2014, Imbalan Kepada Pemegang In 2014, Return on Equity was 56.14%, an increase
Saham sebesar 56,14% meningkat dibandingkan compared to that in 2013, which was 27.41%. This
dengan tahun 2013 yang sebesar 27,41%. Hal ini showed a better commitment of the Company to the
menunjukkan komitmen Perusahaan yang lebih baik shareholders in 2014.
kepada pemegang saham di tahun 2014.

RASIO PERPUTARAN TURNOVER RATIO
Rasio perputaran digunakan untuk mengukur tingkat Turnover ratio is used to measure the efficiency
efisiensi dan efektifitas pengelolaan sumber daya and effectiveness of the Company’s resource
yang dimiliki Perusahaan. Rasio perputaran terdiri management. Turnover ratio consists of Receivable
dari tiga, yaitu Perputaran Piutang, Perputaran Turnover, Inventory Turnover, and Asset Turnover.
Persediaan, dan Perputaran Aset.
Perputaran Piutang Receivable Turnover

Pada tahun 2014, Perputaran Piutang sebesar In 2014, receivable turnover was 15 days, similar
15 hari sama dengan tahun 2013 yang sebesar with that in 2013, which was 15 days. During 2014,
15 hari. Selama tahun 2014 Perusahaan dapat the Company was able to maintain its receivable
mempertahankan perputaran piutangnya dan turnover and maintain consumer confidence.
menjaga tingkat kepercayaan konsumen.
Perputaran Persediaan Inventory Turnover

Pada tahun 2014, Perputaran Persediaan sebesar In 2014, Inventory Turnover was 12 days, an increase
12 hari meningkat dibandingkan dengan tahun compared to that in 2013, which was 11 days. The

2013 yang sebesar 11 hari. Peningkatan tersebut decrease was due to an increase in the purchase
disebabkan oleh adanya peningkatan pembelian of supplies in order to maintain the level of oil and
MANAJEMEN
persediaan sebagai upaya untuk mempertahankan natural gas production during 2014.
tingkat produksi minyak dan gas bumi selama tahun
2014.
Perputaran Aset Asset Turnover

Pada tahun 2014, Perputaran Aset sebesar 67,47% In 2014, Asset Turnover was 67.47%, an increase
meningkat dibandingkan dengan tahun 2013 yang compared to that in 2013, which was 45.10%. The
sebesar 45,10%. Peningkatan tersebut disebabkan increase was due to decreased receivables to
oleh berkurangnya piutang usaha ke pihak berelasi related parties, especially to PT Pertamina (Persero)
khususnya ke PT Pertamina (Persero) hasil dari as a result of offsetting the distribution of dividends
offsetting pembagian deviden kepada pemegang to shareholders.
saham.

BELANJA DAN IKATAN PENTING INVESTASI BARANG MODAL

Expenditure and Material Ties for Capital Good Investment
Investasi berupa Barang Modal (Capital Expenditure) Investment in Capital Goods (Capital Expenditure)
merupakan aktivitas pengeluaran dana yang is an expenditure of funds used to purchase Fixed
digunakan untuk membeli Aset Tetap atau untuk Assets or to increase the value of Fixed Assets that
menambah nilai Aset Tetap yang diharapkan dapat are expected to provide value in the future.
memberikan nilai manfaat di masa depan.
PERIKATAN PENTING IMPORTANT TIES

Sepanjang tahun 2014, sejumlah perjanjian Throughout 2014, there were a number of agreements
dilakukan antara Pertamina EP dengan beberapa made between Pertamina EP with several other
pihak lain, termasuk perjanjian-perjanjian unitisasi. parties, including unitization agreements.
Perjanjian Unitisasi Unitization Agreement

Sebagai tindak lanjut pemberlakuan Peraturan As a follow-up to the Government Regulation No.35
Pemerintah No.35 Tahun 2004 tentang Kegiatan of 2004 on the Upstream Oil and Gas Activities,
Usaha Hulu Minyak dan Gas Bumi, Pertamina EP Pertamina EP has made Unitization Agreement
telah melakukan perikatan Perjanjian Unitisasi (UA) and the Unit Operating Agreement (UOA) with
(Unitisation Agreement/UA) dan Kesepakatan multiple parties. Until the end of 2014, there were 7
Operasi (Unit Operating Agreement/UOA) dengan Unitization and Unit Operating Agreements.
beberapa pihak. Sampai dengan akhir tahun 2014,
ada 7 Perjanjian Unitisasi dan Kesepakatan Operasi.
Perjanjian Unitisasi dan Kesepakatan Operasi, wajib The Contractors of Production Sharing Contract
dilakukan Kontraktor Kontrak Kerja Sama (KKS) (KKS) are required to make Unitization and Unit
apabila terbukti adanya pelamparan reservoir yang Operating Agreements if it is proven that there is
memasuki wilayah kerja Kontraktor KKS lainnya. reservoir spreading that enters other KKS’s working
Penentuan operator pelaksana unitisasi mengacu area. Determination of operator for unitization
pada penetapan Menteri Energi dan Sumber refers to the decision made by Minister of Energy
Daya Mineral (ESDM), dengan memperhatikan and Mineral Resources (EMR), with regard to the
kesepakatan di antara para kontraktor yang agreement between contractors who carry out the
melakukan unitisasi setelah mendapatkan unitization after receiving consideration from SKK
pertimbangan SKK Migas. Migas.
PERJANJIAN UNITISASI YANG DIMILIKI HINGGA 2014

Unitization agreement as of 2014
LAPANGAN OPERATOR KOLEKTIBILITAS KREDIT LOKASI

Field Operator Credit Collectibility Location
Air Serdang Talisman Ogan Komering Ltd Oil 21.96% & Gas 19.93% Air Serdang, South Sumatra
Wakamuk PetroChina International (Bermuda) Ltd Oil & Gas 50% Sorong, Papua
Sukowati JOB Pertamina PetroCHina East Java Oil & Gas 80% Tuban, East Java
Suban PetroChina International (Bermuda) Ltd Oil & Gas 10% Suban, Jambi
Tiung Biru Pertamina EP Cepu Gas 8.06% Jambaran, East Java
MB Unit PT Pertamina Hulu Energi-Offshore North Oil & Gas 47.4% Karawang, West Java
West Java (PHE ONJW)
Tanjung Laban Pertamina EP Oil & Gas 74.99% Ramba, South Sumatera

KEBIJAKAN ATAS STRUKTUR PERMODALAN POLICY OF CAPITAL STRUCTURE
Struktur modal (capital structure) menggambarkan Capital structure describes the Company’s
pembiayaan permanen Perusahaan yang terdiri permanent funding, which consists of long-term
atas utang jangka panjang dan modal sendiri. debt and equity. The management established
Manajemen menetapkan kebijakan struktur modal optimal capital structure policy in order to produce
yang optimal untuk menghasilkan pendanaan yang efficient funding.
efisien.
REALISASI PENGGUNAAN DANA HASIL REALIZATION OF PUBLIC

PENAWARAN UMUM OFFERING PROCEEDS USES
Hingga tahun 2014, Pertamina EP belum menjadi Up to 2014, Pertamina EP has not become a public
perusahaan terbuka atau belum melakukan company or conducted public offering on the stock
Penawaran Umum di bursa efek sehingga tidak exchange, thus there is no information regarding

ada informasi terkait dengan total perolehan dana, total proceeds, the planned use of funds, details of
rencana penggunaan dana, rincian penggunaan the use of funds, fund balances and the date of GMS
MANAJEMEN
dana, saldo dana dan tanggal persetujuan RUPS approval on the change of use of funds.
atas perubahan penggunaan dana.

TRANSAKSI DERIVATIF DAN AKTIVITAS DERIVATIVE TRANSACTIONS AND HEDGING

LINDUNG NILAI ACTIVITIES
Lindung nilai diartikan sebagai suatu investasi Hedging is defined as an investment made in
yang dilakukan khususnya untuk mengurangi particular to reduce the incidence of risk in another
timbulnya risiko pada suatu investasi lain. Lindung investment. Hedging is used as a strategy to reduce
nilai digunakan sebagai strategi untuk mengurangi the incidence of unexpected business risks. In 2014,
timbulnya risiko bisnis yang tidak terduga. Pada Pertamina EP did not conduct derivative transactions
tahun 2014, Pertamina EP tidak melakukan transaksi and hedging activities.
derivatif dan aktivitas lindung nilai.
Transaksi valuta mata uang dilakukan dengan selalu Currency exchange transactions are carried out by
mempertimbangkan kurs yang menguntungkan taking into account favorable exchange rate to the
Perusahaan. Perusahaan mengatur risiko dengan Company. The company manages risks by trying
berusaha menyelaraskan penerimaan dan to align receipts and payments for each type of
pembayaran untuk setiap jenis mata uang. currency.
INFORMASI PENINGKATAN YANG MATERIAL MATERIAL IMPROVEMENT INFORMATION OF

DARI PENJUALAN ATAU PENDAPATAN BERSIH SALES OR NET INCOME
Kinerja Pertamina EP tahun 2014 ditunjukkan Pertamina EP’s 2014 performance was demonstrated
dengan penurunan pendapatan menjadi USD4.710 by a decrease in income to USD4,710 million, down
juta menurun dibandingkan dengan tahun 2013 compared to that in 2013, which amounted to
yang sebesar USD5.001 juta. USD5,001 million.
Penurunan tersebut dipengaruhi oleh penurunan The decrease was due to decrease in income from
pendapatan yang berasal dari penjualan minyak crude oil sales and DMO fee.
mentah dan DMO fee.
PENJUALAN MINYAK MENTAH
Crude Oil Sales

Penjualan Minyak Mentah Crude Oil Sales 4,042,651 3,565,282 3,250,637
Pada tahun 2014, penjualan minyak mentah In 2014, sales of Pertamina EP’s crude oil amounted
Pertamina EP sebesar USD3.250 juta menurun to USD3,250 million, decreased by 10% compared to
sebesar 10% dibandingkan dengan penjualan crude oil sales in 2013, which amounted to USD3,565
minyak mentah pada tahun 2013 yang sebesar million. The decline was mainly due to crude oil
USD3.565 juta. Penurunan terutama disebabkan sales in 2014 amounted to 42,322 MBBLs , which
oleh penjualan minyak mentah tahun 2014 sebesar decreased by 836,000 Barrels or 2% compared to
42.322 MBBLs mengalami penurunan sebesar 43,158 MBBLs in 2013.
836 ribu Barrel atau 2% dibandingkan tahun 2013
sebesar 43.158 MBBLs.
Harga minyak mentah Perusahaan yang dijual The Company’s crude oil prices sold to PT Pertamina
kepada PT Pertamina (Persero) berdasarkan (Persero) in 2014 was USD94.74/BBLs based on
weighted average price (WAP) tahun 2014 adalah the weighted average price (WAP). It decreased by
USD94,74/BBLs mengalami penurunan sebesar USD10.23/BBLs or 10% compared to USD104.97/
USD10,23/BBLs atau 10% dibandingkan tahun BBLs in 2013. The Company’s WAP down in 2014 due
2013 sebesar USD104,97/BBLs. Penurunan WAP to the effect of the decline in world oil prices at the
perusahaan tahun 2014 merupakan efek dari end 2014.
penurunan harga minyak dunia pada akhir tahun
2014.
DMO FEE
DMO Fee

DMO Fee 889,902 750,688 687,392
Pada tahun 2014, DMO Fee Pertamina EP sebesar In 2014, Pertamina EP’s DMO Fee amounted to
USD687 juta menurun sebesar 8% dibandingkan USD687 million, decreased by 8%compared to DMO
dengan DMO Fee pada tahun 2013 yang sebesar Fee in 2013, which amounted to USD751 million. The
USD751 juta. Penurunan terutama disebabkan oleh decrease was mainly due to a decline in sales of
penurunan penjualan minyak mentah di tahun 2014. crude oil in 2014.

PERBANDINGAN ANTARA TARGET AWAL TAHUN BUKU DENGAN REALISASI TAHUN
2014 DAN PROYEKSI TAHUN 2015
Comparison between the Fiscal Year Initial Target with Realization of 2014 and Projection of 2015
PERBANDINGAN REALISASI LABA RUGI TAHUN 2014 DENGAN TARGET RKAP 2014
SERTA PROYEKSI TAHUN 2015 (dalam ribuan USD)
Comparison of Realization of 2014 Income Statement with RKAP Target 2014
and Projection of 2015 (in thousands USD)
% Pencapaian Realisasi 2014

Realisasi Realisasi % 2014 Realization Achievement
Keterangan Description Realization RKAP 2014 Realization Realisasi
2013 2014 Projection
Realization RKAP 2014
2015
2013
1 2 3 4 5=4/3 6=4/2 7

Pendapatan Usaha
5,000,883 5,673,034 4,710,490 94% 83% 5,673,884
Operating Income
MANAJEMEN
Beban Eksplorasi Exploration Expenses 145,590 151,410 152,279 105% 101% 156,884
Beban Produksi Production Expenses 1,604,691 1,725,373 1,623,084 101% 94% 1,958,857
Beban Umum dan Administrasi
164,142 169,303 161,567 95% 98% 140,167
General and Administration Expenses
Beban Keuangan Finance Cost 73,409 25,123 73,008 99% 291% 43,543
Pendapatan Keuangan Finance Income 5,067 N/A 9,318 184% N/A N/A
Pendapatan Lain-lain, Bersih
246,103 N/A 30,766 125% N/A N/A
Other Income, Net
Laba Sebelum Pajak Penghasilan
3,264,221 3,601,825 2,740,636 84% 76% 3,374,432
Profit Before Income Tax
Beban Pajak Penghasilan
1,274,759 1,458,739 1,154,451 91% 79% 1,309,432
Income Tax Expenses
Laba Bersih Net Profit 1,989,462 2,143,086 1,586,184 80% 74% 2,065,000
Jumlah Pendapatan Komprehensif
1,989,462 2,143,086 1,586,184 80% 74% 2,065,000
Total Comprehensive Income
Realisasi laba sebelum pajak pada tahun 2014 Realization of profit before tax in 2014 amounted
sebesar USD2.741 juta. Hal ini mencapai 76% to USD2,741 million. It reached 76% of the target of
dari target yang sebesar USD3.602 juta atau 84% USD3,602 million or 84% compared to the realization
dibandingkan dengan realisasi tahun 2013 yang in 2013 that amounted to USD3,264 million.
Pencapaian laba bersih mengalami penurunan yaitu The net profits decreased with realization of
terealisasi sebesar USD1.586 juta. Angka tersebut USD1,586 million. These figures meet the target
memenuhi target sebesar 74% yang sebesar of 74% which amounted to USD2,143 million or
USD2.143 juta atau mencapai 80% dibandingkan reached 80% compared to the realization in 2012,
realisasi tahun 2013 yang sebesar USD1.989 juta. which amounted to USD1,989 million.

PROYEKSI TAHUN 2015 2015 PROJECTIONS

Pada tahun 2015, Pendapatan Usaha diproyeksikan In 2015, Operating Revenues are projected to
naik sebesar 20% dari realisasi Pendapatan increase by 20% of the estimated Revenues in 2014,
2014 yaitu menjadi sebesar USD5.674 juta. Untuk which amounted to USD5,674 million. To achieve
mencapai sasaran Pendapatan Usaha tersebut, the targets of the Operating Revenues, Operating
diperlukan Beban Usaha sebesar USD2.299 juta. Expenses required are USD2,299 million. Therefore,
Oleh karena itu, target Laba Bersih Sebelum Pajak Net Profit Before Tax target was at USD3,374 million.
sebesar USD3.374 juta. Dengan Beban Pajak With Tax Expenses amounted to USD1,309 million,
sebesar USD1.309 juta, maka target Laba Bersih Net Profit target was set at USD2,065 million or
menjadi sebesar USD2.065 juta atau meningkat increased by 30% of the Net Profit realization in 2014.
sebesar 30% dari realisasi Laba Bersih tahun 2014.
Realisasi total Aset tahun 2014 adalah sebesar Realization of total Assets in 2014 was USD8.604
USD8.604 juta. Angka tersebut sebesar 65% million. The figures represent 65% of its budget of
terhadap anggarannya yang sebesar USD13.155 USD13,155 million or 67% compared to that in 2013,
juta atau sebesar 67% dibandingkan realisasi tahun which amounted to USD12,924 million.
2013 yang sebesar USD12.924 juta.
Realisasi total Liabilitas tahun 2014 adalah sebesar Realization of 2014 total Liabilities was USD4.192
USD4,192 juta Angka tersebut sebesar 110% million. The figures represent 110% of its budget of
terhadap anggarannya yang sebesar USD3.809 juta USD3,809 million or 114% compared to that in 2013,
atau sebesar 114% dibandingkan realisasi tahun which amounted to USD3,677 million.
Realisasi total Ekuitas tahun 2014 adalah sebesar Realization of total Equity in 2014 was USD4,412
USD4.412 juta Angka tersebut sebesar 47% million.The figures represent 47% of its budget of
terhadap anggarannya yang sebesar USD9.345 USD9,345 million or 48% compared to that in 2013,
juta atau sebesar 48% dibandingkan realisasi tahun which amounted to USD9,247 million.
Posisi Neraca pada akhir tahun 2015 diproyeksikan Balance Sheet position at the end of 2015 is projected
dengan jumlah Aset sebesar USD13.115 juta, with total Assets at USD13,115 million, Liabilities at
Liabilitas sebesar USD3.809 juta, dan Ekuitas USD3,809 million and Equity at USD9,306 million.
PERBANDINGAN REALISASI STRUKTUR MODAL TAHUN 2014 DENGAN TARGET RKAP 2014
Comparison of Capital Structure Realization of 2014 with 2014 RKAP Target
and 2015 Projections (in thousands USD)
Keterangan Realisasi 2013 Realisasi 2014 % Pencapaian Realisasi 2014 terhadap

RKAP 2014
Description Realization Realization % Realization Achievement
Realisasi 2013 Proyeksi 2015
% USD % USD % USD RKAP 2014
Realization Projection
Liabilitas Liabilities 28% 3,677,348 29% 3,809,088 49% 4,192,481 114% 110% 3,809,088
Ekuitas Equity 72% 9,246,992 71% 3,809,088 51% 4,411,568 48% 47% 4,411,568
Aset Assets 100% 12,924,340 100% 13,154,541 100% 8,604,049 67% 65% 13,115,087
Aset yang dibiayai oleh Liabilitas pada tahun 2014 Assets financed by Liabilities in 2014 was 49%
adalah 49% menunjukkan peningkatan sebesar 10% indicating an increase of 10% compared to 2014
dibandingkan dengan target RKAP tahun 2014. RKAP target.
Aset yang dibiayai oleh Ekuitas pada tahun 2014 Assets financed by Equity in 2014 was 51% indicating
adalah 51% menunjukkan penurunan sebesar 53% a decrease of 53% compared to 2014 RKAP target.
dibandingkan dengan target RKAP tahun 2014.

PERBANDINGAN REALISASI POSISI KEUANGAN TAHUN 2014 DENGAN TARGET RKAP 2014
Comparison of Financial Position Realization of 2014 with 2014 RKAP Target
and 2015 Projections (in thousands USD)
% Pencapaian Realisasi 2014 terhadap
Keterangan Realisasi 2013 Realisasi 2014 % 2014 Realization Achievement
RKAP 2014
Description Realization Realization Realisasi 2013 Proyeksi 2015
RKAP 2014
Realization Projection
1 2 3 4 5=4/3 6=4/2 7
Aset Assets
Aset Lancar Current Assets
Kas & Setara Kas Cash & Cash Equivalents 209,461 262,922 169,235 81% 64% 344,559
Piutang Usaha Trade Receivables 7,448,323 5,036,528 2,094,589 28% 42% 4,495,258
Piutang dari Pemerintah Government Receivables 71,514 90,151 78,767 110% 87% 93,129
Piutang Lain-lain Other Receivables 45,955 1,086,827 15,295 33% 1% 1,371,087
Persediaan Inventories 148,550 118,246 150,051 101% 127% 118,246

PPN yang dapat ditagihkan kembali
232,107 204,123 314,471 135% 154% 204,123
Advances and Prepayments

Uang Muka dan biaya Dibayar di Muka
33,656 48,046 50,426 149% 105% 48,046
Total Current Assets
MANAJEMEN
Total Aset Lancar Total Current Assets 8,189,565 6,846,842 2,872,834 35% 42% 6,674,448
Aset Tidak Lancar Non-current Assets

Dana yang dibatasi penggunaannya
122,818 N/A 159,924 130% N/A N/A
Restricted Fund
Aset Minyak dan Gas Bumi Oil and Gas Assets 4,611,866 6,299,754 5,571,209 120% 88% 6,432,693
Aset Lain-lain Other Assets 90 7,945 82 92% 1% 7,945
Total Aset Tidak Lancar Total Non-current Assets 4,734,774 6,307,699 5,731,215 121% 91% 6,440,638
Jumlah Aset Total Assets 12,924,340 13,154,542 8,604,049 67% 65% 13,115,086
Liabilitas Liabilities
Liabilitas Lancar Current Liabilities
Utang Usaha Trade Payables 444,027 462,812 679,227 153% 147% 462,401
Utang Kepada Pemerintah Government Payables 293,451 385,025 99,926 34% 26% 385,025
Biaya yang masih harus dibayar Accrued Expenses 469,757 441,328 462,758 98% 104% 441,328
Utang Lain-lain Other Payables 5,379 59,223 4,991 93% 8% 59,223
Uang Muka Pelanggan Customer Advances 23,228 14,338 20,564 88% 143% 14,338
Pajak penghasilan dan deviden
172,401 207,619 38,053 22% 18% 151,593
Income tax and dividend
Utang Pajak Lainnya Other Tax Debt 15,772 18,993 18,830 119% 99% 75,019
Utang Sewa pembiayaan, porsi jangka pendek
637 4,598 777 123% 17% 4,598
Finance lease payable, current portion
Jumlah Liabilitas Lancar Total Current Liabilities 1,424,652 1,593,936 1,325,126 93% 83% 1,593,525
Liabilitas Tidak Lancar Non-current Liabilities
Utang Kepada Pemerintah Shareholder Loan 144,454 186,967 140,782 97% 75% 186,967
Utang sewa pembiayaan, porsi jangka panjang
3,587 4,310 2,811 78% 65% 4,310
Debt finance leases, long-term portion
Pendapatan yang ditangguhkan Deferred revenue 67,064 67,897 68,582 102% 101% 67,897
Liabilitas pajak tangguhan Deferred tax liabilities 1,050,273 759,574 1,338,307 127% 176% 759,574
Provisi Imbalan Kerja Provision for Employee Benefits 38,895 31,176 41,423 106% 133% 31,176
Provisi untuk pembongkaran dan restorasi lokasi aset
948,423 1,165,228 1,275,450 134% 109% 1,165,228
Provision for Decommisioning and Site Restoration
Jumlah Liabilitas Tidak Lancar Total non current Liabilities 2,252,696 2,215,152 2,867,355 127% 129% 2,215,152
Jumlah Liabilitas Total Liabilities 3,677,348 3,809,088 4,192,481 114% 110% 3,808,677
Ekuitas Equity
Modal Disetor Paid-up Capital 24,730 24,730 24,730 100% 100% 24,730
Laba (Rugi) Tahun Berjalan Profit (Loss) for the Year 1,989,462 N/A 1,586,185 N/A N/A N/A
Saldo Laba Retained Earnings 9,222,262 9,320,723 4,386,838 48% 47% 9,281,680
Jumlah Ekuitas Total Equity 9,246,992 9,345,453 4,411,568 48% 47% 9,306,410
Jumlah Liabilitas dan Ekuitas Total Liabilities and Equity 12,924,340 13,154,541 8,604,049 67% 65% 13,115,087

INFORMASI PENTING YANG MENGANDUNG IMPORTANT INFORMATION THAT CONTAINS

BENTURAN KEPENTINGAN DAN/ATAU CONFLICT OF INTEREST AND/OR
TRANSAKSI DENGAN PIHAK AFILIASI TRANSACTIONS WITH AFFILIATED PARTIES
Pihak-pihak berelasi adalah orang atau entitas Related parties are persons or entities associated
yang terkait dengan Perusahaan (entitas pelapor). with the Company (the reporting entity).
PIHAK BERELASI
Related Party
Hubungan dengan
Pihak yang Berelasi Sifat Transaksi
Related Party
Pihak yang Berelasi Transaction
Relationship with Related Party
Penjualan Minyak dan Gas
PT Pertamina (Persero) Pemegang Saham Shareholder
Oil and Gas Sales
Entitas Sepengendali Ekspor Minyak
Pertamina Energy Services Pte Ltd (Petral)
Entity under Common Control Oil Export
Entitas Sepengendali Sewa Rig
PT Pertamina Drilling Service Indonesia (PDSI)
Entity under Common Control Rig rent
Entitas Sepengendali Penjualan gas dan toll fee
PT Pertamina Gas (Pertagas)
Entity under Common Control Gas sales and toll fee
Entitas Sepengendali Kesehatan
PT Pertamina Bina Medika (Pertamedika)
Entity under Common Control Medical
Entitas Sepengendali Layanan Seismik dan Pengeboran
PT Elnusa Tbk
Entity under Common Control Seismic and drilling services
Entitas Berelasi dengan Pemerintah Jasa asuransi
PT Asuransi Jasa Indonesia (Persero) – Jasindo
Government Related Entity Insurance services
Entitas Berelasi dengan Pemerintah Penjualan Gas
PT Perusahaan Listrik Negara (Persero) – PLN
Government Related Entity Gas sales
PT Pupuk Sriwidjaja (Persero)
PT Perusahaan Gas Negara (Persero) Tbk
PT Krakatau Steel (Persero) Tbk
Entitas Berelasi dengan Pemerintah Transaksi Perbankan
PT Bank Negara Indonesia (Persero) Tbk
Government Related Entity Banking Transactions
PT Bank Mandiri (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk
Pada tahun 2014, jumlah transaksi Aset yang In 2014, the number of asset related transactions
berkaitan dengan pihak berelasi adalah sebesar with related parties amounted to USD2,620
USD2.620 juta. Dari seluruh transaksi tersebut, million. Of all these transactions, the management
manajemen menilai bahwa semua transaksi berada considers that all transactions are within reasonable
dalam batas wajar sesuai dengan Bapepam-LK limits in accordance with Bapepam-LK No.IX E.1 on
No.IX E.1 “Benturan Kepentingan” dan PSAK No.7 'Conflict of Interest' and SFAS No. 7 on 'Related Party
“Pengungkapan Pihak- Pihak Berelasi” . Disclosure'

TRANSAKSI TERKAIT ASET DENGAN PIHAK-PIHAK BERELASI TAHUN 2013-2014 (USD)
Asset Related Transactions with Related Parties of 2013-2014 (USD)
Nilai Transaksi Transaction Value Kewajaran

Entitas Pihak Berelasi
Transaksi
Related Party Entity 2013 2014 Transaction Fairness
% USD % USD
Kas dan Setara Kas Cash and Cash Equivalents
PT Bank Mandiri (Persero) Tbk 99% 83,473 98% 37,238 wajar fair
PT Bank Rakyat Indonesia (Persero) Tbk 0.03% 24 0.14% 52 wajar fair
PT Bank Negara Sub total Indonesia
0.97% 983 1.86% 798 wajar fair
(Persero) Tbk
Sub Jumlah 100% 84,480 100% 38,088 wajar fair
Piutang Usaha Receivables

PT Pertamina (Persero) 98.17% 7,181,527 94.88% 1,879,334 wajar fair
PT Perusahaan Gas Negara (Persero) Tbk 0.31% 22,756 1.43% 28,400 wajar fair
MANAJEMEN
PT Pupuk Sriwidjaja (Persero) 0.39% 28,574 1.42% 28,192 wajar fair
PT Pertamina Gas 0.47% 34,441 0.74% 14,636 wajar fair
Lain-lain Other 0.64% 46,724 1.53% 30,215 wajar fair
Sub Jumlah Sub Total 100% 7,314,022 100% 1,980,777 wajar fair
Rekening Bank dan Deposito berjangka yang dibatasi penggunaannya Restricted Bank Account and Time Deposit
PT Bank Rakyat Indonesia (Persero) Tbk 67.78% 84,574 64.40% 84,416 wajar fair
PT Bank Mandiri (Persero) Tbk 31.49% 39,290 35.04% 45,933 wajar fair
PT Bank Negara Indonesia (Persero) Tbk 0.73% 915 0.55% 727 wajar fair
Sub Jumlah Sub Total 100% 124,779 100% 131,076 wajar fair
Utang Usaha Trade Payables
PT Pertamina (Persero) 23.35% 59,951 62.15% 292,019 wajar fair
PT Drilling Services Indonesia 27.75% 71,253 14.88% 69,932 wajar fair
PT Pertamina Gas 33.41% 85,784 10.97% 51,548 wajar fair
PT Elnusa Tbk 2.49% 6,389 6.70% 31,467 wajar fair
PT Rekayasa industry 0 0 3.03% 14,229 wajar fair
PT Pertamina Hulu Energi 12.82% 32,858 0.23% 1,065 wajar fair
Lain-lain Others 0.19% 489 2.05% 9,627 wajar fair
Sub Jumlah Sub Total 100% 256,724 100% 469,887 wajar fair
JUMLAH Total 7,780,005 2,619,828 wajar fair
INFORMASI DAN FAKTA MATERIAL SETELAH INFORMATION AND MATERIAL FACTS AFTER
TANGGAL LAPORAN AKUNTAN THE DATE OF ACCOUNTANT’S REPORT
Pada tahun 2014, tidak terdapat kejadian penting In 2014, there were no significant events after the
setelah tanggal laporan akuntan termasuk date of the auditor's report, including its impact on
dampaknya terhadap kinerja dan risiko usaha di performance and business risks in the future.
masa mendatang.

KEBIJAKAN DIVIDEN DIVIDEND POLICY

Sebagai bagian dari anak Perusahaan yang dimiliki As part of the subsidiary owned by the State,
oleh Negara, Pertamina EP memiliki kewajiban Pertamina EP has an obligation to deposit a portion
menyetorkan sebagian dari laba bersih sebagai of net income as dividends, although it was not
deviden, walaupun tidak secara langsung disetorkan directly paid to the State.
kepada Negara.
Sesuai dengan resolusi pemegang saham In accordance with a resolution of the shareholders
pada tanggal 23 April 2014, perusahaan telah on January 23, 2014, the company has paid
membagikan deviden sebesar USD2.152 juta dividends amounting to USD2,152 million with the
dengan nilai deviden per saham sebesar USD8.6/ value of dividend per share amounted to USD8,6/
lembar saham. share.
Sesuai dengan resolusi pemegang saham pada In accordance with a resolution of the shareholders
tanggal 24 Juli 2014, perusahaan telah membagikan on July 24, 2014, the company has paid dividends
deviden sebesar USD4.270 juta dengan nilai deviden amounting to USD4,270 million with the value of
per saham sebesar USD17/lembar saham. dividend per share amounted to USD17/share.
INFORMASI PENTING ANTARA LAIN MENGENAI IMPORTANT INFORMATION ABOUT INVESTMENT,

INVESTASI, EKSPANSI, DIVESTASI, AKUISISI, EXPANSION, DIVESTMENT, ACQUISITION,
RESTRUKTURISASI, DAN PRIVATISASI RESTRUCTURING, AND PRIVATIZATION
INVESTASI INVESTMENT
Pada tahun 2014, aktivitas investasi Pertamina EP In 2014, Pertamina EP’s investments amounted to
sebesar USD989 juta, menurun dibanding tahun USD989 million, a decrease compared to 2013,
2013 sebesar USD1.118 juta. which amounted to USD1,118 million.
DIVESTASI DIVESTMENT
Divestasi adalah strategi untuk mencapai tujuan Divestment is a strategy to achieve long-term
jangka panjang. Strategi bisnis dapat berupa goals. The business strategy may be geographical
perluasan geografis, diversifikasi, akuisisi, expansion, diversification, acquisition, product
pengembangan produk, penetrasi pasar, development, market penetration, employee
rasionalisasi karyawan, divestasi, likuidasi dan joint downsizing, divestments, liquidation and joint
venture. ventures.
Tahun 2014, Pertamina EP tidak melakukan kegiatan In 2014, Pertamina EP did not carry out divestments,
divestasi sehingga tidak ada informasi terkait tujuan, thus there was no relevant information regarding
nilai transaksi, dan sumber dana dari hasil kegiatan purposes, transaction value, and the source of funds
divestasi. of divestments.
AKUISISI ACQUISITION
Akuisisi adalah pembelian suatu perusahaan oleh An acquisition is the purchase of a company
perusahaan lain atau oleh kelompok investor. Akuisisi by another company or by a group of investors.
sering digunakan untuk menjaga ketersediaan Acquisitions are often used to maintain the supply of
pasokan bahan baku atau jaminan produk. raw materials or product security.
Tahun 2014, Pertamina EP tidak melakukan kegiatan In 2014, Pertamina EP did not make any acquisitions,
akuisisi sehingga tidak ada informasi terkait tujuan, thus there was no relevant information regarding
nilai transaksi, dan sumber dana dari hasil kegiatan purposes, transaction value, and the source of funds
akuisisi. of acquisition activity.
RESTRUKTURISASI PRIVATISASI PRIVATIZATION RESTRUCTURING

Tahun 2014, Pertamina EP tidak melakukan kegiatan In 2014, Pertamina EP did not undertake restructuring
restrukturisasi sehingga tidak ada informasi terkait activities, thus there was no relevant information
tujuan, nilai transaksi, dan sumber dana dari hasil regarding purposes, transaction value, and the
kegiatan restrukturisasi. source of funds of restructuring activities.
EKSPANSI EXPANSION
Tahun 2014, Pertamina EP tidak melakukan kegiatan In 2014, Pertamina EP did not carry out any
ekspansi sehingga tidak ada informasi terkait tujuan, expansion activities, thus there was no relevant
nilai transaksi, dan sumber dana dari hasil kegiatan information regarding purposes, transaction value,
ekspansi. and the source of funds of expansion of activities.

KESEPAKATAN KINERJA DAN TINGKAT PERFORMANCE AGREEMENT AND THE
KESEHATAN PERUSAHAAN COMPANY’S HEALTH LEVEL
Pengukuran dan penilaian tingkat kesehatan dan Measurement and assessment of performance
kinerja Perusahaan dilakukan berdasarkan Key agreement and health level was carried out based
Performance Indicators (KPI). on Key Performance Indicators (KPI).
KPI tersebut dilihat dari 3 perspektif sebagai berikut: KPI was reviewed based on 3 perspectives, as follows:
1. Kinerja Keuangan 1. Financial Performance
2. Kinerja Pertumbuhan 2. Growth Performance
3. Kinerja Administrasi 3. Administration Performance
Berdasarkan penilaian tersebut, tingkat kesehatan Based on this assessment, the Company’s level of
Perusahaan pada tahun 2014 digolongkan dalam health in 2014, was declared as 'HEALTHY AA' with
kategori 'SEHAT AA' dengan nilai '82,00'. the score '82.00'.
Adapun tingkat kesehatan perusahhaan dalam The Company’s health level within the last three
waktu tiga tahun terakhir adalah sebagai berikut: years are as follows:

TABEL TINGKAT KESEHATAN
MANAJEMEN
Health Level
KETERANGAN Description 2012 2013 2014

Tingkat Kesehatan Perusahaan SEHAT A SEHAT A SEHAT AA
The Company's Health Level Healthy A Healthy A Healthy AA
KEWAJIBAN KEPADA NEGARA OBLIGATION TO THE STATE

Pertamina EP memiliki kewajiban berkontribusi Pertamina EP has an obligation to contribute to the
kepada Negara, baik secara langsung maupun State, either directly or indirectly. Direct contribution
tidak langsung. Kontribusi langsung yang diberikan provided by Pertamina EP is in the form of state
oleh Pertamina EP berupa penerimaan negara yang revenue generated from income taxes, dividend and
bersumber dari pendapatan pajak, setoran dividen privatization.
dan privatisasi.
Sedangkan kontribusi tidak langsung berupa Meanwhile, its indirect contribution is the multiplier
multiplier effect bagi perkembangan perekonomian effect for the development of the national economy.
nasional. Pertamina EP memiliki peranan yang cukup Pertamina EP has a significant role in the State
signifikan dalam APBN, sebagaimana ditunjukkan Budget, as indicated by the increasing contribution
dengan terus meningkatnya kontribusi Pertamina of Pertamina EP to the State Budget. The contribution
EP terhadap APBN. Kontribusi tersebut antara lain consists of taxes and dividends.
terdiri dari pajak dan deviden.
PAJAK PERTAMINA EP PERTAMINA EP TAX

Bentuk komitmen Perusahaan kepada Negara The Company's commitment to the State is
diwujudkan dalam pemenuhan kewajiban embodied in the fulfillment of its obligations as a
perusahaan sebagai wajib pajak dan sebagai taxpayer and as a tax collector. The Companyhas
pemotong pajak. Kontribusi Perusahaan kepada shown increasing contribution to the state over the
negara dari tahun ke tahun menunjukkan years.
peningkatan.
Sedangkan sebagai pemotong pajak, Perusahaan Meanwhile, as a tax collector, the Company actively
secara aktif berperan dalam melakukan participates in collecting tax of each tax object.
pemotongan terhadap setiap objek kena pajak. During 2014, the Company has never been late
Selama tahun 2013 Perusahaan tidak pernah in submitting tax liabilities documents (annual or
melakukan keterlambatan penyampaian dokumen monthly SPT), in tax payment obligations, either
kewajiban perpajakan (SPT tahunan maupun employee income tax, corporate income tax, Period
bulanan), tidak pernah melakukan keterlambatan and Completion VAT, Land & Building Tax, and there
pembayaran kewajiban Pajak, baik PPH karyawan, was no late submission of liability documents to
PPH Badan, PPN Masa dan Rampung serta PBB, regulators.
serta tidak terdapat keterlambatan penyampaian
dokumen kewajiban pada lembaga regulator.

DIVIDEN DIVIDENDS
Dividen adalah pembagian laba kepada pemegang Dividends are distribution of profit to shareholders
saham berdasarkan banyaknya saham yang based on the number of shares held. As part of the
dimiliki. Sebagai bagian dari anak Perusahaan subsidiary owned by the State, Pertamina EP has
yang dimiliki oleh Negara, Pertamina EP memiliki an obligation to deposit a portion of net income as
kewajiban menyetorkan sebagian dari laba bersih dividends, although they are not directly paid to the
sebagai deviden, walaupun tidak secara langsung State.
disetorkan kepada Negara.
Berdasarkan Resolusi Pemegang Saham tertanggal Based on the Resolution of Shareholders dated April
23 April 2014, dividen sebesar USD2.152.051 23, 2014, dividends of USD2,152,051 (USD8.6/share)
(USD8,6/saham) telah dibagi. Dividen kepada have been distributed. Dividends to Pertamina were
Pertamina akan saling hapus dengan piutang dari to be offset by receivables from Pertamina and
Pertamina dan dividen ke PDV akan dibayar tunai. dividends to PDV were paid in cash.
Berdasarkan Resolusi Pemegang Saham tertanggal Based on the Resolution of Shareholders dated July
24 Juli 2014, dividen sebesar USD4.269.558 (USD17/ 24, 2014, a total of dividends valued USD4,269,558
saham) telah dibagi. Dividen kepada Pertamina (USD17/share) have been distributed. The dividends
akan saling hapus dengan piutang dari Pertamina to Pertamina will be offset by receivables from
dan dividen ke PDV akan dibayar tunai. Pertamina and dividends to PDV will be paid in cash.
KEBIJAKAN AKUNTANSI ACCOUNTING POLICY

Kebijakan akuntansi telah diterapkan secara Accounting policy has been consistently applied
konsisten dalam penyusunan laporan keuangan in the preparation of annual financial statements
tahunan untuk tahun yang berakhir 31 Desember for the year ended December 31, 2014 and 2013,
2014 dan 2013 dan telah sesuai dengan and are in accordance with Indonesian Financial
Standar Akuntansi Keuangan di Indonesia Accounting Standards (SFAS). The preparation of
(PSAK). Penyusunan laporan keuangan sesuai financial statements in accordance with Financial
dengan Standar Akuntansi Keuangan di Indonesia Accounting Standards in Indonesia requires the
mengharuskan penggunaan estimasi dan asumsi. use of estimates and assumptions. It also requires
Hal tersebut juga mengharuskan manajemen untuk management to make judgments in the process of
membuat pertimbangan dalam proses penerapan applying the Company's accounting policy.
kebijakan akuntansi Perusahaan.
Pertamina EP telah mulai melaksanakan Program Pertamina EP has started to implement the
Konvergensi International Financial Reporting Convergence Program of International Financial
Standards (IFRS) sejak akhir tahun 2010 dalam Reporting Standards (IFRS) since the end of 2010 in
rangka mencapai laporan keuangan kelas dunia. order to achieve world-class financial statements.
Pelaporan keuangan berstandar internasional International financial reporting standards reflect
mencerminkan akuntabilitas dan transparansi the accountability and transparency of the
Perusahaan. Program Konvergensi IFRS ini tidak Company. The IFRS Convergence Program does not
hanya berdampak kepada aspek akuntansi, tetapi only affect the accounting aspects, but also focuses
juga difokuskan pada berbagai aspek meliputi on various aspects including accounting and tax
implikasi akuntansi dan pelaporan perpajakan, reporting implications, implications on the data
implikasi pada data dan sistem informasi serta and information systems as well as their impact on
dampaknya pada perubahan proses bisnis. business process changes.

Dasar Penyusunan Laporan Keuangan Basis Of Preparation Of Financial Statements
Laporan Keuangan telah disusun sesuai Standar Financial Statements have been prepared in
Akuntansi Keuangan di Indonesia. accordance with Financial Accounting Standards in
Indonesia.
Laporan keuangan disusun berdasarkan konsep The financial statements are prepared based
harga perolehan, yang dimodifikasi oleh revaluasi on acquisition cost principle, modified by the
tanah dan bangunan, aset keuangan tersedia untuk revaluation of land and buildings, available-for-
dijual dan aset dan liabilitas keuangan (termasuk sale financial assets, assets and liabilities (including
instrumen derivatif) diukur pada nilai wajar melalui derivative instruments) at fair value through profit
laporan laba rugi, serta menggunakan dasar akrual or loss statement, as well as using the accrual basis
kecuali untuk laporan arus kas. except for the statements of cash flows.
Laporan arus kas disusun dengan menggunakan Statements of cash flows are prepared using the
metode langsung dan mengklasifikasi arus kas direct method and classifying cash flows into

menjadi kegiatan operasi, investasi dan pendanaan. operating, investing and financing activities.
MANAJEMEN
Laporan keuangan disajikan dalam ribuan Dolar The financial statements are presented in thousands
Amerika Serikat (USD atau Dolar AS), kecuali of United States Dollars (USD or US Dollars), unless
dinyatakan lain. otherwise stated.

Perubahan Pada Pernyataan Standar Changes In Statement Of Financial

Akuntansi Keuangan Dan Interpretasi Accounting Standards And Interpretation Of
Standar Akuntansi Keuangan Financial Accounting Standards
Penerapan dari Interpretasi Standar Akuntansi The application of the Interpretation of Financial
Keuangan ('ISAK') 27, 'Pengalihan Aset dari Accounting Standards ('IFAS') 27, 'Transfer of Assets
Pelanggan', ISAK 28, 'Pengakhiran Liabilitas from Customers', IFAS 28, 'Termination of Financial
Keuangan dengan Instrumen Ekuitas” dan ISAK 29, Liabilities with Equity Instruments' and IFAS 29,
'Biaya Pengupasan Lapisan Tanah Tahap Produksi 'Stripping Costs in the Production Phase of a Surface
pada Pertambangan Terbuka' yang berlaku efektif Mining' effective from January 1, 2014 did not result in
sejak 1 Januari 2014 tidak menghasilkan perubahan any changes in accounting policies of the Company
kebijakan akuntansi Perusahaan dan tidak memiliki and has no impact on the amounts reported for the
dampak terhadap jumlah yang dilaporkan periode year or the previous year.
berjalan atau tahun sebelumnya.
The Company has conducted analysis on impact
Perusahaan telah melakukan analisa dampak of new SFAS and IFAS application, revisions and
penerapan PSAK dan ISAK baru, revisi dan interpretations that have been issued, however not
interpretasi yang telah diterbitkan, namun belum yet effective for the fiscal year beginning January 1,
berlaku efektif untuk tahun buku yang dimulai pada 2014 as follows:
1 Januari 2014 adalah sebagai berikut: - SFAS 65 'Consolidated Financial Statements'
- PSAK 65 'Laporan keuangan konsolidasian' - SFAS 66 'Joint arrangements'
- PSAK 66 'Pengaturan bersama' - SFAS 67 'Disclosure of interests in other entities'
- PSAK 67 'Pengungkapan kepentingan dalam - SFAS 68 'Fair value measurement'
entitas lain' - SFAS 1 (revised 2013) 'Presentation of financial
- PSAK 68 'Pengukuran nilai wajar' statements'
- PSAK 1 (revisi 2013) 'Penyajian laporan keuangan' - SFAS 4 (revised 2013) 'Separate Financial
- PSAK 4 (revisi 2013) 'Laporan keuangan tersendiri' Statements'
- PSAK 15 (revisi 2013) 'Investasi pada entitas - SFAS 15 (revised 2013) 'Investments in associates
asosiasi dan ventura bersama' and joint venture'
- PSAK 24 (revisi 2013) 'Imbalan kerja' - SFAS 24 (revised 2013) 'Employee benefits'
- PSAK 46 (revisi 2014) 'Pajak penghasilan' - SFAS 46 (revised 2014) 'Income tax'
- PSAK 48 (revisi 2014) 'Penurunan nilai aset' - SFAS 48 (revised 2014) 'Impairment of assets'
- PSAK 50 (revisi 2014) 'Instrumen keuangan: - SFAS 50 (revised 2014) 'Financial instrument:
penyajian' presentation'
pengakuan dan pengukuran' recognition and measurement'
pengungkapan' disclosure'
- ISAK 26 (revisi 2014) 'Penilaian ulang derivatif - IFAS 26 (revised 2014) ' Reassessment of embedded
melekat' derivatives'
Penerapan dini revisi dan standar baru di atas Early application of the revised and new standards
sebelum 1 Januari 2015 tidak diijinkan. Pada saat above before January 1, 2015 is not allowed. At the
penerbitan laporan keuangan, Perusahaan masih time of issuance of the financial statements, the
mempelajari dampak yang mungkin timbul dari Company was still evaluating the possible impact
penerapan PSAK baru dan revisi tersebut serta of the adoption of this new and revised SFAS and its
pengaruhnya pada laporan keuangan Perusahaan. effect on the Company's financial statements.
Penjabaran Mata Uang Asing Foreign Currency Translation

Akun-akun tercakup dalam laporan keuangan The accounts included in the Company's financial
Perusahaan, diukur menggunakan mata uang statements are measured using the currency of
dari lingkungan ekonomi utama dimana entitas the primary economic environment in which the
beroperasi ('mata uang fungsional'). Laporan entity operates ('functional currency'). The financial
keuangan disajikan dalam Dolar AS (USD), yang statements are presented in US Dollars (USD), which
merupakan mata uang fungsional dan penyajian is the functional and presentation currency of the
Perusahaan. Company.
Transaksi dalam mata uang selain mata uang Dolar Transactions in currencies other than the US dollar
AS dijabarkan menjadi Dolar AS menggunakan kurs are translated into US dollars using the exchange
yang berlaku pada tanggal transaksi. Keuntungan rates prevailing at the transaction date. Gains and
dan kerugian selisih kurs yang berasal dari losses on foreign exchange derived from the payment
pembayaran atas transaksi-transaksi tersebut dan of such transactions and from the translation of
dari penjabaran aset dan liabilitas moneter dalam monetary assets and liabilities in currencies other
mata uang selain Dolar AS menggunakan kurs yang than US dollars using the exchange rates prevailing
berlaku pada akhir tahun diakui dalam laba rugi. at the end of the year are recognized in profit or
Kurs yang digunakan pada tanggal 31 Desember, loss The exchange rates used as of December 31
berdasarkan kurs tengah yang diterbitkan Bank was based on the middle rate published by Bank
Indonesia. Indonesia.

MANAJEMEN

TATA KELOLA PERUSAHAAN

Pertamina EP melakukan pemantauan kinerja kepatuhan GCG setiap empat
91.17% bulan untuk memastikan penerapan tata kelola perusahaan yang baik di
seluruh aspek Perusahaan
Kinerja Kepatuhan GCG Pertamina EP monitors GCG compliance performance every four months to
GCG Compliance Performance ensure the implementation of good corporate governance in all aspects of the
Company

TATA KELOLA
PERUSAHAAN
TATA KELOLA PERUSAHAAN YANG BAIK

Good Corporate Governance
Sebagai entitas bisnis berkelas dunia, Pertamina As a world class business entity, Pertamina EP
EP terus meningkatkan penerapan Tata Kelola continues to improve the application of Good
Perusahaan yang Baik atau Good Corporate Corporate Governance (GCG). The application
Governance (GCG). Penerapan meliputi seluruh covers all aspects of the Company, both in terms of
aspek Perusahaan, baik dari sisi struktur organisasi organizational structure and business processes.
maupun proses bisnis.
PEDOMAN TATA KELOLA GOVERNANCE GUIDELINES

Secara umum, penerapan dan pelaksanaan GCG In general, the application and implementation of
oleh Pertamina EP mengacu pada: GCG by Pertamina EP refer to:
1. Undang-Undang RI No.40 Tahun 2007 Tentang 1. Law of Republic of Indonesia No. 40 of 2007 on
Perseroan Terbatas Limited Liability Company
2. Peraturan Menteri Negara BUMN No.PER-01/ 2. State Ministry of State-owned Enterprises
MBU/2011 Tentang Penerapan Tata Kelola (BUMN) Regulation No.PER-01/MBU/2011 on
Perusahaan yang baik pada Badan Usaha Milik Implementation of Good Corporate Governance
Negara in State Owned Enterprises
3. Anggaran Dasar Pertamina EP 3. Pertamina EP Articles of Association
4. Board Manual 4. Board Manual
5. Code of Corporate Governance (CoCG) 5. Code of Corporate Governance (CoCG)
6. Buku Pedoman ECBC (Code of Conduct) 6. Manual Book of ECBC (Code of Conduct)
7. Pedoman Penerapan ECBC dan GCG No. 7. Guideline for ECBC and GCG Implementation
A-001/EP6000/2011-S0/Rev00 No. A-001/EP6000/2011-SO/Rev00
8. Tata Kerja Organisasi Sistem Pelaporan 8. Organization Work Procedure on Whistleblowing
Pelanggaran (Whistle Blowing System) No. B-001/ System No. B-001/EP6000/2011-SO/Rev00
EP6000/2011-S0/Rev00 9. Organization Work Procedure on Souvenir and
9. Tata Kerja Organisasi Pemberian dan Peneri- Hospitality Provision and Acceptance No. B-002/
maan Cinderamata serta Keramahtamahan EP6000/2011-SO/Rev00
No. B-002/EP6000/2011-S0/Rev00 10.
Individual Work Procedure on Preparation of
10. Tata Kerja Individu Penyusunan Laporan Tindak Ethics and GCG Complaint Follow Up Report No.
Lanjut Pengaduan Etika & GCG No. C-001/ C-001/EP6000/2011-SO/Rev00
EP6000/2011-S0/Rev00

TUJUAN DAN MANFAAT TATA KELOLA
Purpose and Benefits of Governance
TUJUAN TATA KELOLA Purpose of Governance MANFAAT TATA KELOLA Benefit of Governance

Mendorong tercapainya kesinambungan Perusahaan melalui Kejelasan tugas, kewenangan dan tanggung jawab antarfungsi
pengelolaan yang didasarkan pada prinsip transparansi, baik di organ utama maupun organ pendukung, sehingga
akuntabilitas, responsibilitas, independensi serta kewajaran dan mengarah pada iklim kerja dan budaya koordinasi yang lebih
kesetaraan. baik.
Encourage the achievement of the Company's sustainability Clarity of duties, authority and responsibilities across functions both
through a management based on the principles of transparency, in main organs and support organs, in order to lead to a better
accountability, responsibility, independence, fairness and equality. working climate and coordination culture.
Mendorong pemberdayaan fungsi dan kemandirian masing- Terciptanya komitmen bersama yang kuat dalam pencapaian visi
masing organ Perusahaan. Perusahaan.
Encourage empowerment of function and independence of each The creation of a strong collective commitment in achieving the
organ of the Company. Company's vision.
Mendorong pemegang saham, Dewan Komisaris dan Direksi
agar dalam membuat keputusan dan menjalankan tindakannya Meningkatnya kepercayaan pemangku kepentingan, terutama
dilandasi nilai moral yang tinggi dan kepatuhan terhadap pemangku kepentingan utama yakni PT Pertamina (Persero) selaku
peraturan perundang-undangan. pemegang saham dan pemerintah.
Encourage shareholders, the Board of Commissioners and Board of Increased confidence of stakeholders, especially key stakeholder,
Directors in decision making and carry out actions based on high PT Pertamina (Persero) as shareholder and the government.
moral values and compliance with laws and regulations.
Terciptanya iklim kerja yang kondusif yang mendorong pada
Mendorong timbulnya kesadaran dan tanggung jawab sosial
peningkatan kinerja Perusahaan, yang dibuktikan dengan
Perusahaan terhadap masyarakat dan kelestarian lingkungan
peningkatan angka produksi serta keuntungan Perusahaan.
terutama di sekitar Perusahaan.
The creation of a conducive working climate that leads to the
Raise the Company's awareness and social responsibility towards
Company's improved performance, as evidenced by the increase in
community and the environment, especially around the Company.
the figures of production and profits of the Company.
Mendorong timbulnya kesadaran nilai moral dan tanggung
Mengoptimalkan nilai Perusahaan bagi pemegang saham dengan jawab sosial Perusahaan terhadap masyarakat dan kelestarian
tetap memperhatikan pemangku kepentingan lainnya. lingkungan terutama di sekitar Perusahaan.
Optimize the Company's value for shareholders while remaining to Raise the Company's awareness of moral values and social
pay attention to other stakeholders. responsibility towards community and the environment, especially
around the Company.
Mengoptimalkan nilai Perusahaan bagi pemegang saham dengan
Meningkatkan daya saing Perusahaan. tetap memperhatikan pemangku kepentingan lainnya.
Raise the Company's competitiveness. Optimize the Company's value for shareholders while remaining to
pay attention to other stakeholders.
Pertamina EP juga menyesuaikan praktik-praktik Pertamina EP also adopts the best practices of
terbaik GCG, sesuai dengan perkembangan terkini good corporate governance, according to the latest
penerapan praktik-praktik terbaik tata kelola, di development, including: [G4-15]
antaranya: [G4-15] • ASEAN Corporate Governance Scorecard
• ASEAN Corporate Governance Scorecard • General Provisions of the National Committee on
• Ketentuan Umum dari Komite Nasional Kebijakan Governance ('KNKG')
Governance (KNKG)

PENERAPAN TATA KELOLA PERUSAHAAN CORPORATE GOVERNANCE IMPLEMENTATION

Sesuai tahapan penerapan praktik-praktik terbaik According to stages of implementation of GCG best
GCG, segenap upaya yang dilaksanakan Pertamina practices, all efforts undertaken by Pertamina EP in
EP pada tahun 2014 merupakan bagian dari 2014 have been part of the continuous improvement
perbaikan berkelanjutan tata kelola perusahaan. of corporate governance.
TAHAPAN PENERAPAN GCG

Stage of GCG Implementation
01
Pemahaman mendalam In-depth Understanding
• Kegiatan pemahaman tentang prinsip-prinsip • The activities to gain in-depth understanding
tata kelola perusahaan oleh Pemegang of corporate governance principles by the
Saham, Dewan Komisaris, Direksi, Manajemen, Shareholders, Board of Commissioners, Board of
Sekretaris Perusahaan, Satuan Pengawasan Directors, Management, Corporate Secretary,
Internal dan Komite Etika; Internal Control Unit and Ethics Committee;
• Internalisasi GCG kepada manajemen; • GCG internalization to the management,;
•
Pembentukan Komite Etika & GCG dan • The establishment of Ethics & GCG Committee,
pelatihan GCG kepada Komite Etika & GCG. and GCG training to the Ethics & GCG
Committee.
02
Konsolidasi Manusia dan Sistem Consolidation of People and System
• Pembangunan sarana dan prasarana tata •
Development of corporate governance
kelola perusahaan serta komitmen manajemen infrastructure and facilities as well as
melalui penyusunan Etika Kerja & Bisnis, serta management commitment through the
Board Manual; Internalisasi GCG kepada formulation of Work Ethics & Business Conduct,
manajemen; Board Manual, and GCG Internalization to
• Pelaksanaan sosialisasi dan penilaian GCG. management
• GCG dissemination and assessment.
03
Perbaikan Terus Menerus Continuous Improvement
• Perusahaan telah memiliki kompetensi dalam • The Company already has competencies in
praktek bisnis berdasarkan prinsip-prinsip business practices based on the GCG principles;
GCG; • Implement continuous improvement of proper
• Melaksanakan perbaikan berkelanjutan praktik GCG business practices;
bisnis GCG yang baik; • GCG learning & sharing;
• Learning & sharing GCG; • GCG internalization & dissemination to all
• Internalisasi & sosialisasi GCG kepada seluruh members of management and employees;
manajemen dan pekerja; • Annual GCG Assessment by an independent
• Assesment GCG setiap tahun oleh assessor assessor until it becomes the Company’s culture.
independen hingga menjadi budaya
perusahaan.
• Pedoman Umum Visi & Misi • Peraturan Teknis • Sosialisasi & • Implementasi • Budaya
GCG KNK Pertamina EP & Pelaksanaan Internalisasi Perusahaan
• Hukum & • Hukum & • Prosedur & • Implementation
Peraturan Peraturan Proses Bisnis • Dissemination & • Corporate Culture
Perundangan • Perundangan • Laws & Regula- Internalization
• Visi & Misi • Visi & Misi tions
Pertamina EP • Pertamina EP
• Technical Rules &
• Praktik Terbaik • Praktik Terbaik
Implementation
Eksternal Eksternal
• Business Process &
• Praktik Terbaik Vision & Mission of Procedure
Internal Pertamina EP • Committee Charter
• KNK GCG • Regulation &
General Legislation
• Laws and Regu- • Vision & Mission of
lations Pertamina EP
• Vision & Mission of • External Best
Pertamina EP Practice
• External Best
Practice
• Internal Best
Practice

PENINGKATAN PENERAPAN TATA KELOLA
Governance Application Improvement
Kami terus berikhtiar meningkatkan praktik-praktik We continue the efforts to improve business
bisnis berdasarkan prinsip-prinsip GCG, sebagai practices based on the principles of good corporate
budaya Perusahaan. Upaya yang dilakukan antara governance, as corporate culture. The efforts that
lain melalui learning & sharing GCG, internalisasi have been made, among others, GCG learning and
dan sosialisasi GCG kepada manajemen maupun sharing, GCG internalization and dissemination to
pekerja, serta pengujian (assesment) GCG berkala the management and employees, as well as GCG
oleh penguji (assessor) independen. assessment periodically by independent assessors.
PENERAPAN TEKNOLOGI INFORMASI [IR8] INFORMATION TECHNOLOGY APPLICATION [IR8]

E-Correspondence E-Correspondence
Pada tahun 2014, kami menerapkan In 2014, we have applied E-Correspondence,
E-Correspondence, yang merupakan sistem which is an electronic management system of
elektronik manajemen pedoman administrasi Pertamina integrated administrative guidelines
terpadu Pertamina (PATP). Penerapan (PATP). The application of E-Correspondence has
E-Correspondence memiliki keuntungan, yakni the advantages, which are guaranteed security
keamanan yang terjamin dan mengurangi and reduce the use of paper that contributes
penggunaan kertas sehingga turut mendukung to the preservation of the environment. The
pelestarian lingkungan. Secara bertahap, E-Correspondence will be gradually applied to
E-Correspondence akan diterapkan pada seluruh all management and employees of Pertamina EP.
manajemen dan pekerja Pertamina EP. Penerapan The E-Correspondence application is expected
E-Correspondence diharapkan dapat meniadakan to eliminate communication barriers between
hambatan komunikasi antara manajemen dan para management and employees.
pekerja.

Inovasi PO-Tax Tracking PO-Tax Tracking Innovation
Di bidang keuangan, Perusahaan berinisiatif In the financial sector, the Company has taken the
melakukan inovasi PO-Tax Tracking. Inovasi ini initiative to innovate PO-Tax Tracking. This innovation
diterapkan untuk memudahkan klarifikasi data is applied to ease clarification for tax calculation
perhitungan pajak dan meningkatkan keakuratan data and improve data accuracy in the clarification
data dalam tahap klarifikasi. Melalui inovasi stage. Through this innovation, all information
ini, semua informasi terkait perhitungan dan related to the calculation and payment of taxes
pembayaran pajak akan terintegrasi sehingga will be integrated so as to prevent losses caused by
dapat mencegah kerugian akibat pembayaran unnecessary tax payment.
pajak yang sebenarnya tidak perlu dibayar.
Penerapan GCG Compliance Online [G4-57] [G4-58] GCG Compliance Online Application [G4-57] [G4-58]
Kami melanjutkan penerapan GCG Compliance We continue with implementation of GCG
Online, yang merupakan perangkat daring Compliance Online, which is the online dissemination
sosialisasi serta pembelajaran GCG dan Etika Kerja and learning of GCG as well as Ethics Code and
dan Bisnis (ECBC). GCG Compliance Online diakses Business Conduct (ECBC). GCG Compliance Online
melalui portal Pertamina EP, dan berisi: is accessed through Pertamina EP portal, and
1. E-Learning ECBC contains:
2. LP2P (Laporan Pajak-Pajak Pribadi) 1. ECBC e-Learning
3. Code of Conduct 2. LP2P (Personal Tax Reports)
4. Gratifikasi 3. Code of Conduct
5. Conflic of Interest 4. Gratification
5. Conflict of Interest
GCG Compliance Online wajib diikuti oleh seluruh GCG Compliance Online is mandatory for all
pekerja dan diperbaharui setiap tahunnya. employees and will be updated every year. The
Pembaruan GCG Compliance Online yang updates of GCG Compliance Online conducted in
dilakukan pada tahun 2014 meliputi sosialisasi tata 2014 covering socialization of 6C and deepening of
nilai 6 C dan pendalaman pemahaman materi PKB understanding of CLA and GCG through case study.
dan GCG dengan studi kasus.
Melalui CGC compliance, pencapaian mencapai Through GCG Compliance Online, the achievement
91,17% yang artinya terdapat peningkatan reached 91.17%, which indicated improvement of
kesadaran para pekerja atas peran pentingnya tata employee awareness on the importance of good
kelola yang baik dalam menunjang tercapainya governance in supporting better performance
kinerja Perusahaan yang lebih baik. achievement of the Company.

Penerapan GCG Compliance Online ditujukan agar GCG Compliance Online implementation is
pekerja memiliki pemahaman atas apa yang akan intended to enable employees to have awareness
diterapkan dalam aktivitas kerja setiap hari. GCG on what to be applied in daily work activities. GCG
Compliance Online juga menyediakan fasilitas Compliance Online also provides whistleblowing
pelaporan atas pelanggaran terhadap ECBC. facility on violations of ECBC.
Sistem Operasi Terpadu (SOT) Integrated Operating System (SOT)

Kami mengelola proses pencatatan data produksi We manage the process of production data
melalui Sistem Operasi Terpadu (SOT) yang recording through Integrated Operating System
dicatatkan secara on-line day to day oleh Operator. (SOT) that are registered on-line day to day by the
Data produksi dicatat dari SPU hingga Terminal Operator. Production data are recorded from SPU
dan akan disetujui secara berjenjang mulai dari to Terminal and will be gradually approved ranging
Supervisor sampai dengan FM. from Supervisor to FM
Dengan pemberlakuan SOT ini, diharapkan data Through the application of SOT, it is expected that
yang diperoleh memiliki confidence level yang tinggi the data recorded has high confidence level (audit-
(auditable dan accountable) sebagai dasar untuk able and accountable) as a basis for evaluation/
melakukan evaluasi/ re-evaluasi. reevaluation.
SERTIFIKASI ISO 20000 ISO 20000 CERTIFICATION

Pertamina EP berusaha menjadikan fungsi-fungsi Pertamina EP tries to make the Company’s functions
di Perusahaan memenuhi kriteria tata kelola meet the governance criteria in accordance with
berstandar internasional melalui sertifikasi ISO. international standards through ISO certification.
Pada kurun waktu periode pelaporan, Fungsi During the reporting period, Information,
Information, Communication and Technology (ICT) Communication and Technology (ICT) Function
sukses mempertahankan ISO 20000, setelah melalui successfully maintained ISO 20000, after going
proses audit surveillance oleh auditor dari British through surveillance audit process by the British
Standard Institution (BSI). Standards Institution (BSI) auditor.
ETIKA KERJA DAN BISNIS [G4-56]

Work Ethics and Business Conduct
Pertamina EP memiliki Etika Kerja & Bisnis (ECBC) Pertamina EP has Ethics Code & Business Conduct
yang berisi tujuh aspek aturan perilaku yang (ECBC), which contains seven aspects of the code
dinyatakan dalam definisi, batasan, dan perilaku of conduct stated in the definition, boundaries, and
yang harus dilakukan (DO) dan tidak boleh dilakukan behavior of DOs and DON’Ts.
(DON’T).
ECBC berlaku untuk manajemen dan pekerja ECBC is applicable to the management and
dari seluruh organisasi Pertamina EP tanpa employees of Pertamina EP’s entire organization
pengecualian, termasuk Dewan Komisaris dan without exception, including the Board of
Direksi. Hal ini diperkuat dengan penandatanganan Commissioners and Board of Directors. This
Lembar Pernyataan ECBC & Pakta Integritas. Untuk is reinforced with the signing of the ECBC
memastikan penerapan dan penegakan aspek- Declaration Sheet and Integrity Pact. To ensure the
aspek yang tercantum dalam ECBC, Pertamina implementation and enforcement of the aspects
melakukan upaya-upaya: stipulated in the ECBC, Pertamina EP undertakes the
1. Sosialisasi e-learning PKB dan pemberian following efforts:
induction kepada pekerja baru 1. Socialization of PKB e-learning and provision of
2. Pernyataan PKB (code of conduct) dan tidak induction of new employee
berbenturan kepentingan (conflict of interest) oleh 2. Statement of PKB (code of conduct) and no
seluruh pekerja conflict of interest from all employee
3. Kewajiban pelaporan gratifikasi oleh seluruh 3. Obligation of gratification reporting by all
pekerja yang dilakukan setiap bulan employee every month
Penerapan dan penegakan ECBC tersebut ECBC implementation and enforcement reflect
mencerminkan nilai-nilai unggulan yang menjadi the core values that become corporate culture
budaya Perusahaan dan identitas nilai keunggulan and identity of the corporate core values of
perusahaan yang bersih, kompetitif, percaya clean, competitive, confident, customer focused,
diri, fokus kepada pelanggan, komersial, dan commercial, and capable. The corporate culture
berkemampuan. Budaya perusahaan dan nilai and core values support the achievement of
keunggulan mendukung pencapaian visi dan misi Pertamina EP’s vision and mission.
Pertamina EP.

ASPEK ECBC
ECBC Aspects
01
Kesetaraan & Profesionalisme Equality & Professionalism
Proses menuju Pertamina EP World Class dibangun The process towards World Class Pertamina EP is built
melalui pengembangan pekerja yang profesional through the professional employee development
berlandaskan tata nilai, berintegritas, berwawasan based on values of integrity, knowledgeable,
luas dan saling menghargai serta didukung oleh respectful and supported by a conducive working
lingkungan kerja yang kondusif. environment.
02
Integritas Bisnis Business Integrity

Pertamina EP menjalankan seluruh kegiatan Pertamina EP carries out the entire business activities
bisnisnya secara transparan, wajar, dapat in a transparent, fair, accountable and independent
dipertanggungjawabkan dan bersikap independen. manner.
03
Pengamanan Data dan Informasi Data and Information Protection

Pertamina EP mengelola dan menjaga kerahasiaan Pertamina EP manages and maintains data and
data dan informasi bisnis dengan baik serta business information confidentiality as well as
memanfaatkannya secara optimal hanya untuk making optimal use only for the benefit of the
kepentingan Perusahaan. Company.
04
Politik Politics
Pertamina EP dikelola secara profesional dan tidak Pertamina EP is professionally managed and is not
terkait dengan kegiatan politik. associated with political activities.

05
Finansial, Kinerja & Perlindungan Aset Financial, Performance & Asset Protection
Pertamina EP mencatat dan melaporkan Pertamina EP records and reports business
transaksi bisnis secara akurat, lengkap, dapat transactions accurately, completely, accountably
dipertanggungjawabkan dan dipercaya serta and trustworthy as well as manages and protects
mengelola dan melindungi aset perusahaan dalam the company’s assets in order to ensure its business
rangka menjamin kelangsungan usahanya. continuity.
06
Kepedulian Terhadap Komunitas Care for Community

Pertamina EP selalu mengutamakan aspek Pertamina EP always prioritizes occupational safety,
keselamatan, kesehatan kerja dan lingkungan. health and environment.
07
Persaingan Usaha Business Competition

Pertamina EP menyadari pentingnya kegiatan Pertamina EP is aware of the importance of effective,
rantai suplai secara efektif, efisien, kompetitif, efficient, competitive, transparent, fair, responsible
transparan, adil, bertanggung jawab, mendukung supply chain activities, which support and promote
dan menumbuhkembangkan kemampuan nasional national capacity and environmentally sound.
serta berwawasan lingkungan.

PENILAIAN PENERAPAN TATA KELOLA PERUSAHAAN

Corporate Governance Implementation Assessment
Secara berkesinambungan Pertamina EP Pertamina EP continuously conducts GCG

melaksanakan penilaian penerapan GCG. Melalui implementation assessment. Through this
penilaian ini, kami memastikan terjadi peningkatan assessment, we ensure quality improvement
kualitas penerapan praktik-praktik terbaik tata of corporate governance best practices
kelola perusahaan, termasuk oleh Dewan Komisaris implementation, including by the Board of
maupun Direksi sebagai pejabat tertinggi tata Commissioners and Board of Directors as the highest
kelola. [G4-44] officials of governance. [G4-44]
Pertamina EP melakukan penilaian/assessment PT Pertamina EP regularly conducts assessment of

terhadap penerapan GCG secara berkala setiap the GCG implementation every 2 (two) years, as
2 (dua) tahun sekali, sebagaimana yang tertuang stipulated in the Regulation of the State Minister
dalam Peraturan Menteri Negara BUMN Nomor: PER- of State-owned Enterprises No. PER-01/MBU/2011
01/MBU/2011 tanggal 1 Agustus 2011. Penilaian dated August 1, 2011. The last assessment carried
terakhir dilakukan oleh Instansi Pemerintah (BPKP) out by the Financial and Development Supervisory
tahun 2013 dengan capaian sangat baik (88,85). Board (BPKP) in 2013 received ‘very good’ category
Pada tahun 2014, penilaian penerapan GCG with score of 88,85. In 2014, assessment of GCG
dilakukan oleh pihak internal Perusahaan. implementation was carried out by internal party of
the Company.
HASIL PENGUJIAN GCG PERTAMINA EP

Results of Pertamina EP GCG Assessment
Tahun Year Aspek Pengujian GCG GCG Assessment Aspect Nilai Capaian Score Kategori Category
Badan Pengawasan Keuangan dan Pembangunan
2013 88.85 Sangat Baik Very Good
Financial and Development Supervisory Board
Badan Pengawasan Keuangan dan Pembangunan
2012 81.58 Baik Good
Financial and Development Supervisory Board

88.85%
PENILAIAN PENERAPAN
TATA KELOLA
Assessment of Governance
Application


STRUKTUR TATA KELOLA

Corporate Governance Structure
Sesuai Undang-Undang (UU) No.40 Tahun 2007 In accordance with Law No. 40 of 2007 on Limited
Tentang Perseroan Terbatas, struktur tata kelola Liability Company, Pertamina EP’s governance
Pertamina EP terdiri atas Rapat Umum Pemegang structure consists of the General Meeting of
Saham (RUPS), Dewan Komisaris dan Direksi. Shareholders (GMS), the Board of Commissioners
Masing-masing organ tata kelola mempunyai peran and Board of Directors. Each governance organ
penting dalam penerapan GCG dan menjalankan has a critical role in GCG implementation and
fungsi, tugas, dan tanggung jawabnya untuk performing the functions, duties, and responsibilities
kepentingan Perusahaan. for the interest of the Company.
INFORMASI PEMEGANG SAHAM UTAMA [G4-7]

Main Shareholders Information
PERTAMINA 99.99% PEMERINTAH INDONESIA 100%

Government of Indonesia
PERTAMINA EP
PDV0.01%
RUPS merupakan wadah para Pemegang Saham GMS is a forum for shareholders whose authorities
yang memiliki wewenang yang tidak dilimpahkan are not delegated to the Board of Commissioners
kepada Dewan Komisaris dan Direksi. and Board of Directors.
Dewan Komisaris melakukan pengawasan terhadap Board of Commissioners performs oversight on the
pengelolaan yang dilakukan Direksi serta melakukan management carried out by the Board of Directors
penasihatan agar kinerja Perusahaan menjadi lebih and provides advisory role for better performance of
baik. the Company.
Direksi bertanggung jawab penuh atas pengelolaan Board of Directors is fully responsible for the
Perusahaan sesuai amanah yang diberikan. Company’s management in accordance with its
Baik Dewan Komisaris dan Direksi diangkat dan mandate. The Board of Commissioners and Directors
diberhentikan oleh RUPS. are both appointed and discharged by the GMS.

ORGANISASI TATA KELOLA
Corporate Governance Organization

GENERAL MEETING
OF SHAREHOLDERS
ETHIC AND GCC Presiden Director BOARD OF

COMMITTEE ADRIANSYAH COMMISSIONERS
BOARD OF
COMMISSIONERS
SECRETARIATE
Exploration & New PJ. Production & Operation Finance & Business Support
Discovery Project Director Development Director Director AUDIT COMMITTEE
Director
DODDY PRIAMBODO SATOTO AGUSTONO RIYANTO SUWARNO LUKITANINGSIH
Asset 1 General Manager: INVESMENT &

IRWANSYAH RISK MANAGEMENT
COMMITTEE
Treasury & Finance Operation
Tehnical Support Exploitation
ADI PRASETYANA
RICKY ADI WIBOWO HERUTAMA TRIKORANTO Asset 2 General Manager: MAHENDRADANI

FACHRIZAL
Exploration Surface Facility Controller & Partnership

INDRA PRASETYA JAMSATON NABABAN Financial
Asset 4 General Manager: DARLIS
CHALID SAID SALIM
NEW DISCOVERY PROJECT (S)

1. Jawa Gas Development ABDUL CHALIK
Project EOR ICT
CHALID SAID SALIM WIT MULYA BUDI WIDYARTA
2. Matindok Gas Development
Project Drilling
MEDIANTO BUDI SATYAWAN BAMBANG WIDJANARKO
3. Pondok Makmur
Development Project
4. Paku Gajah Oil & Gas Monetization
Business Partnership
Development Project LANDONG PARASI
TUBAGUS NASIRUDDIN
MUSALAM LATUCONSINA T. SILALAHI
Stategic Planing & Internal Audit Human Resource

Legal & Relation OC & OE HSSE SCM & General Service
Risk Management FIRDAUS BAMBANG BENI SYARIF
DATU YODI PRIYATNA TOLINGUL ANWAR LELIN EPRIANTO* ELIZAR P. HASIBUAN
NELSON SITOMPUL SAPUTRA HIDAYAT

RAPAT UMUM PEMEGANG SAHAM (RUPS)

General Meeting of Shareholders (GMS)
RUPS merupakan organ Perusahaan tertinggi GMS is the supreme organ of the Company and
dan memfasilitasi Pemegang Saham dalam facilitates the shareholders in making important
membuat keputusan-keputusan penting atas decisions on all strategic and operational decisions,
segala keputusan strategis dan operasional, which determines the direction of Pertamina EP’s
yang menentukan arah investasi Pertamina EP. investments. GMS notifications and invitations are
Pemberitahuan dan undangan RUPS disampaikan sent to the Shareholders 14 days prior to the time
kepada Pemegang Saham 14 hari sebelum waktu of event. Each Shareholder has equal right to be
pelaksanaan. Setiap Pemegang Saham memiliki involved in any decisions made in the GMS. [G4-49]
hak yang sama untuk terlibat dalam proses setiap
keputusan yang diambil dalam RUPS. [G4-49]
The GMS is a mechanism for shareholders to assess
RUPS juga menjadi mekanisme bagi Pemegang the performance of the Board of Commissioners
Saham untuk melakukan penilaian kinerja Dewan and Board of Directors, including their performance
Komisaris dan Direksi, termasuk juga kinerja of social and environmental responsibility, which
tanggung jawab sosial dan lingkungan, yang antara is presented by the Board of Commissioners and
lain disampaikan Dewan Komisaris dan Direksi Board of Directors in the Integrated Annual Report.
dalam Laporan Tahunan Terintegrasi. [G4-44] [G4-44]
PELAKSANAAN DAN PUTUSAN RUPS 2014 IMPLEMENTATION AND RESOLUTIONS OF GMS

[G4-50] 2014 [G4-50]
RUPS terbagi atas RUPS Sirkuler dan RUPS Fisik/ GMS consists of Circular and Annual General
Tahunan. Selama tahun 2014, Pertamina EP bersama Meeting of Shareholders. During 2014, Pertamina EP
Pemegang Saham telah menyelenggarakan 14 kali together with shareholders held 14 times of Circular
RUPS Sirkuler dan 1 kali RUPS Fisik/Tahunan. GMS and one Annual GMS.
PELAKSANAAN RUPS SIRKULER 2014

Implementation of GMS Circular 2014
Tempat : Gedung Standard Chartered, Jakarta / Place: Standard Chartered Building, Jakarta
NO HASIL DAN KEPUTUSAN TAHUNAN / ANNUAL RESOLUTIONS
1 23 Januari 2014 / 23 January 2014

Menetapkan dividen untuk Tahun Buku Yang Berakhir Sampai Resolve that dividends for the Fiscal Year Ended December
dengan 31 Desember 2012 kepada Para Pemegang Saham 31, 2012 to the Shareholders of the Company amounted to
Perseroan sebesar USD2.152.051.327,92 dengan rincian USD2,152,051,327.92 with the following details:
sebagai berikut :
a. Dividen kepada PT Pertamina (Persero) selaku pe- a. Dividends to PT Pertamina (Persero) as shareholder
megang 99,99% saham Perseroan adalah sebesar of 99.99% of the Company’s shares amounted to USD
USD2.151.836.122,79 yang pembayarannya akan dilaku- 2,151,836,122.79 which payment will offset the Compa-
kan dengan cara off setting piutang Perseroan kepada PT ny’s receivables to PT Pertamina (Persero)
Pertamina (Persero) b. Dividends to PT Pertamina Dana Ventura (PT PDV) as
b. Dividen kepada PT Pertamina Dana Ventura (PT PDV) shareholder of 0.01% of the Company’s shares amounted
selaku pemegang saham 0,01% saham Perseroan adalah to USD 215,205.13
sebesar USD215.205,13
Penyelesaian pembukuan dividen tahun 2012 tersebut Completion of 2012 dividend recording was conducted in
dilakukan dalam tahun anggaran 2013. fiscal year 2013.
2 4 Maret 2014 / 4 March 2014

1. Mengangkat Sdr. Denny Indrayana sebagai Komisaris 1. Appoint Mr Denny Indrayana as Commissioner of the
Perseroan, berlaku efektif terhitung mulai tanggal Company, effective as of the date of the Shareholders’
Keputusan Pemegang Saham secara Sirkuler ini Resolution Circular is signed, or until the General Meeting
ditandatangani, atau sampai dengan Rapat Umum of Shareholders decides otherwise.
Pemegang Saham Perseroan memutuskan lain. 2. Appoint Mr Eddy Mulyadi Soepardi as Commissioner of
2. Mengangkat Sdr. Eddy Mulyadi Soepardi sebagai the Company, effective as of the date of the Shareholders’
Komisaris Perseroan, berlaku efektif terhitung mulai Resolution Circular is signed, or until the General Meeting
tanggal Keputusan Pemegang Saham secara Sirkuler of Shareholders decides otherwise.
ini ditandatangani, atau sampai dengan Rapat Umum
Pemegang Saham Perseroan memutuskan lain. Thus the composition of Commissioners of the Company is
Dengan demikian susunan Komisaris Perseroan menjadi : as follows:
• Komisaris Utama : Sdr. Muhamad Husen • President Commissioner : Mr Muhamad Husen
• Komisaris : Sdr. M. Afdal Bahaudin • Commissioner : Mr M. Afdal Bahaudin
• Komisaris : Sdr. Denny Indrayana • Commissioner : Mr Denny Indrayana
• Komisaris : Sdr. Eddy Mulyadi Soepardi • Commissioner : Mr Eddy Mulyadi Soepardi

3 4 Maret 2014 / 4 March 2014
1. Menyetujui Direksi Perseroan untuk Penetapan Wilayah 1. Approve that the Board of Directors establish Area for
Kerjasama Operasi (KSO), Penetapan Mitra KSO dan Joint Operation (KSO), Determination of KSO Partner
Penandatanganan Perjanjian KSO Produksi EOR Area and Signing of KSO Agreement for EOR Production of
Operasi Meruap, pasca terminasi TAC PEP-BWP Meruap Operations Area Meruap, post-termination of TAC PEP-
Pte. Limited. BWP Meruap Pte. Limited.
2. Memerintahkan Direksi Perseroan untuk melaksanakan 2. Instruct Board of Directors to conduct the operational
pengawasan operasional atas pelaksanaan KSO. supervision on KSO implementation.
Dalam melaksanakan perjanjian sebagaimana dimaksud In implementing the settlement as referred to in point 1,
dalam butir 1 (satu) diatas, Direksi Perseroan agar the Board of Directors shall observe the provisions of the
memperhatikan ketentuan perundang-undangan yang applicable laws and the principles of good corporate
berlaku dan kaidah-kaidah tata kelola perusahaan yang governance (GCG).
baik (GCG).
4 7 Maret 2014 / 7 March 2014

1. Meminta Direksi Perseroan menyelesaikan permasala- 1. Request the Board of Directors resolve problems with PT
han dengan PT Lirik Petroleum melalui jalur perdamaian Lirik Petroleum through peaceful measures by signing and
dengan menandatangani dan melaksanakan Perjanjian implementing the Deed of Settlement (Dading).
Damai (Dading). 2. Request the Board of Directors repeal Judicial Review
2. Meminta Direksi Perseroan mencabut upaya hukum Pen- a lawsuit over Unlawful Act and Resistance against
injauan Kembali (PK) atas gugatan Perbuatan Melawan Execution (Partij Verzat) which is currently in process in the
Hukum dan Perlawanan Eksekusi (Partij Verzat) yang saat Supreme Court.
ini masih dalam proses di Mahkamah Agung. 3. Request the Company to bear the entire cost of comple-
3. Meminta Perseroan untuk menanggung seluruh biaya tion as stipulated in the Deed of Settlement (Dading).
penyelesaian sebagaimana disebutkan dalam Perjanjian
Damai (Dading). In implementing the settlement as referred to in point 1 to
Dalam melaksanakan penyelesaian sebagaimana dimaksud point 3, the Board of Directors shall observe the provisions

dalam butir 1 sampai dengan butir 3 diatas, Direksi Perse- of the applicable laws and the principles of good corporate
roan agar memperhatikan ketentuan perundang-undangan governance (GCG)
yang berlaku dan kaidah-kaidah tata kelola perusahaan
yang baik (GCG).
5 19 Maret 2014 / 19 March 2014

1. Menyetujui Direksi Perseroan untuk Penetapan Wilayah 1. Approve that the Board of Directors establish Area for Joint
Kerjasama Operasi (KSO), Penetapan Mitra dan Penanda- Operation (KSO), Determination of KSO Partner and Sign-
tanganan Perjanjian KSO Wasian Mogoi,pasca terminasi ing of KSO Agreement for Wasian Mogoi, post-termination
TAC Pertamina EP-PT. Patrindo Persadamaju. of TAC Pertamina EP- PT. Patrindo Persadamaju.
2. Memerintahkan Direksi Perseroan untuk melaksanakan 2. Instruct Board of Directors to conduct the operational
pengawasan operasional atas pelaksanaan KSO. supervision on KSO implementation.
Dalam melaksanakan perjanjian sebagaimana dimaksud In implementing the settlement as referred to in point 1, the
dalam butir 1 (satu) diatas, Direksi Perseroan agar memper- Board of Directors shall observe the provisions of the appli-
hatikan ketentuan perundang- undangan yang berlaku dan cable laws and the principles of good corporate governance
kaidah-kaidah tata kelola prusahaan yang baik (GCG). (GCG).
6 23 April 2014 / 23 April, 2014

1. Menetapkan dividen untuk Tahun Buku Yang Berakhir Sam- 1. Resolve that dividends for the Fiscal Year Ended December
pai dengan 31 Desember 2012 kepada Para Pemegang 31, 2012 to the Shareholders of the Company amounted
Saham Perseroan sebesar USD2.152.051.327,92 dengan to USD2,152,051,327.92 with the following details:
rincian sebagai berikut : a. Dividends to PT Pertamina (Persero) as shareholder
a. Dividen kepada PT Pertamina (Persero) selaku pe- of 99.99% of the Company’s shares amounted to USD
megang 99,99% saham Perseroan adalah sebesar 2,151,836,122.79 which payment will offset the Compa-
USD2.151.836.122,79 yang pembayarannya akan ny’s receivables to PT Pertamina (Persero)
dilakukan dengan cara off setting piutang Perseroan b. Dividends to PT Pertamina Dana Ventura (PT PDV) as
kepada PT Pertamina (Persero) shareholder of 0.01% of the Company’s shares amount-
b. Dividen kepada PT Pertamina Dana Ventura (PT PDV) se- ed to USD215,205.13
laku pemegang saham 0,01% saham Perseroan adalah
sebesar USD215.205,13 2. Completion of 2012 dividend recording was conducted in
2. Penyelesaian pembukuan dividen tahun 2012 tersebut fiscal year 2013.
dilakukan dalam tahun anggaran 2014.
3. Mencabut dan membatalkan Keputusan Pemegang 3. Revoke and annul the Circular Decision of Shareholders of
Saham Secara Sirkuler Perseroan tanggal 23 Januari 2014 the Company dated January 23, 2014 on Determination
tentang Penetapan Dividen sebagaimana dimaksud. of Dividend referred.

7 24 April 2014 / 24 April, 2014

1. Menetapkan dividen untuk Tahun Buku Yang Berakhir Sam- 1. Resolve that dividends for the Fiscal Year Ended December
pai dengan 31 Desember 2013 kepada Para Pemegang 31, 2013 to the Shareholders of the Company amounted
Saham Perseroan sebesar USD4.269.558.332 dengan to USD4,269,558,332 with the following details:
rincian sebagai berikut :
a. D ividen kepada PT Pertamina (Persero) selaku pe- a. Dividends to PT Pertamina (Persero) as shareholder
megang 99,99% saham Perseroan adalah sebesar of 99.99% of the Company’s shares amounted to USD
USD4.269.131.377 yang pembayarannya akan dilakukan 4,269,131,377 which payment will offset the Company’s
dengan cara off setting dengan hutang Pertamina. receivables to PT Pertamina (Persero)
b. D ividen kepada PT Pertamina Dana Ventura (PT PDV) b. Dividends to PT Pertamina Dana Ventura (PT PDV)
selaku pemegang saham 0,01% saham Perseroan ada- as shareholder of 0.01% of the Company’s shares
lah sebesar USD426.956, yang pembayarannya akan amounted to USD426,956
dilakukan dengan cara cash settlement.
2. Penyelesaian pembukuan dividen tahun 2013 tersebut 2. The 2013 dividend recording was finalized in fiscal year
dilakukan dalam tahun anggaran 2014. 2014.
8 14 Mei 2014 / 12 May 2014

1. Menetapkan dan mengesahkan Rencana Kerja dan 1. Resolve and authorize Corporate Work Plan and Budget
Anggaran Perusahaan (RKAP) Perseroan Tahun Buku (RKAP) for Fiscal Year 2014 (two thousand and fourteen)
2014 (duaribu empatbelas) sebagaimana dimaksud as referred to in the attachment of this Shareholders
dalam lampiran yang tidak terpisahkan dari Keputusan Resolution Circular, as follows:
Pemegang Saham secara Sirkuler ini,dengan ringkasan
sebagai berikut :
a. LABA (RUGI) (USD Ribu): a. PROFIT (LOSS) (Thousands USD) :
Pendapatan Usaha 5.673.034 Operating Revenues 5,673,034
Beban Usaha (2.046.086) Operating Expenses (2,046,086)
Laba Usaha 3.626.948 Operating Income 3,626,948
Pendapatan (Beban) lain-lain (25.123) Other Income (Expenses) (25,123)
Laba (Rugi) Sebelum Pajak 3.601.825 Profit (Loss) Before Tax 3,601,825
Pajak Penghasilan (1.458.739) Income Tax (1,458,739)
Laba (Rugi) Tahun Berjalan 2.143.086 Profit (Loss) for the Year 2,143,086
b. INVESTASI (USD): b. INVESTMENT (USD)

1. Asset 1 139.516.056 1. Asset 1 139,516,056
2. Asset 2 181.858.670 2. Asset 2 181,858,670
3. Asset 3 186.569.736 3. Asset 3 186,569,736
4. Asset 4 4.061.017 4. Asset 4 4,061,017
5. Asset 5 220.308.917 5. Asset 5 220,308,917
6. Eksplorasi 176.946.280 6. Exploration 176,946,280
7. EOR KP EP 14.983.070 7. EOR KP EP 14,983,070
8. PMDP 45.690.316 8. PMDP 45,690,316
9. JGDP 33.744.198 9. JGDP 33,744,198
10. MGDP 288.500.027 10. MGDP 288,500,027
11. PGDP 27.389.043 11. PGDP 27,389,043
12. Tiung Biru-Jimbaran 90.716.361 12. Tiung Biru-Jimbaran 90,716,361
13. ICT 4.568.146 13. ICT 4,568,146
14. KP HSSE 8.543.495 14. KP HSSE 8,543,495
Total Investasi 1.423.395.332 Total Investments 1,423,395,332
2. Menyetujui tingkat kesehatan yang merupakan lampiran 2. To approve the level of health as an integral attachment
tidak terpisahkan dari RKAP Perseroan Tahun Buku 2014 of RKAP for the Fiscal Year 2014, the company
dengan perusahaan kategori 'Eksplorasi’ dan Klasifikasi category of 'Exploration' and Classification of Company
Tingkat Kinerja Perusahaan Sehat 'A', sebagai berikut : Performance Health Level as 'A', as follows:
Nilai Kinerja Keuangan (NKK): 63.21 Sehat Financial Performance Score (NKK) : 63.21 Healthy
Nilai Kinerja Pertumbuhan(NKP): 5.00 Tumbuh Tinggi Growth Performance Score (NKP) : 5.00 High Growth
Nilai Kinerja Administrasi (NKA): 10.00 Tertib Administrative Performance Score (NKA): 10.00 In Order
Total (NKK+NKP+NKA) 78.21 Sehat A Total (NKK+NKP+NKA) 78.21 Healthy A
3. Menugaskan Perseroan segera menyusun Key 3. Assign the Company immediately prepare Key
Performance Indicator (KPI) yang akan disetujui oleh Performance Indicator (KPI) to be approved by the
Rapat Umum Pemegang Saham (RUPS) Perseroan General Meeting of Shareholders (GMS) of the Company
secara terpisah dan akan menjadi bagian yang tidak separately and will be an integral part of RKAP for Fiscal
terpisahkan dari RKAP Perseroan Tahun Buku. Year 2014.
4. Direksi bertanggung jawab terhadap pelaksanaan RKAP 4. The Board of Directors is responsible for the
Tahun Buku 2014 dan Dewan Komisaris bertanggung implementation of RKAP for Fiscal Year 2014 and the
jawab terhadap pengawasan pelaksanaan RKAP Tahun Board of Commissioners is responsible for oversight of
Buku 2014. execution of RKAP for Fiscal Year 2014.

9 3 Juni 2014 / 3 June 2014
1. Menetapkan penghargaan atas kinerja tahunan 1. Determine performance-based bonus (Tantiem) to
(Tantiem) kepada Direksi dan Dewan Komisaris Perseroan the Board of Directors and Board of Commissioners
untuk tahun buku 2013 sesuai dengan Permen BUMN for the fiscal year 2013 in accordance with
Nomor 04/2014. Regulation of Minister of SOEs No. 04/2014.
Tantiem tersebut diberikan kepada Direksi dan Dewan The performance-based bonus is given to the Board of
Komisaris Perseroan yang menjabat dalam Tahun Directors and Board of Commissioners who served in the
Buku 2013 (dua ribu tiga belas), secara proporsional Fiscal Year 2013 (two thousand and thirteen), in proportion
sesuai dengan lamanya yang bersangkutan menduduki to the length of the each terms of office respectively.
jabatannya masing-masing.
2. Pajak atas Tantiem ditanggung oleh penerima. 2. Tax on performance-based bonus borne by the recipient.
3. Bagi anggota Direksi dan Pekerja PT Pertamina (Persero) 3. For members of the Board of Directors and Workers
yang menjadi anggota Dewan Komisaris Perseroan of PT Pertamina (Persero) who become members of
pada tahun buku 2013 tidak berhak atas Tantiem the Board of Commissioners of the Company in fiscal
sebagaimana diatur dalam Surat Keputusan (SK) year 2013 are not entitled to a performance-based
Direktur Utama Pertamina No.Kpts-20/C00000/2011-S0 bonus as stipulated in the Decree (SK) of Pertamina
tanggal 31-03-2011, dan oleh karena itu Tantiem President Director No.Kpts-20/C00000/2011-S0 dated
yang bersangkutan dibayarkan kepada PT Pertamina 31-03-2011, and therefore their bonuses are paid to PT
(Persero). Pertamina (Persero).
10 13 Agustus 2014 / 13 August 2014

1. Merevisi bagian judul RUPS 1. Revise the title of GMS
Semula : Previous:
'Penyelesaian Permasalahan Ganti Kerugian kepada PT. 'Settlement of Compensation to PT Lirik Petroleum based
Lirik Petroleum Berdasarkan ICC Arbitration Final Award on ICC Arbitration Final Award dated February 29, 2009.
Tanggal 29-02-2009. Revised into:
Menjadi : Settlement of Compensation to PT Lirik Petroleum based
'Penyelesaian Permasalahan Ganti Kerugian kepada PT. on ICC Arbitration Final Award dated February 27, 2009.
Lirik Petroleum Berdasarkan ICC Arbitration Final Award
Tanggal 27-02-2009.

2. Merevisi bagian keputusan RUPS butir 3: 2. Revise GMS Resolution point 3:
Semula : Previous:
'3. Meminta Perseroan untuk menanggung seluruh '3. R equest the Company to bear all costs of resolution
biaya penyelesaian sebagaimana disebutkan dalam as stipulated in the Deed of Settlement (Dading)'.
Perjanjian Damai (Dading)'. Revised into:
Menjadi : '3. Approve all costs of settlement as stipulated in
'3. Menyetujui seluruh biaya penyelesaian sebagaimana the Deed of Settlement (Dading) are borne by PT
disebutkan dalam Perjajian Damai (Dading) Pertamina (Persero)'.
ditanggung oleh PT Pertamina (Persero)".
3. Merevisi bagian keputusan RUPS butir 4 : 3. Revise GMS Resolution point 4:

Semula : Previous:
'4.
Dalam melaksanakan penyelesaian sebagaimana '4. In implementing the settlement as referred to in point
dimaksud dalam butir 1 (satu) sampai dengan butir 1 (one) to point 3 (three), the Board of Directors shall
3 (tiga) diatas, Direksi Perseroan agar memperhatikan observe the provisions of the applicable laws and the
ketentuan perundang-undangan yang berlaku dan principles of good corporate governance'.
kaidah-kaidah tata kelola perusahaan yang baik Revised into:
Menjadi :
'4.
Dalam melaksanakan penyelesaian sebagaimana '4. In implementing the settlement as referred to in point
dimaksud dalam butir 1 (satu) dan 2 (dua) diatas, 1 (one) and point 2 (two), the Board of Directors shall
Direksi Perseroan agar memperhatikan ketentuan observe the provisions of the applicable laws and the
perundang-undangan yang berlaku dan kaidah- principles of good corporate governance'.
kaidah tata kelola perusahaan yang baik.
11 13 Agustus 2014 / 13 August 2014

Menyetujui pembayaran honorarium Dewan Komisaris Approve the payment of honorarium for the Board of
Perseroan sesuai Permen BUMN No.PER-04/MBU/2014 Commissioners in accordance with Regulation of Minister
terhitung mulai tanggal 01-04-2014 (satu April tahun of SOEs No.Per SOE-04/MBU/2014 as of April 1, 2014
duaribu empat belas) atas Penugasan Direksi/Pekerja PT (April one two thousand and fourteen) on Assignment of
Pertamina (Persero) sebagai Dewan Komisaris/Dewan Directors/Workers of PT Pertamina (Persero) as the Board of
Pengawas di Perseroan. Commissioners/Oversight Board in the Company.
Antara lain dengan ketentuan sebagai berikut : The provisions are as follows:
a. Faktor Jabatan Honorarium Komisaris Utama adalah a. President Commissioner Honorarium factor is 45% (forty
45% (empat puluh lima persen) dari Gaji Direktur Utama five percent) of the Salary of President Director of the
Perseroan. Company.
b. Faktor Jabatan Honorarium Komisaris 90% (sembilan b. Commissioner Honorarium factor is 90% (ninety percent)
puluh persen) dari Honorarium Komisaris Utama of the honorarium of the President Commissioner of the
Perseroan. Company.

12 24 September 2014 / 24 September, 2014

Menyetujui pembayaran honorarium untuk Dewan Komisaris Approve the payment of honorarium for the Board of
Perseroan sesuai Permen BUMN No.PER-04/MBU/2014 Commissioners in accordance with Regulation of Minister of
terhitung mulai tanggal 01-04-2014 (satu April tahun dua SOEs No.Per-04/MBU/2014 as of April 1, 2014 (April one two
ribu empat belas) dengan ketentuan sebagai berikut : thousand and fourteen) The provisions are as follows:
a. Faktor Jabatan Honorarium Komisaris Utama adalah a. President Commissioner Honorarium factor is 45% (forty
45% (empat puluh lima persen) dari Gaji Direktur Utama five percent) of the Salary of President Director of the
Perseroan. Company.
b. Faktor Jabatan Honorarium Komisaris 90% (sembilan b. Commissioner Honorarium factor is 90% (ninety percent)
puluh persen) dari Honorarium Komisaris Utama of the honorarium of the President Commissioner of the
Perseroan. Company.
13 23 Oktober 2014 / 23 October 2014

1. Menyetujui Perseroan untuk melaksanakan penawaran 1. Approve the Company to carry out cooperation with other
kerjasama dengan pihak lain dalam bentuk Kerjasama parties under Joint Operation (KSO) for operating area of
Operasi (KSO) untuk area operasi di Perseroan sebagai the Company as follows:
berikut : a. O perating Area Babat Kukui for cooperation under KSO
a. Area Operasi Babat Kukui untuk dikerjasamakan dengan Production
bentuk KSO Produksi
b. Area Operasi Ngrayong, Wonocolo, Dandangilo – b. O perating Area Ngrayong, Wonocolo, Dandangilo -
Brojonegoro untuk dikerjasamakan dengan bentuk KSO Brojonegoro for cooperation under KSO Production
Produksi
c. A rea Operasi Mambang Sebasa untuk dikerjasamakan c. O perating Area Mambang Sebasa for cooperation
dengan bentuk KSO Produksi under KSO Production
d. Area Operasi Tanjung Miring Barat untuk dikerjasamakan d. O perating Area Tanjung Miring Barat for cooperation
dengan bentuk KSO Produksi under KSO Production
e. Area Operasi Lampung Onshore untuk dikerjasamakan e. O perating Area Lampung Onshore for cooperation
dengan bentuk KSO Eksplorasi under KSO Exploration
2. Memberikan kuasa kepada Presiden Direktur Perseroan 2. Authorize President Director of the Company to sign KSO
untuk menandatangani Perjanjian KSO atas Area Operasi Agreement on Operating Areas referred to in point 1.
sebagaimana dimaksud dalam butir 1 diatas.
14 10 November 2014 / 10 November, 2014

1. Memberhentikan dengan hormat Sdr. BENI JAFFILIUS 1. Honorably discharge Mr BENI JAFFILIUS IBRADI AD as
IBRADI AD sebagai Direktur Operasi dan Produksi Perse- Operation and Production Director, effective as of the
roan, berlaku efektif terhitung mulai tanggal Keputusan date of the Shareholders’ Circular Resolution is signed
Pemegang Saham Secara Sirkulerini ditandatangani dan with appreciation for his services to the Company.
disertai ucapan terima kasih atas jasa-jasanya terhadap
Perseroan.
2. Mengangkat Sdr. RIYANTO SUWARNO sebagai PJ.Direktur 2. Appoint Mr RIYANTO SUWARNO as Acting Operation and
Operasi dan Produksi Perseroan berlaku efektif terhitung Production Director effective as of the date of the Share-
mulai tanggal Keputusan Pemegang Saham Secara holders’ Circular Resolution is signed, for a period of 1
Sirkuler ini ditandatangani, untuk jangka waktu 1 (satu) (one) term as referred to in the Articles of Association
periode sebagaimana dimaksud dalam Anggaran or until the General Meeting of Shareholders decides
Dasar Perseroan atau sampai dengan Rapat Umum otherwise. Thus, the Board of Directors of the Company
Pemegang Saham Perseroan memutuskan lain. Dengan consists of:
demikian, susunan Direksi Perseroan menjadi : • President Director : Mr ADRIANSYAH;
• Presiden Direktur : Sdr. ADRIANSYAH; • Acting Operation and Production Director:
• PJ. Direktur Operasi dan Produksi : Mr RIYANTO SUWARNO;
Sdr. RIYANTO SUWARNO; • Exploration and New Reserve Discovery Project
• Direktur Eksplorasi dan Penemuan Cadangan Baru: Director: Mr DODDY PRIAMBODO;
Sdr. DODDY PRIAMBODO; • Finance and Business Support Director :
• Direktur Keuangan dan Pendukung Bisnis : Sdri. Mrs LUKITANINGSIH;
LUKITANINGSIH; • Development Director : Mr SATOTO AGUSTONO;
• Direktur Pengembangan : Sdr. SATOTO AGUSTONO;

15 12 November 2014 / November 12, 2014
Memberhentikan dengan hormat Sdr. EDDY MULYADI • Honorably discharge Mr EDDY MULYADI SOEPARDI as
SOEPARDI sebagai Komisaris Perseroan, Pemegang Saham Commissioner. The Shareholders' Circular Resolution
Secara Sirkuler ini ditandatangani dan disertai ucapan is signed along with gratitude for his services to the
terima kasih atas jasa-jasanya terhadap Perseroan. Company.
Dengan demikian susunan Dewan Komisaris Perseroan Thus the composition of Board of Commissioners is
menjadi : as follows:
• Komisaris Utama : Sdr. MUHAMAD HUSEN; • President Commissioner: Mr MUHAMAD HUSEN;
• Komisaris : Sdr. M. AFDAL BAHAUDIN; • Commissioner : Mr M. AFDAL BAHAUDIN;
• Komisaris : Sdr. DENNY INDRAYANA; • Commissioner : Mr DENNY INDRAYANA.
16 26 November 2014 / November 26, 2014

Mengangkat Sdr. Anny Ratnawati sebagai Komisaris Appoint Mrs Anny Ratnawati as Commissioner as of the date
Perseroan, berlaku efektif terhitung mulai tanggal Keputusan of the Shareholders’ Circular Resolution is signed, or until the
Pemegang Saham secara Sirkuler ini ditandatangani, atau General Meeting of Shareholders decides otherwise.
sampai dengan Rapat Umum Pemegang Saham Perseroan Thus, the Board of Commissioners of the Company consists
memutuskan lain. of:
Dengan demikian susunan Dewan Komisaris Perseroan • President Commissioner : Mr MUHAMAD HUSEN;
menjadi : • Commissioner : Mr M. AFDAL BAHAUDIN;
• Komisaris Utama : Sdr. MUHAMAD HUSEN; • Commissioner : Mr DENNY INDRAYANA;
• Komisaris : Sdr. M. AFDAL BAHAUDIN; • Commissioner : Mrs ANNY RATNAWATI.
• Komisaris : Sdr. DENNY INDRAYANA;
• Komisaris : Sdr. ANNY RATNAWATI.
17 5 Desember 2014 / 5 December 2014

Menyetujui Perseroan untuk melaksanakan penawaran Approve the Company to execute operation area offering

area operasi pada Wilayah Kerja Perseroan untuk dilaku- in the Company's Work Area to be cooperate with other
kan kerjasama dengan pihak lain dalam bentuk Kerjasama parties in the form of Operational Cooperation (KSO) in
Operasi (KSO) untuk area operasi sebagai berikut : the following operations areas:
a. Area Operasi Malo penawaran KSO diputuskan sesuai a. Operation Area Malo, KSO offering was determined in
hasil kajian Perseroan. accordance with the Company's assessment result.
b. Area Operasi Tanjung Lontar, Sengkuang, Arahan b. Operation Area Cape Lontar, Sengkuang, Arahan Ban-
Banjarsari, penawaran KSO akan dikerjasamakan dalam jarsari, KSO offering will be cooperated under KSO EOR
bentuk KSO Produksi EOR kepada Mitra TAC Existing. Production under the Existing TAC partner
c. Area Operasi Ramok Senabing untuk dikerjasamakan c. Operation Area Ramok Senabing to be cooperated
dalam bentuk KSO Produksi yang dilaksanakan dengan in the form of KSO Production that will be executed
mekanisme beauty contest. through beauty contest mechanism
d. Area Operasi Semberah penawaran KSO akan dikerjasa- d. Operation Area Semberah, KSO offering to be cooper-
makan dalam bentuk KSO Produksi kepada Mitra TAC ated in the form of KSO Production under Existing TAC
Existing. Partner Existing TAC.

RUPS TAHUNAN FISIK/TAHUNAN 2014

2014 Physical Annual/Annual GMS
19 Februari 2014 Akta No. 12 19 February 2014 Deed No. 12

1. a. Laporan Kinerja Tahunan Perseroan 2013 1. a. Corporate Annual Performance Report 2013
b. Laporan Pengawasan Dewan Komisaris b. Board of Commissioners’ Oversight Report
2. Usulan Persetujuan Atas Laporan Tahunan dan 2. Proposal for Approval of Annual Report and Establishment
Pengesahan Laporan Keuangan Perseroan Tahun Buku of Financial Statements for the Fiscal Year 2013 with the
2013 disertai pemberian pelunasan dan pembebasan provision of full release and discharge of to the Board of
tanggung jawab sepenuhnya kepada Direksi dan Dewan Directors and Board of Commissioners.
Komisaris Perseroan.
3. Usulan Penetapan Penggunaan Laba 3. Proposal for Profit Appropriation Approval
4. Usulan Penunjukkan Kantor Akuntan Publik untuk 4. Proposal of Public Accounting Firm appointment to con-
melakukan Audit Laporan Keuangan Tahun Buku 2014. duct Audit on Financial Statements Fiscal Year 2014
5. Usulan Penetapan Penghargaan atas Kinerja (Tantiem) 5. Proposal for approval of Performance-based bonus to
kepada Dewan Komisaris dan Direksi Perseroan (tahun Board of Commissioners and Board of Directors
buku 2013) 6. Proposals for Remuneration for Fiscal Year 2014, Adjust-
6. Usulan Remunerasi Tahun Buku 2014, Usulan Adjustment ment Fixed Pay to Board of Commissioners and Board of
Fixed Pay kepada Dewan Komisaris dan Direksi Perseroan Directors of the Company
KEPUTUSAN RUPS TAHUN 2013 YANG BELUM DIREALISASIKAN DAN ALASANNYA

Unrealized 2013 GMS Resolutions and Explanation
Selama tahun 2014, tidak ada Keputusan RUPS During 2014, there was no GMS resolutions of
Pertamina EP tahun 2013 yang belum direalisasikan. Pertamina EP in 2013 that has not been realized.
DEWAN KOMISARIS
Board of Commissioners
Dewan Komisaris bertugas mengawasi dan Board of Commissioners oversees and provides
memberikan nasihat kepada Direksi. Pelaksanaan advices to the Board of Directors. The duties,
tugas, kewenangan dan tanggung jawab Dewan authorities and responsibilities of the Board of
Komisaris diatur dalam Anggaran Dasar. Commissioners are stipulated in the Articles of
Association.
Penentuan dan penetapan anggota Dewan Election and appointment of the Board of
Komisaris merupakan hak prerogatif pemegang Commissioners’ members are the shareholders
saham, dengan memperhatikan kompetensi, prerogative, with regard to the competence,
kapasitas dan kapabilitas setiap kandidat, capacity and capability of each candidate, including
termasuk dalam hal komitmen pemenuhan in terms of fulfillment of commitment to social and
tanggung jawab sosial dan lingkungan. Selain itu environmental responsibility. The other consideration
juga mempertimbangkan kebutuhan organisasi is the organizational needs of PT Pertamina (Persero),
PT Pertamina (Persero), sebagai entitas induk dan as the parent entity and shareholder. [G4-40]
pemegang saham. [G4-40]
Anggota Dewan Komisaris yang telah dipilih dan Members of the Board of Commissioners who
ditetapkan membuat surat pernyataan tidak have been elected and appointed are to make a
memiliki benturan kepentingan di awal tahun statement and have no conflict of interest in the early
pengangkatannya. Selama tahun 2014, tidak ada years of their appointment. During 2014, no member
anggota Dewan Komisaris yang dihadapkan pada of the Board of Commissioners was faced with a
situasi dengan potensi benturan kepentingan, situation with potential conflicts of interest that affect
yang mempengaruhi pengambilan keputusan, baik decision making, both in terms of executive dual
dalam hal rangkap jabatan eksekutif, afiliasi dengan positions, affiliation with the controlling shareholder
pemegang saham pengendali Perusahaan dan of the Company and the controlling shareholder of
pemegang saham pengendali pemasok, maupun the supplier, and the relation of kinship by marriage.
relasi kekerabatan semenda. [G4-41] [G4-41]
KOMPOSISI DEWAN KOMISARIS BOARD OF COMMISSIONERS’ COMPOSITION

Komposisi Dewan Komisaris pada tanggal 31 The composition of the Board of Commissioners as
Desember 2014 terdiri atas empat orang, dan of December 31, 2014 consisted of four members
seorang di antaranya adalah perempuan. Belum with one of them is female. There has been no
ada penetapan anggota Komisaris Independen appointment for new Independent Commissioner by
baru oleh Pemegang Saham. [G4-38] Shareholders. [G4-38]

Pemegang Saham pada tahun 2014 telah Shareholders in 2014 have decided and approved
memutuskan dan menetapkan perubahan susunan change in the membership of the Board of
keanggotaan Dewan Komisaris, sebagai berikut: Commissioners, as follows:
1. RUPS pada 4 Maret 2014 mengangkat Denny 1. GMS on March 4, 2014 appointed Denny Indrayana
Indrayana dan Eddy Mulyadi Soepardi sebagai and Eddy Mulyadi Soepardi as Commissioners of
Komisaris Pertamina EP. PT Pertamina EP.
2. Pada 17 November 2014, Eddy Mulyadi 2. On November 12, 2014, Eddy Mulyadi resigned
mengundurkan diri sebagai Komisaris Pertamina as Commissioner of PT Pertamina EP, due to his
EP, dikarenakan menjadi anggota Badan appointment as a member of the Supreme Audit
Pemeriksa Keuangan (BPK) Republik Indonesia. Agency (BPK) of the Republic of Indonesia.
3. RUPS pada 26 November 2014 mengangkat Anny 3. GMS on November 26, 2014, appointed Anny
Ratnawati sebagai Komisaris Pertamina EP. Ratnawati as Commissioner of PT Pertamina EP.
KOMPOSISI DEWAN KOMISARIS PER 31 DESEMBER 2014 [G4-34] [G4-38]

Board of Commissioners Composition as of December 31, 2014
Members of Board of Dasar Penetapan Periode

Position
Commissioners Basis of Appointment Period
Komisaris Utama 01 Agustus 2009 – 31 Desember 2014
Muhamad Husen Keputusan RUPS GMS Resolution
President Commissioner August 1, 2009 – December 31, 2014
12 Juli 2010 – 31 Desember 2014
M Afdal Bahaudin Komisaris Commissioner Keputusan RUPS GMS Resolution
July 12, 2010 – December 31, 2014
4 Maret 2014 – 31 Desember 2014
Denny Indrayana Komisaris Commissioner Keputusan RUPS GMS Resolution
March 4, 2014 - December 31, 2014
4 Maret 2014 – 31 Oktober 2014
Eddy Mulyadi Soepardi Komisaris Commissioner Keputusan RUPS GMS Resolution
March 4, 2014 - October 31, 2014
26 November 2014 – 31 Desember 2014
Anny Ratnawati Komisaris Commissioner Keputusan RUPS GMS Resolution
November 26, 2014 – December 31, 2014

TUGAS DAN TANGGUNG JAWAB DUTIES AND RESPONSIBILITIES OF THE BOARD
DEWAN KOMISARIS OF COMMISSIONERS
1. M elakukan pengawasan terhadap kebijakan 1. Oversee the policies and actions of the Board
dan tindakan Direksi dalam melaksanakan of Directors in carrying out the management of
pengurusan Perusahaan dan melaporkan the Company and submit a written report on the
hasil pengawasannya secara tertulis kepada results of oversight to the shareholders.
pemegang saham.
2.
Memberi nasihat kepada Direksi termasuk 2. Provide advice to the Board of Directors including
pelaksanaan Rencana Jangka Panjang on the execution of Long Term Corporate Plan
Perusahaan (RJPP), Rencana Kerja dan (RJPP), Corporate Work Plan and Budget (RKAP),
Anggaran Perusahaan (RKAP), Program Kerja Work Program and Budget (WP&B), Articles of
dan Anggaran (Work Program and Budget atau Association, GMS resolutions and applicable
WP&B), Anggaran Dasar dan Keputusan RUPS laws and regulations.
dan peraturan perundang-undangan yang
berlaku.
3. Menyusun rencana kerja setiap tahun 3. Prepare annual work plan that includes targets
yang memuat sasaran yang ingin dicapai to be achieved and communicating the results
dan mengkomunikasikan hasilnya kepada to shareholders.
pemegang saham.
4. Meninjau kebijakan dan strategi manajemen 4. Review risk management policies and strategies,
risiko, serta memberikan masukan atau arahan as well as provide input or direction to the Board
kepada Direksi terkait dengan pengelolaan of Directors regarding risk management.
risiko.
5. Dalam melaksanakan tugasnya tersebut, Dewan 5. In performing these duties, the Board of
Komisaris harus: Commissioners shall:
• Mematuhi Anggaran Dasar dan peraturan • Comply with Articles of Association and
perundang-undangan yang berlaku applicable laws and regulations as well
serta wajib melaksanakan prinsip-prinsip as required to apply the principles of
profesionalisme, efisiensi, transparansi, professionalism, efficiency, transparency.
kemandirian, akuntabilitas, pertanggung- • Act at any time for the Company’s interest
jawaban serta kewajaran. and business, as well as answer to the
• Bertindak sewaktu-waktu untuk kepentingan Company, in this case represented by the
dan usaha Perusahaan serta bertanggung GMS.
jawab kepada Perusahaan yang dalam hal
ini diwakili oleh RUPS.

6. Dewan Komisaris tidak boleh mengambil 6. Board of Commissioners is not allowed to make
keputusan kegiatan operasional, kecuali dalam operational decisions, except under certain
keadaan tertentu pada saat Dewan Komisaris circumstances when the Board of Commissioners
menjabat sebagai Direksi sementara. serves as interim Board of Directors.
7. Memastikan bahwa tidak ada jabatan Direksi 7. Ensure that there is no vacant position in the
yang lowong. Board of Directors.
8. Melakukan pemanggilan dan penyelenggaraan 8. Summon and organize the Annual General
RUPS Tahunan dan RUPS Lainnya jika Direksi Meeting of Shareholders and other General
berhalangan atau terdapat pertentangan Meeting of Shareholders if the Board of Directors
kepentingan antara Direksi dengan Perusahaan. is absent or there is a conflict of interest between
the Board of Directors and the Company.
9. Bertanggung jawab secara pribadi atas kerugian 9. Personally liable for the Company’s losses if
Perusahaan apabila yang bersangkutan the concerned party is guilty or negligent in
bersalah atau lalai menjalankan tugasnya. performing their duties.
10. Bersama dengan Direksi memastikan bahwa 10.
Together with the Board of Directors ensures
Auditor Internal maupun Eksternal dan Komite that the Internal and External Auditors as
Audit memiliki akses terhadap informasi well as the Audit Committee have access to
mengenai Perusahaan yang dianggap perlu necessary information about the Company while
dalam melaksanakan tugasnya. performing their duties.
11. Anggota Dewan Komisaris bertanggung jawab 11. Members of the Board of Commissioners are
secara bersama: collectively responsible of the following:
• Bersama dengan anggota Direksi terhadap • Together with members of the Board of
pihak yang dirugikan apabila laporan Directors to the aggrieved party if the
keuangan yang disediakan ternyata tidak financial statements provided are found
benar dan/atau menyesatkan. incorrect and/or misleading.
• Bersama dengan anggota Direksi, • Together with members of the Board of
apabila setelah tahun buku berakhir Directors, if after the fiscal year end the
ternyata Perusahaan menderita kerugian Company suffers losses and shareholders
dan pemegang saham tidak dapat are unable to return the interim dividend
mengembalikan dividen interim yang telah which has been distributed before the fiscal
dibagikan sebelum tahun buku berakhir. year ends.
• Bersama dengan anggota Direksi membayar • Together with members of the Board
seluruh kewajiban Perusahaan akibat of Directors settle all obligations of the
kepailitan yang disebabkan oleh kesalahan Company due to bankruptcy caused by
atau kelalaian Dewan Komisaris dan Direksi the fault or negligence of the Board of
jika kekayaan Perusahaan tidak cukup untuk Commissioners and the Board of Directors if
membayarnya. the Company’s assets are insufficient for the
• Bersama dengan anggota Direksi atas payment.
persetujuan dan/atau rekomendasi tertulis • Together with members of the Board of
yang diberikan terhadap perbuatan tertentu. Directors, with written approval and/or
recommendations given to certain acts.
12.
Memantau efektivitas penerapan praktik tata 12 Monitor the effectiveness of the good corporate
kelola perusahaan yang baik. governance practices.
13. Memantau implementasi tanggung jawab 13. Monitor the implementation of social
sosial. responsibility.
14.
Mengesahkan uraian tugas Sekretaris Dewan 14. Authorize the job descriptions of the Board
Komisaris dan menetapkan indikator kinerjanya. of Commissioners Secretary and establish
15. Melaporkan pengangkatan Anggota Komite performance indicators.
Audit kepada pemegang saham. 15. Report the appointment of the Audit Committe
members to the shareholders.
REALISASI PENGAWASAN OVERSIGHT REALIZATION

Melaksanakan tugas dan tanggung jawabnya Carry out its duties and responsibilities, but not
namun tidak terbatas pada hal-hal sebagai berikut : limited to the following:
a.
Mengarahkan, memantau dan mengevaluasi a.
Directing, monitoring and evaluating the
pelaksanaan kebijakan strategis dan pengurusan implementation of strategic policies and
Perseroan, yaitu antara lain mengevaluasi management of the Company, among others,
dan menyetujui RKAP 2014, memantau dan evaluating and approving the 2014 RKAP,
mengevaluasi kinerja perusahaan secara periodik monitoring and evaluating the performance of
dengan Rapat BoC-BoD secara rutin serta the Company periodically through regular BOC-
mengevaluasi rancangan RKAP 2015. BOD Meetings and 2015 RKAP draft.

b. Secara rutin melalui rapat bersama BoD, Dewan b. Board of Commissioners regularly monitoring
Komisaris memantau kinerja BoD dalam hal: BOD’s performance through meetings with BOD in
• Proses dan kinerja eksploitasi the following matters:
• Proses dan kinerja produksi • Exploitation process and performance
• Proses dan kinerja EOR • Production process and performance
• Proses dan kinerja keuangan • Enhanced oil recovery (EOR) process and
• Kinerja health, safety, security and environment performance
(HSSE), pengadaan/supply chain management • Financial process and performance
(SCM), information and communication • Performance of Health, safety, security and
technology (ICT), tata kelola perusahaan environment (HSSE), procurement/supply
(GCG), dan sumberdaya manusia (SDM). chain management (SCM), information and
communication technology, (ICT), good
c. Dengan prinsip kehati-hatian dan secara corporate governance (GCG), and Human
independen, memantau dan mengawasi Resources
kebijakan Direksi dalam setiap pengambilan c. With the prudential principle and independently,
keputusan strategis dan mendorong Direksi agar monitoring and overseeing Board of Directors’
terus berupaya meningkatkan produktivitas dan policies in making every strategic decision
efisiensi serta memperhatikan aspek safety dan and encourage them to continue increasing
aspek lingkungan (termasuk lingkungan sosial productivity and efficiency as well as safety
masyarakat sekitar daerah operasi). and environmental aspects (including social
d. Melalui Komite Audit, melaksanakan pengawasan environment of the community around operating
untuk memastikan telah terselenggaranya area).
fungsi pengawasan atas proses pengurusan d. Through the Audit Committee, ensuring the
perusahaan, proses penyelesaian Laporan implementation of oversight function over the
Keuangan, pelaksanaan audit atas Laporan management process of the company, the
Keuangan dan keandalan Sistem Pengendalian completion of financial statements, audit of
Internal Perseroan. Financial Statements and the reliability of the

e. Melalui Komite Investasi dan Manajemen Risiko, Company’s Internal Control System.
melaksanakan evaluasi dan pengawasan bidang e. Through Investment and Risk Management
investasi serta manajemen risiko risiko sehingga Committee, carried out the evaluation and
setiap investasi dan kegiatan operasi yang supervision of investment and risk management so
dilaksanakan mempunyai ekspektasi memberikan that any operation undertaken can be expected
hasil yang optimal. to provide optimal results.
f. Melalui Fungsi Sekretaris, Dewan Komisaris juga f.
Through Secretary function, Board of
melakukan tertib administrasi dan kegiatan Commissioners also carrying out administrative
Kesekretariatan sesuai Anggaran Dasar dan Tata and secretarial activities in accordance with
Kelola Perseroan yang baik dan benar. Articles of Association as well as good and proper
Corporate Governance.
Pelaksanaan tugas dan tanggung jawab Dewan The duties and responsibilities of the Board of
Komisaris pada Tahun Buku 2013, antara lain Commissioners in Fiscal Year 2013, include Oversight
berupa Laporan Tugas Pengawasan dalam Laporan Duty Report in the Integrated Annual Report 2014.
Tahunan Terintegrasi 2014. [G4-44] [G4-44]
REKOMENDASI PADA PEMEGANG SAHAM DAN RECOMMENDATIONS TO SHAREHOLDERS AND

DIREKSI BOD
Selama tahun 2014, Dewan Komisaris juga telah During 2014, the Board of Commissioners also
menyampaikan beberapa rekomendasi kepada has submitted several recommendations to the
Pemegang Saham dan Direksi sebagai berikut : Shareholders and Board of Directors as follows:
a. Kepada Pemegang Saham sebanyak 6 kali. a. Six times to the Shareholders.
b. Kepada Direksi sebanyak 1 kali. b. One time to the Board of Directors.
KUNJUNGAN KE LAPANGAN FIELD VISIT

Dewan Komisaris telah melakukan kunjungan ke BOC has made visits to various Fields. The visits were
berbagai Lapangan. Kunjungan dilakukan untuk made to see the progress of implementation of the
melihat perkembangan pelaksanaan pekerjaan work in accordance with the Work Plan, and look
sesuai dengan Rencana Kerja, dan melihat operasi factually Company operations. During 2014, Field
Perusahaan secara faktual. Selama tahun 2014, visited include:
Lapangan yang dikunjungi antara lain: a. Tarakan
a. Tarakan b. Luwuk
b. Luwuk c. Cepu
c. Cepu d. Sanga-sanga
d. Sanga-sanga

PENYELENGGARAAN RUPS GMS IMPLEMENTATION

Dewan Komisaris memimpin pelaksanaan RUPS BOC led the implementation of the Annual GMS on
Tahunan pada tanggal 19 Februari 2014 pukul 09.00 February 19, 2014 at 09.00 AM in the BOD Meeting
WIB bertempat di Ruang Rapat Direksi Pertamina Room of Pertamina EP, Menara Standard Chartered,
EP Menara Standard Chartered lantai 27 dengan 27th floor with an agenda on Annual Report of
agenda pembahasan Laporan Tahunan Pertamina Pertamina EP for Fiscal Year 2013.
EP Tahun Buku 2013.
PROGRAM PELATIHAN KEAHLIAN DEWAN BOARD OF COMMISSIONERS’ COMPETENCY

KOMISARIS TRAINING PROGRAM
Selama tahun 2014, Pertamina EP tidak During 2014, Pertamina EP did not carry out
melaksanakan program pengembangan dan training and development program for Board of
pelatihan bagi Dewan Komisaris. [G4-43][IR1] Commissioners. [G4-43][IR1]
PEMBAGIAN TUGAS DAN TANGGUNG JAWAB SEGREGATION OF DUTIES AND

DEWAN KOMISARIS RESPONSIBILITIES OF BOC
Pembagian tugas Dewan Komisaris ditetapkan The segregation of duties Of the Board of
berdasarkan peran masing-masing anggota Commissioners is based on the role of each member
Dewan Komisaris sebagai Ketua dan Wakil Ketua of the Board of Commissioners as Chairman and
komite yang berada di bawah Dewan Komisaris, Vice Chairman of the Committee under the Board
yang disesuaikan dengan kemampuan, ilmu of Commissioners, which is adapted to the abilities,
pengetahuan dan pengalaman. knowledge and experience.
PEMBAGIAN TUGAS DEWAN KOMISARIS

Board of Commissioners’ Segregation of Duties
Fokus Pengawasan Pada Bidang Focus of Oversight Area

Muhamad Husen
1. Mengkoordinasikan tugas-tugas seluruh Dewan Komisaris 1. Coordinate duties within Board of Commissioners
2. Mengawasi Kinerja Direksi dalam aspek temuan cadangan dan 2. Oversee BOD performance in reserve discovery and production
produksi aspects
M Afdal Bahaudin
1. Mengawasi kinerja Direksi dalam aspek finansial dan bisnis 1. Oversee BOD performance in financial and business aspects
2. Mengawasi kinerja Direksi dalam aspek audit dan manajemen 2. Oversee BOD performance in audit and risk management
risiko aspects
Denny Indrayana
1. Mengawasi kinerja Direksi dalam aspek kepatuhan terhadap 1. Oversee BOD performance in compliance with laws and regula-
peraturan tions aspect
dan perundang-undangan 2. Oversee BOD performance in Development aspect
2. Mengawasi kinerja Direksi dalam bidang Pengembangan
Eddy Mulyadi Soepardi
1. Mengawasi Kinerja Direksi dalam aspek operasi dan project 1. Oversee BOD performance in operations and project aspects
2. Mengawasi Kinerja dalam aspek HSE 2. Oversee BOD performance in audit and risk management
aspects
Anny Ratnawati
1. Mengawasi Kinerja Direksi dalam aspek operasi dan project 1. Oversee BOD performance in operations and project aspects
2. Mengawasi Kinerja dalam aspek HSE 2. Oversee BOD performance in HSE aspect
PENILAIAN KINERJA DEWAN KOMISARIS BOARD OF COMMISSIONERS PERFORMANCE

Secara berkesinambungan juga dilakukan ASSESSMENT
penilaian atas kinerja Dewan Komisaris oleh The Board of Commissioners’ performance
Pemegang Saham. Penilaian didasarkan pada assessment is conducted continuously by
board manual dan pencapaian atas target yang Shareholders. The assessment is based on the board
ditetapkan dalam indikator-indikator kinerja kunci manual and the accomplishments of targets set in
atau key performance indicators (KPI), termasuk the key performance indicators (KPIs), including
perihal pelaksanaan tanggung jawab sosial dan the implementation of social and environmental
lingkungan. [G4-44] responsibility. [G4-44]

Pengukuran kinerja Dewan Komisaris dilakukan BOC performance is measured in several stages,
melalui beberapa tahapan, yaitu pengumpulan namely data collection, examination of relevant
data, pemeriksaan dokumen terkait, dan documents, and interviews with representatives of
wawancara dengan perwakilan Direksi. Hasil the Board of Directors. The results of these stages
tahapan tersebut kemudian diukur berdasarkan are then measured based on the criteria stipulated
kriteria dalam Sekretaris Kementerian BUMN in Secretary of Ministry of SOEs Decree No.: SK-
Nomor: SK - 16/S.MBU/2012 tentang indikator/ 16/S.MBU/2012 on the indicators/parameters of
parameter Penilaian dan Evaluasi atas Penerapan Assessment and Evaluation of Good Corporate
Tata Kelola Perusahaan yang Baik (Good Corporate Governance (GCG) Implementation in SOEs.
Governance) pada BUMN.
PERTEMUAN DEWAN KOMISARIS BOARD OF COMMISSIONERS MEETING

Pertemuan Dewan Komisaris diselenggarakan paling Board of Commissioners (BOC) meeting is held at
sedikit sekali dalam setiap bulan. Pengambilan least once a month. A binding resolution is declared
keputusan yang bersifat mengikat dinyatakan sah valid if the attendance or is represented by one-half
apabila dihadiri atau diwakili lebih dari 1/2 (satu per of total members of the Board of Commissioners. The
dua) jumlah anggota Dewan Komisaris. Pelaksanaan meeting is also used as mechanism for BOC Board
rapat juga menjadi salah satu mekanisme evaluasi of Commissioners to assess their duty, authority
pelaksanaan tugas, kewenangan dan tanggung and responsibility implementation performance,
jawab Dewan Komisaris, termasuk dalam hal including social and environmenral responsibility
pemenuhan tanggung jawab sosial dan lingkungan. fulfillment. [G4-47]
[G4-47]
Rapat Dewan Komisaris dapat mengundang Direksi, Board of Commissioners meeting may invite Board
Komite Audit serta Komite Investasi dan Manajemen of Directors (BOD), Audit Committee as well as
Risiko. Investment and Risk Management Committee.
TINGKAT KEHADIRAN RAPAT KOMISARIS

BOC meeting attendance
RAPAT INTERNAL DEWAN KOMISARIS RAPAT DEWAN KOMISARIS - DIREKSI

BoC Internal Meeting BoC – BoD MEETING
Agenda rapat sebanyak 12 kali, Agenda rapat sebanyak 12 kali,

tingkat kehadiran rata-rata 64.75% tingkat kehadiran rata-rata 80 %
meeting agenda of 12 times, average attendance 64.75% meeting agenda of 12 times, average attendance 80%
TINGKAT KEHADIRAN DALAM PERTEMUAN DEWAN KOMISARIS

Board of Commissioners Meeting Attendance
Angota Dewan Komisaris Bulan dan Tanggal Month and Date Jml Hadir Jml Rapat
Number of Number of %
Member of BOC 1 2 3 4 5 6 7 8 9 10 11 12 Attendance Meeting
Muhamad Husen 1 1 1 1 1 1 1 1 0 1 0 1 10 12 83
M Afdal Bahaudin 0 1 1 0 0 1 1 0 1 1 1 1 8 12 66
Denny Indrayana 0 0 0 1 1 0 1 1 1 1 6 10 60
Eddy Mulyadi Soepardi 0 0 1 1 1 1 0 0 4 8 50
Anny Ratnawati 0 0 1 0
PROSEDUR PENETAPAN REMUNERASI BOARD OF COMMISSIONERS REMUNERATION

DEWAN KOMISARIS DETERMINATION PROCEDURE
Besaran remunerasi Dewan Komisaris ditentukan The amount of remuneration for the Board of
dan diberikan berdasarkan basis formula yang Commissioners is determined and provided based
ditetapkan oleh RUPS yang sebelumnya, atas on a formula established by the previous GMS, upon
rekomendasi yang diberikan Direksi serta Komite recommendations from the Board of Directors as
Nominasi dan Remunerasi PT Pertamina (Persero) well as Nomination and Remuneration Committee
selaku pemegang saham dan induk perusahaan. of PT Pertamina (Persero). Shareholders are the
Pemegang Saham adalah satu-satunya pemangku only stakeholder involved in the determination
kepentingan yang terlibat dalam penentuan dan and approval of the Board of Commissioners’
penetapan remunerasi Dewan Komisaris. remuneration. [G4-52] [G4-53]
[G4-52] [G4-53]

KOMITE NOMINASI & REMUNERASI DIREKSI PEMEGANG SAHAM

PT Pertamina (Persero) Board of Directors Shareholders
Nomination & Remuneration Committee
Mengevaluasi dan memberikan masukan. Menetapkan besaran remunerasi bagi Dewan
Menyusun usulan remunerasi Dewan Mengusulkan kepada Pemegang Saham Komisaris, dan disahkan dalam RUPS Tahunan
Komisaris rata-rata Evaluate and provide input Determine the amount of remuneration for
Preparation of Board of Commissioners’ Propose to Shareholders Board of Commissioners and approved in the
remuneration proposal Annual GMS
HONORARIUM, TUNJANGAN DAN 23% 71%

FASILITAS DEWAN KOMISARIS Pajak Tax Remunerasi dan Fasilitas
Honorarium, Allowance, and Facility of Remuneration and Facilities
Board of Commissioners 6
6% Billion
Tunjangan Hari Raya Keagamaan
Religious Holiday Allowance
STRUKTUR REMUNERASI DEWAN KOMISARIS BOARD OF COMMISSIONERS REMUNERATION

Dewan Komisaris menerima remunerasi yang STRUCTURE
terdiri dari: honorarium, tunjangan transportasi, The Board of Commissioners receives remuneration
fasilitas telepon, kesehatan, konsesi terbang, uang consisting of honorarium, transport allowance,
perjalanan dinas dan santunan purnajabatan, yang telephone facilities, health, concession flights,
masing-masing jumlahnya diputuskan dalam RUPS business trip allowance and retirement benefit, in
Tahunan. [G4-51] which each amount is decided in the Annual General
Meeting of Shareholders. [G4-51]
Komposisi komponen remunerasi yang diberikan The composition of remuneration components of
kepada Dewan Komisaris untuk tahun buku 2014, the Board of Commissioners for the fiscal year 2014
terdiri atas 71% biaya remunerasi dan fasilitas, 6% consisted of 71% of remuneration and facilities, 6%
biaya tunjangan hari raya (THR) dan 23% biaya religious holiday allowance (THR) and 23% of tax
pajak. expenses.
DIREKSI
Board of Directors
DIREKSI BOARD OF DIRECTORS

Direksi bertugas dan bertanggung jawab Board of Directors (BOD) is assigned and collegially
secara kolegial mengelola Perusahaan. Setiap responsible for managing the Company. Every
anggota Direksi dapat melaksanakan tugas dan member of Board of Directors may carry out
mengambil keputusan sesuai pembagian tugas dan their duties and make decision according to their
wewenangnya. Namun, pelaksanaan tugas oleh respective duties and authority. However, the
masing-masing anggota Direksi tetap merupakan implementation of duties by each member of the
tanggung jawab bersama. Board of Directors remains a shared responsibility.
Sebagai anak perusahaan PT Pertamina (Persero), As a subsidiary of PT Pertamina (Persero), members

anggota Direksi Pertamina EP dipilih dan of Pertamina EP’s Board of Directors are elected
diangkat melalui prosedur sistematis oleh Dewan and appointed through a systematic procedure by
Pertimbangan Karir Pekerja (DPKP) Pertamina, yang Career Advisory Board for Workers of Pertamina
diketuai oleh Direktur Hulu PT Pertamina (Persero), (DPKP), which is chaired by the Upstream Director of
dan kemudian ditetapkan dalam RUPS Pertamina PT Pertamina (Persero), and then are approved in the
EP. Anggota Direksi saat ini merupakan kandidat General Meeting of Shareholders of PT Pertamina EP.
terbaik yang telah dipilih berdasar perencanaan The current members of the Board of Directors are
suksesi PT Pertamina (Persero), serta telah mengikuti the best candidates who have been selected based
uji kelayakan dan kepatutan DPKP Pertamina. [G4-40] on succession planning of PT Pertamina (Persero),
and have undergone the fit and proper test by DPKP
Pertamina. [G4-40]
Seluruh anggota Direksi telah membuat surat Each member of the Board of Directors has made a
pernyataan tidak memiliki benturan kepentingan statement of no conflict of interest that is updated
yang diperbaharui setiap awal tahun. Selama at the beginning of the year. During 2014, there
tahun 2014 tidak ada anggota Direksi yang were no members of the Board of Directors faced
dihadapkan pada situasi terjadinya benturan with a situation of conflict of interest, both in making
kepentingan, baik dalam pengambilan keputusan decision and position. Each member of the Board
maupun kedudukannya. Masing-masing anggota of Directors confirmed not to have any affiliated
Direksi dipastikan tidak memiliki hubungan afiliasi relationship with a controlling shareholder or any
dengan pemegang saham pengendali maupun relation by marriage to the third degree of kinship
relasi kekerabatan semenda sampai derajat ketiga with members of the Board of Commissioners and
dengan Dewan Komisaris maupun sesama anggota fellow members of Board of Directors. [G4-41]
Direksi. [G4-41]

PEDOMAN KERJA DIREKSI
Board of Directors' Guidelines
• Board Manual merupakan pedoman mengenai • Board Manual is a guideline regarding the
kedudukan dan fungsi hubungan antara tiga organ position and function of the relationship between
utama Perusahaan yaitu Direksi, Dewan Komisaris 3 (three) main organs of the Company, namely
dan Para Pemegang Saham, serta dengan organ Board of Directors, Board of Commissioners
pendukung Dewan Komisaris dan Direksi untuk and Shareholders as well as BOC and BOD’s
memastikan terlaksananya fungsi setiap organ supporting organs to ensure the effective
Perusahaan secara efektif. Board Manual disetujui implementation of each company organ’s
pemberlakuannya oleh suatu Keputusan Para function. The Board Manual‘s enactment is
Pemegang Saham. approved by a Shareholders’ Resolution.
• Pedoman Hubungan Korporasi antara PT • Guidelines for Corporate Relations between PT
Pertamina (Persero) dengan dan antar-Anak Pertamina (Persero) with and between Upstream
Perusahaan Hulu No.A-001/d00000/2011-S0, Subsidiaries No. A-001/d00000/2011-S0,
tanggal 31 Mei 2011, dengan tujuan mengatur dated May 31, 2011, which is aimed to regulate
pembagian tugas, wewenang, sinergi, koordinasi the segregation of duties, authority, synergy,
dan komunikasi antara PT Pertamina (Persero) coordination and communication between
terutama Direktorat Hulu sebagai penanggung PT Pertamina (Persero), particularly Upstream
jawab dan pengawas usaha/kegiatan di bawah Directorate as party in charge and supervisor of
Direktorat Hulu di PT Pertamina (Persero) dengan business/activities under Upstream Directorate of
Anak Perusahaan Hulu sebagai operating arm PT Pertamina (Persero) with Upstream Subsidiary
dalam pencapaian strategi maupun pelaksanaan as the operating arm in achievement of strategy
operasional. and operations.
KOMPOSISI DIREKSI BOD COMPOSITION

Komposisi Direksi pada tanggal 31 Desember 2014, Composition of the Board of Directors on December
terdiri dari lima Direktur, dan seorang di antaranya 31, 2014, consisted of five Directors, and one of them
perempuan. Anggota Direksi menjabat untuk jangka female. Members of the Board of Directors serve
waktu terhitung sejak tanggal yang ditetapkan for a period starting from the date of appointment
oleh Keputusan Pemegang Saham secara Sirkuler by the Shareholders' Circular Resolution and ends
berakhir pada penutupan RUPS Tahunan yang at the closing of the third Annual GMS after the
ke-tiga setelah pengangkatannya atau apabila appointment or when otherwise determined by the
ditetapkan lain oleh Pemegang Saham. Tidak ada Shareholders. There was no change in membership
perubahan anggota Direksi selama kurun waktu of the Board of Directors during the reporting period.
periode pelaporan. [G4-38] [G4-38]
Persyaratan dan tata cara pemberhentian dan Requirements and procedures for discharge and
pengangkatan anggota Direksi Perusahaan appointment of the Company’s BOD members are
sesuai ketentuan PT Pertamina (Persero) sebagai in accordance with the provisions of PT Pertamina
BUMN, harus mengikuti Peraturan Menteri No:PER- (Persero) as an SOE, which shall follow the Minister
16/MBU/2012 Tentang Perubahan Kedua Atas of State-Owned Enterprises Regulation No. PER-16/
Peraturan Menteri No:PER-01/MBU/2012 tanggal 1 MBU/2012, on the Second Amendment to Minister
Oktober 2012 Tentang Persyaratan dan Tata Cara of State-Owned Enterprises Regulation No. PER-
Pengangkatan dan Pemberhentian Anggota Direksi 01/MBU/2012 dated October 1, 2012 regarding
BUMN. [G4-40] the terms and procedures of appointment and
discharge of members of the Board of Directors of
State-Owned Enterprises. [G4-40]
KOMPOSISI DIREKSI [G4-34] [G4-38]
Board of Directors Composition
Nama Anggota Direksi

Jabatan Position Periode Period
Name of BOD Member
Presiden Direktur 20 November 2013 – 31 Desember 2014
Adriansyah
President Director November 20, 2013 – December 31, 2014
Direktur Eksplorasi dan Penemuan Cadangan Baru 10 Mei 2011 – 31 Desember 2014
Doddy Priambodo
Exploration and New Reserve Discovery Project Director May 10, 2011 - December 31, 2014
PJ. Direktur Produksi dan Operasi 10 November 2014 – 31 Desember 2014
Riyanto Suwarno
Production and Operation Director November 10, 2014 –December 31, 2014
Direktur Produksi dan Operasi 20 September 2013 – 9 November 2014
Beni Jafilius Ibradi AD
Production and Operation Director September 20, 2013– November 10, 2014
Direktur Pengembangan 20 September 2013 – 31 Desember 2014
Satoto Agustono
Development Director September 20, 2013– December 31, 2014
Direktur Keuangan & Pendukung Bisnis 23 Februari 2012 – 31 Desember 2014
Lukitaningsih
Finance and Business Support Director February 23, 2012 – December 31, 2014
Dasar Penetapan Keputusan RUPS Basis for Determination of GMS Resolution

TUGAS DAN TANGGUNG JAWAB DIREKSI DUTIES AND RESPONSIBILITIES OF THE BOARD OF DIRECTORS
1. Memimpin dan mengurus Perusahaan sesuai 1. Lead and manage the Company in accordance
dengan kepentingan dan tujuan Perusahaan. with the interests and goals of the Company.
2. Menguasai, memelihara dan mengurus kekayaan 2. Control, maintain and manage the Company’s
Perusahaan. assets.
3. Mematuhi peraturan perundang-undangan yang 3. Comply with applicable laws and regulations.
berlaku.
4. Bertanggung jawab penuh secara pribadi 4. Personally liable if the concerned party is guilty
apabila yang bersangkutan bersalah atau lalai or negligent in carrying out their duties for the
menjalankan tugasnya untuk kepentingan dan Company’s interest and business.
usaha Perusahaan.
5. Mewakili Perusahaan di dalam dan di luar 5.
Represent the company in and out of court
pengadilan serta melakukan segala tindakan dan and carries out all acts and deeds, both in
perbuatan, baik mengenai pengurusan maupun administration as well as ownership of the
mengenai pemilikan kekayaan Perusahaan serta Company’s assets and bind the Company with
mengikat Perusahaan dengan pihak lain dan atau other parties or other parties with the Company,
pihak lain dengan Perusahaan, sesuai dengan within limits stipulated in the Articles of Association.
batasan-batasan yang ditetapkan Anggaran
Dasar.
6. Melakukan perbuatan-perbuatan tertentu yang 6.
Perform certain actions that require written
membutuhkan persetujuan tertulis dari Dewan approval from the Board of Commissioners.
Komisaris.
7. Mengalihkan, melepaskan hak atau menjadikan 7. Transfer, release of rights or make as collateral of
jaminan hutang seluruh atau sebagian besar all or majority of Company assets (which is not
harta kekayaan Perusahaan (yang bukan inventory), either in a single transaction or several
merupakan barang dagangan), baik dalam satu individual transactions or are related to one
transaksi atau beberapa transaksi yang berdiri another, with the approval of the GMS.
sendiri ataupun yang berkaitan satu sama lain,
dengan persetujuan RUPS.
8. Mengalihkan atau menjadikan sebagai jaminan 8. Transfer or make as collateral debt or release of
utang atau melepaskan hak atas harta kekayaan rights of the Company’s assets in accordance with
Perusahaan sesuai dengan Anggaran Dasar. the Articles of Association.
9. Melakukan perbuatan-perbuatan tertentu yang 9. Perform certain actions that require a
membutuhkan rekomendasi tertulis dari Dewan written recommendation from the Board of
Komisaris dan persetujuan RUPS. Commissioners and GMS approval.
10. Menetapkan kebijakan pengurusan Perusahaan 10. Establish corporate policy management through
melalui Rapat Direksi. the Board of Directors Meeting.
11. Tindakan yang dilakukan oleh anggota Direksi di 11. Actions taken by the Board of Directors out of
luar yang diputuskan oleh Rapat Direksi menjadi which is decided by the Board of Directors Meeting
tanggung jawab pribadi yang bersangkutan is the concerned individual’s responsibility until
sampai dengan tindakan dimaksud disetujui the action is approved by the Board of Directors.
oleh Rapat Direksi. 12. President Director is entitled and authorized to
12. Presiden Direktur berhak dan berwenang act for and on behalf of the Board of Directors
bertindak untuk dan atas nama Direksi serta and represent the Company with the provisions
mewakili Perusahaan dengan ketentuan semua that all actions of the President Director is
tindakan Presiden Direktur dimaksud telah approved by the Board of Directors.
disetujui oleh Rapat Direksi.
13. Anggota Direksi bertanggung jawab secara 13. The Board of Directors are collegially responsible:
bersama: •
Together with members of the Board of
• Bersama dengan anggota Dewan Komisaris, Commissioners to the aggrieved party if
terhadap pihak yang dirugikan apabila the financial statements provided are found
laporan keuangan yang disediakan ternyata incorrect and/or misleading.
tidak benar dan/atau menyesatkan.
• Bersama dengan anggota Dewan Komisaris, •
apabila setelah tahun buku berakhir ternyata Commissioners, if after the fiscal year end the
Perusahaan menderita kerugian dan Company suffers losses and shareholders are
pemegang saham tidak dapat mengembalikan unable to return the interim dividend which has
dividen interim yang telah dibagikan sebelum been distributed before the fiscal year ends.
tahun buku berakhir.
• Bersama dengan anggota Dewan Komisaris, •
membayar seluruh kewajiban Perusahaan Commissioners, settle all obligations of
akibat kepailitan yang disebabkan oleh the Company due to bankruptcy caused
kesalahan atau kelalaian Dewan Komisaris dan by the fault or negligence of the Board of
Direksi jika kekayaan Perusahaan tidak cukup Commissioners and the Board of Directors
untuk membayarnya. if the Company’s assets is insufficient for the
payment.

• Bersama dengan anggota Dewan Komisaris, • Together with members of the Board of
atas persetujuan dan/atau rekomendasi tertulis Commissioners, with written approval and/or
yang diberikan terhadap perbuatan tertentu. recommendations given to certain acts.
• Apabila 2 (dua) anggota Direksi atau lebih • If two (2) members of the Board of Directors
bersalah atau lalai dalam menjalankan or more are guilty or negligent in performing
tugasnya. their duties.
• Setiap anggota Direksi bertanggung jawab • Each member of the Board of Directors
penuh secara pribadi atas kerugian Perusahaan personally liable for the Ccompany’s losses if
apabila yang bersangkutan bersalah atau lalai the concerned party is guilty or negligent in
menjalankan tugasnya. performing their duties.
14. Bertanggung jawab sepenuhnya apabila 14. Fully liable if the Board of Directors acts without
Direksi bertindak tanpa persetujuan Dewan the approval of the Board of Commissioners, in
Komisaris, dimana tindakan tersebut merugikan which such action is detrimental to the Company
Perusahaan atau pihak ketiga. or a third party.
15. Bersama dengan Dewan Komisaris memastikan 15. Together with the Board of Commissioners make
bahwa Auditor Internal maupun Eksternal dan sure that the Internal and External Auditors and
Komite Audit memiliki akses terhadap informasi the Audit Committee have access to necessary
mengenai Perusahaan yang dianggap perlu information about the Company while carrying
dalam melaksanakan tugasnya. out their duties.
16. Mengkaji dan mengelola risiko usaha. 16. Review and manage business risks.
17. Menerapkan praktik tata kelola perusahaan 17. Apply good corporate governance practices
yang baik secara efektif. effectively.
18. Memastikan Perusahaan melaksanakan 18. Ensure the Company implements corporate
tanggung jawab sosial perusahaan sesuai social responsibility in accordance with
dengan peraturan perundangan yang berlaku. applicable laws and regulations.
19. Melaksanakan petunjuk yang diberikan oleh 19. Carry out the directives given by the GMS.
RUPS.

PROGRAM PELATIHAN KEAHLIAN DIREKSI BOD COMPETENCY TRAINING PROGRAM
Selama tahun 2014, Perusahaan telah menyertakan During 2014, the Company has sent BOD members
anggota Direksi dalam beberapa kegiatan, yang to a number of activities for the purpose of
ditujukan untuk pengembangan kompetensi. competency development. The activities include the
Termasuk dalam hal pemenuhan tanggung jawab social responsibility fulfillment. [G4-43] [IR1]
sosial dan lingkungan. [G4-43][IR1]
PELATIHAN/LOKAKARYA/SEMINAR DIIKUTI DIREKSI 2014

Training/Workshop/Seminar Participated by BOD in 2014
Pelatihan/Lokakarya/Seminar Tanggal Anggota Direksi Peserta

No
Training/Workshop/Seminar Date BOD Member Participant
1 Gastech Conference & Exhibition Seoul 24-26/3/2014 Lukitaningsih
2 38th IPA Convention & Exibition Jakarta 21-23/05/2014 Adriansyah
3 38 IPA Convention & Exibition
th
Jakarta 21-23/05/2014 Doddy Priambodo
4 38th IPA Convention & Exibition Jakarta 21-23/05/2014 Satoto Agustono
5 38 IPA Convention & Exibition
th
Jakarta 21-23/05/2014 Beni J. Ibradi
6 38th IPA Convention & Exibition Jakarta 21-23/05/2014 Lukitaningsih
Konvensi Nasional Div. Penunjang
Operasi SKKMIGAS
7 Jakarta 16/06/2014 Lukitaningsih
National Convention of Operations Support of
SKKMIGAS
Asean Global Leadership
8 San Francisco 16-20/06/2014 Adriansyah
Development Program
9 Offshore Technology Conference 2014 San Diego 5-8/08/2014 Beni J. Ibradi
Workshop Upskilling Pertamina Upstream
10 Bandung 09/06/2014 Satoto Agustono
Development Way
11 Indonesia Energy Forum Jakarta 21/07/2014 Adriansyah
12 Drilling Technology Forum Jakarta 15-17/09/2014 Adriansyah
13 Drilling Technology Forum Jakarta 15-17/09/2014 Doddy Priambodo

PELAKSANAAN TUGAS DAN TANGGUNG JAWAB BOD DUTY AND RESPONSIBILITY

DIREKSI IMPLEMENTATION
Pembagian tugas dan wewenang setiap anggota The segregation of duties and responsibilities
Direksi ditetapkan berdasarkan jabatan masing- among BOD members are determined based on
masing, sebagaimana ditetapkan berdasarkan position of each member of BOD in accordance with
pengangkatan anggota Direksi oleh RUPS. their appointment by the GMS. Duty implementation
Pelaksanaan tugas oleh masing-masing anggota by each member of BOD remains a shared
Direksi tetap merupakan tanggung jawab bersama. responsibility.
Direksi bertanggung jawab pada RUPS. The BOD is responsible to the GMS. BOD prepares
Direksi membuat laporan berkala sebagai periodic reports, as performance accountability to
pertanggungjawaban kinerja yang disampaikan be submitted to the Board of Commissioners.
kepada Dewan Komisaris.
Presiden Direktur President Director

Menetapkan dan mengendalikan kebijakan Establish and control policies and strategic goals
dan sasaran strategis kegiatan eksplorasi, of oil & gas exploration, development, operations
pengembangan, operasi dan produksi migas di and production at PT Pertamina EP’s working areas
wilayah kerja Pertamina EP melalui tata kelola through effective, efficient, safe and environmentally
kegiatan yang efektif, efisien, aman dan berwawasan sound activity governance to maximize added
lingkungan untuk memaksimalkan nilai tambah bagi value for stakeholders in achieving the Company’s
pemangku kepentingan dalam pencapaian sasaran strategic goals.
strategis Perusahaan.
Direktur Eksplorasi dan Proyek Penemuan Baru Exploration and New Discovery Project Director
Menetapkan dan mengendalikan kebijakan serta Establish and control policies and strategic goals
sasaran strategis kegiatan eksplorasi dan tindak of exploration activities and follow-up contingent
lanjut temuan sumberdaya kontijen (contingent resources discovery at PT Pertamina EP’s working
resources) di wilayah kerja Pertamina EP melalui areas through effective, efficient, safe and
tata kelola kegiatan yang efektif, efisien, aman environmentally sound activity governance to ensure
dan berwawasan lingkungan untuk memastikan the availability of oil & gas reserves and production
ketersediaan cadangan migas dan percepatan acceleration of new field development for the
produksi dari pengembangan Lapangan baru bagi Company’s operations sustainability.
kelangsungan operasi Perusahaan.
Direktur Produksi dan Operasi Production and Operations Director

Menetapkan dan mengendalikan kebijakan serta Establish and control policies and strategic goals of
sasaran strategis kegiatan operasi dan produksi oil & gas operations and production at PT Pertamina
migas di wilayah kerja Pertamina EP, baik yang EP’s working areas, both own operations and
dioperasikan sendiri maupun yang dikerjasamakan operated under partnerships, as well as xploration,
serta kegiatan operasi pemboran eksplorasi, exploitation and workover drilling operations,
eksploitasi dan workover melalui tata kelola kegiatan through effective, efficient, safe and environmentally
yang efektif, efisien, aman dan berwawasan sound activity governance to ensure the production
lingkungan untuk memastikan pencapaian target target achievement is in line with the Company’s
produksi sesuai sasaran strategis perusahaan. strategic goals.
Direktur Pengembangan Development Director

sasaran strategis pengelolaan surface facilities, of surface facility management, exploitation and
kegiatan eksploitasi dan enhanced oil recovery Enhanced Oil Recovery activities through effective,
(EOR) melalui tata kelola kegiatan yang efektif, efficient, safe and environmentally sound activity
efisien, aman dan berwawasan lingkungan untuk governance to increase the success of engineering
meningkatkan keberhasilan kegiatan rekayasa dan activities and field development, as well as project
pengembangan Lapangan serta eksekusi proyek execution according to good oil and gas engineering
sesuai kaidah good oil and gas engineering practice practices and standard operation excellence.
dan standar operation excellence.

Direktur Keuangan & Pendukung Bisnis Finance & Business Support Director
sasaran strategis kegiatan pengelolaan keuangan, of financial management, oil & gas commerciality
komersialitas minyak dan gas serta teknologi as well as communication information technology,
informasi komunikasi, melalui tata kelola kegiatan through effective, efficient, safe and environmentally
yang efektif, efisien, aman dan berwawasan sound activity governance to ensure fulfillment of
lingkungan untuk memastikan pemenuhan financial support and means of information as
dukungan finansial dan sarana informasi serta well as communication for the achievement of the
komunikasi bagi pencapaian sasaran strategis Company’s strategic goals.
Perusahaan.
PENILAIAN KINERJA DIREKSI BOD PERFORMANCE ASSESSMENT

Penilaian dan evaluasi kinerja Direksi dilakukan BOD performance assessment and evaluation
oleh Dewan Komisaris, berdasarkan kriteria target are performed by the Board of Commissioners,
pencapaian dalam indikator kinerja kunci (KPI) based on the criteria in the target achievement of
yang telah disepakati. Selanjutnya hasil penilaian key performance indicators or KPIs that have been
dan evaluasi, disampaikan dan dilaporkan kepada agreed upon. Furthermore, the results of assessment
Pemegang Saham dalam RUPS Tahunan. [G4-44] and evaluation are presented and reported to the
Shareholders in the Annual GMS. [G4-44]

REALISASI KESEPAKATAN KERJA DIREKSI TAHUN 2014 [G4-44]
BOD Performance Agreement Realization 2014
INDIKATOR KINERJA UTAMA FREQUENCY MONITORING BOBOT KINERJA

Key Performance Indicator Monitoring Frequency Weight Value Performance
Finansial Financial Bulanan Monthly 25 22.6
Operasional Operational Bulanan Monthly 55 58
Pengembangan Bisnis Business Development Bulanan Monthly 15 14.1
Pengelolaan SDM HR Management Bulanan Monthly 5 6
Total Bobot Total Weight Value 100 101
INDIKATOR KERJA LAINNYA FREKUENSI PEMANTAUAN SATUAN TARGET KINERJA

Key Performance Indicator Monitoring Frequency Weight Value Target Performance
Kepatuhan GCG GCG Compliance Triwulan Quarterly % 87 91.17
PROPER Tahunan Annually Jumlah 18 14
Total PROPER Hijau PROPER Hijau
Green PROPER Green PROPER
Reduksi Emisi Emission Reduction Triwulan Quarterly % Reduksi 16.52 25.52
Reduction
Indeks Pembelajaran Learning Index Triwulan Quarterly % 90 93.68
Tindak Lanjut Temuan Audit Internal dan Triwulan Quarterly % 80 84.83
Eksternal
Internal and External Audit Finding Follow up
Transfer Pengetahuan Transfer of Knowledge Triwulan Quarterly % 13.5 14.29

Pengukuran kinerja Direksi dilakukan melalui Directors Performance measurement is done

beberapa tahapan, yaitu pengumpulan data, through several stages, namely data collection,
pemeriksaan dokumen terkait, dan wawancara examination of relevant documents, and interviews
dengan perwakilan Direksi. Hasil tahapan tersebut with representatives of the Board of Directors. The
kemudian diukur berdasarkan kriteria dalam results of these stages is then measured by the criteria
Sekretaris Kementerian BUMN Nomor: SK - 16/S. of the Secretary of the Ministry of SOEs Number: SK -
MBU/2012 tentang indikator/parameter Penilaian 16 / S.MBU / 2012 on the indicators / parameters of
dan Evaluasi atas Penerapan Tata Kelola Perusahaan Assessment and Evaluation of the Implementation of
yang Baik (Good Corporate Governance) pada Good Corporate Governance (GCG) in SOEs.
BUMN.
PERTEMUAN DIREKSI BOARD OF DIRECTORS MEETING

Direksi secara berkala maupun sewaktu-waktu Directors periodically or at any time can hold
dapat melaksanakan pertemuan, baik bersifat meetings, both internal and meetings with relevant
internal maupun rapat dengan satuan kerja work units. The meetings are held to be one of the
terkait. Pelaksanaan pertemuan menjadi salah mechanisms for evaluation of the implementation
satu mekanisme evaluasi pelaksanaan tugas, of tasks, authority and responsibilities of the Board
kewenangan dan tanggung jawab Direksi, termasuk of Directors, including the fulfillment of social and
dalam hal pemenuhan tanggung jawab sosial environmental responsibility. During 2014 the Board
dan lingkungan. Selama tahun 2014 Direksi telah of Directors have held 19 times of meetings, with an
melakukan pertemuan sebanyak 19 kali, dengan average attendance of 90.54%. [G4-47]
rata-rata tingkat kehadiran 90,54%. [G4-47]
TINGKAT KEHADIRAN RAPAT DIREKSI

BOD Internal Meeting
RAPAT INTERNAL DEWAN DIREKSI RAPAT DEWAN KOMISARIS - DIREKSI

BoD Internal Meeting BoC – BoD MEETING
Agenda rapat sebanyak 19 kali, Agenda rapat sebanyak 12 kali,

tingkat kehadiran rata-rata 92,1% tingkat kehadiran rata-rata 80 %
meeting agenda of 19 times, attendance average 92.1% meeting agenda of 12 times , average attendance 80%
DAFTAR HADIR RAPAT DIREKSI

Board of Directors Meeting Attendance
Bulan dan Frekuensi Rapat Months and Frequency of Meeting

Anggota Dewan Jml Hadir Jml Rapat
Direksi 1 2 3 4 5 6 7 8 9 10 11 12 Number of Number of %
Member of BOD Attendance Meeting
Adriansyah 2 2 1 2 2 1 1 1 2 1 1 1 17 19 89.5
Doddy Priambodo 2 1 1 2 2 2 1 1 2 1 1 1 17 19 89.5
Beni Jafilius Ibradi 2 2 0 1 2 2 1 1 2 1 1 1 16 19 84.2
Satoto Agustono 2 3 1 2 2 2 1 1 2 1 1 1 19 19 100
Lukitaningsih 2 2 1 2 2 2 0 1 2 1 1 1 17 19 89.5
Riyanto Suwarno 1 1 1 100%

PROSEDUR PENETAPAN REMUNERASI DIREKSI BOARD OF DIRECTORS REMUNERATION
DETERMINATION PROCEDURE
Besaran remunerasi untuk Direksi diberikan The amount of remuneration for the Board of
berdasarkan rekomendasi Dewan Komisaris dan Directors is provided based on recommendation
ditetapkan pemegang saham dalam RUPS Tahunan. of Board of Commissioners and determined by
Pemegang Saham adalah satu-satunya pemangku shareholders on Annual GMS. Shareholders are the
kepentingan yang terlibat dalam penentuan dan only stakeholder involved in the determination and
penetapan remunerasi Direksi. [G4-52] [G4-53] approval of the Board of Directors’ remuneration.
[G4-52] [G4-53]
Prosedur penetapan remunerasi Direksi adalah The procedure for Board of Directors remuneration
sebagai berikut: determination is as follow:
KOMITE NOMINASI & REMUNERASI DIREKSI Board Of Directors PEMEGANG SAHAM Shareholders
PT Pertamina (Persero)
Nomination & Remuneration Committee Mengevaluasi dan memberikan masukan. Menetapkan besaran remunerasi bagi Direksi,
Mengusulkan kepada Pemegang Saham dan disahkan dalam
Menyusun usulan remunerasi Dewan Evaluate and provide input RUPS Tahunan.
Komisaris rata-rata Propose to Shareholders Determine remuneration amount for Board of
Preparation of Board of Commissioners’ Directors, and approved in the Annual GMS
remuneration proposal
STRUKTUR PENETAPAN REMUNERASI DIREKSI BOD REMUNERATION DETERMINATION

Direksi menerima remunerasi yang terdiri atas gaji, STRUCTURE

fasilitas rumah jabatan/kompensasi, kendaraan Directors receive remuneration consisting of
jabatan, kesehatan, fasilitas air, gas, listrik, telepon, salary, housing facility/compensation, vehicle,
konsesi terbang, bantuan istirahat tahunan, pakaian health allowance, facilities of water, gas, electricity,
representatif, tunjangan harian dan perjalanan telephone, concession flights, annual leave
serta santunan purnajabatan. Besaran remunerasi allowance, representative clothing, daily and travel
Direksi untuk tahun buku 2014 terdiri atas 66% biaya allowance and retirement benefit. The amount
remunerasi dan fasilitas, 5% biaya tunjangan hari of remuneration of the Board of Directors for the
raya (THR), 5% biaya tunjangan cuti dan 23% biaya fiscal year 2014 consisted of 66% remuneration and
pajak. [G4-51] facilities costs, 5% religious holiday allowance (THR)
expenses, 5% leave allowance expenses, 23% tax
expenses. [G4-51]
HONORARIUM, TUNJANGAN DAN FASILITAS DIREKSI

Honorarium, Allowance, and Facilities
5%
Cuti
Leave allowance
23% 66%
17
Pajak Tax Remunerasi dan Fasilitas
Remuneration and Facilities
5% Billion
Tunjangan Hari Raya Keagamaan
Religious Holiday Allowance

HUBUNGAN ANTARA DEWAN KOMISARIS DAN DIREKSI

Board of Commissioners and Board of Directors Relationship
HUBUNGAN PEKERJAAN WORK RELATIONS

Sesuai Undang-Undang Perseroan Terbatas serta In accordance with Limited Liability Company
Anggaran Dasar Perusahaan, Dewan Komisaris dan Law and the Articles of Association, the Board of
Direksi memiliki fungsi maupun tanggung jawab Commissioners and Board of Directors have separate
terpisah. Kami memastikan tidak ada anggota functions and responsibilities. We make sure there
Dewan Komisaris yang merangkap jabatan sebagai are no members of the Board of Commissioners who
Direksi maupun anggota eksekutif lain di lingkungan concurrently hold a position as an executive member
Pertamina EP, serta perusahaan migas lain. Namun, of the Board of Directors and the other at Pertamina
khusus untuk Komisaris Utama secara langsung EP, as well as other oil and gas companies. However,
dijabat oleh Direktur Hulu PT Pertamina (Persero), for the President Commissioner directly held by
sebagai perwakilan pemegang saham. Upstream Director of PT Pertamina (Persero), as
[G4-34] [G4-39] representatives of shareholders. [G4-34] [G4-39]
Baik Dewan Komisaris maupun Direksi secara Both the Board of Commissioners and Board of
bersama-sama memiliki tanggung jawab untuk Directors are collectively responsible to maintain
memelihara kesinambungan kegiatan usaha dan the continuity of the business and operations of the
operasi Perusahaan dalam jangka panjang. Oleh Company in the long term. Therefore, both the Board
karenanya, baik Dewan Komisaris maupun Direksi of Commissioners and Board of Directors shall have
harus memiliki kesamaan pandangan atas Visi, Misi the same views on the Vision, Mission and Values
dan Nilai-Nilai Perusahaan. Company.
Secara berkala Dewan Komisaris dan Direksi Periodically the Board of Commissioners and Board
mengadakan pertemuan sebagai bentuk koordinasi of Directors hold meetings as a form of coordination
yang dilandasi pada prinsip keterbukaan serta which is based on the principle of transparency and
saling menghargai. Dalam pertemuan berkala mutual respect. The regular meetings discuss efforts
dibahas upaya menghadapi isu-isu strategis to face strategic issues that require the approval
yang memerlukan persetujuan Dewan Komisaris. of the Board of Commissioners. Coordination and
Koordinasi dan kerjasama antara Dewan Komisaris cooperation between the Board of Commissioners
dan Direksi diperlukan untuk mencapai target and Board of Directors of the Company is required to
Perusahaan serta menjaga keberlanjutan bisnis di achieve the targets and maintain business continuity
masa mendatang. in the future.
RAPAT BERSAMA DEWAN KOMISARIS DAN DIREKSI BOC AND BOD JOINT MEETING
Dewan Komisaris dan Direksi menyelenggarakan Board of Commissioners and Board of Directors
rapat bersama, untuk memutuskan hal-hal bersifat hold a joint meeting, to decide on strategic matters
strategis dan berkaitan dengan kepentingan and related to the interests of the Company, which
Perusahaan yang membutuhkan persetujuan Dewan require the approval of the Board of Commissioners.
Komisaris. Rapat bersama juga menjadi mekanisme The joint meeting is also a mechanism for BOD to
bagi Direksi untuk menyampaikan pelaksanaan deliver performance report, and ask for opinions,
kinerja, dan meminta pendapat, catatan maupun notes and advice, documented in the minutes of
nasihat yang didokumentasikan dalam notulensi meetings.
(minutes of meeting).
Putusan rapat bersama bersifat mengikat The decision of the joint meeting is binding and is
dan diperoleh berdasarkan kesepakatan atau made by consensus or voting. Furthermore, the
pemungutan suara. Selanjutnya, putusan rapat akan decision of the meeting will be followed up and
ditindaklanjuti dan dilaksanakan. Anggota Dewan implemented. BOC members who have a conflict of
Komisaris yang memiliki benturan kepentingan tidak interest is not included in the voting process, and it
disertakan dalam proses pemungutan suara, dan should be stated in the minutes of the meeting.
hal tersebut harus dinyatakan di dalam notulensi
rapat.
Selama tahun 2014 telah diselenggarakan 12 rapat During 2014, 12 joint meetings have been held
bersama antara Dewan Komisaris dengan Direksi. between the Board of Commissioners and the Board
of Directors.

HUBUNGAN FINANSIAL DAN KELUARGA FINANCIAL AND FAMILY RELATIONS
Tidak ada anggota Dewan Komisaris dan Direksi There were no members of the Board of
yang merangkap jabatan sebagai komisaris, direktur, Commissioners and Directors who concurrently hold
maupun pejabat eksekutif pada perusahaan migas a position as commissioner, director, and executive
lain. Meskipun demikian, sebagai entitas usaha, officer in other oil & gas companies. However,
maka Komisaris Utama Perusahaan dijabat secara as a business entity, the Company’s President
langsung oleh Direktur Hulu PT Pertamina (Persero) Commissioner is held directly by Upstream Director
sebagai perwakilan Pemegang Saham. [G4-39] of PT Pertamina (Persero) as the representative of
Shareholders. [G4-39]
Kami juga memastikan tidak ada hubungan keluarga We also ensure there is no family relations by marriage
semenda di antara anggota Dewan Komisaris between members of the Board of Commissioners
maupun Direksi, sampai dengan derajat ketiga. and Board of Directors, up to the third degree.
Dengan demikian masing-masing anggota Dewan Thus each member of the Board of Commissioners
Komisaris maupun Direksi adalah independen, and Board of Directors is independent and has no
dan tidak memiliki benturan kepentingan dalam conflict of interest in carrying out their respective
melaksanakan tugas serta tanggung jawab masing- duties and responsibilities. [G4-39]
masing. [G4-39]
HUBUNGAN ANTARA DEWAN KOMISARIS, DIREKSI, DAN PEMEGANG SAHAM PENGENDALI

Relations between BOC, BOD and Controlling Shareholders
Hubungan Finansial Financial Relation Hubungan Keluarga Family Relation

Pemegang Saham Pemegang Saham
Nama Dewan Komisaris Direksi Pengendali Dewan Komisaris Direksi Pengendali

Name BOC BOD Controlling BOC BOD Controlling
Shareholder Shareholder
YA TIDAK YA TIDAK YA TIDAK YA TIDAK YA TIDAK YA TIDAK
Yes No Yes No Yes No Yes No Yes No Yes No
Dewan Komisaris BOC

Muhamad Husen • • • • • •
M Afdal Bahaudin • • • • • •
Denny Indrayana • • • • • •
Eddy Mulyadi Soepardi • • • • • •
Anny Ratnawati • • • • • •
Direksi BOD
Adriansyah • • • • • •
Doddy Priambodo • • • • • •
Beni Jafilius Ibradi AD • • • • • •
Satoto Agustono • • • • • •
Lukitaningsih • • • • • •

KOMITE PENUNJANG DEWAN KOMISARIS

BOC Supporting Committees
Guna mendukung fungsi pengawasan dan In order to support the oversight and advisory
memberikan nasihat kepada Direksi, Dewan function to the Board of Directors (BOD), the Board
Komisaris dibantu oleh Sekretaris Dewan Komisaris of Commissioners (BOC) is assisted by Secretary of
dan dua komite penunjang Dewan Komisaris, yaitu the Board of Commissioners and two supporting
Komite Audit; serta Komite Investasi dan Manajemen committees, namely Audit Committee; and
Risiko. [G4-34] Investment and Risk Management Committee.
[G4-34]
KOMITE AUDIT
Audit Committee
Komite Audit dibentuk oleh Dewan Komisaris dan Audit Committee was formed by the Board of
secara struktural berada langsung di bawah Dewan Commissioners and structurally under direct
Komisaris. Komite dibentuk untuk membantu dan supervision of the BOC. The Committee was formed
memperkuat Dewan Komisaris dalam menjalankan to assist and strengthen BOC in exercising oversight
fungsi pengawasan atas proses penyusunan function over the process of financial statements
laporan keuangan, pemilihan auditor eksternal preparation, the selection of external auditors and
dan proses auditnya, termasuk melakukan evaluasi their audit process, including performing evaluation
independensi dari auditor eksternal, proses audit of the external auditor’s independence, audit by the
oleh Internal Audit, assessment control dan risiko Internal Audit Unit, control and risk assessment as
serta penerapan GCG. [G4-57] well as GCG implementation. [G4-57]
Komite Audit secara kolektif mempunyai kompetensi Audit Committee collectively has the competence
dan pengalaman di bidang akuntansi, keuangan and experience in accounting, finance and
dan operasional. Semua anggota komite adalah operations. All committee members are
independen terhadap Direksi, auditor internal independent of BOD and auditors, both internal and
maupun auditor eksternal. Untuk memenuhi syarat external. To meet the independence requirements,
independensi, maka anggota Komite Audit tidak Audit Committee’s members are not selected
ditunjuk dari anggota eksekutif kantor akuntan from the executive officers of public accounting
publik yang memberikan jasa audit dan/atau jasa firms that provide audit and/or non-audit services
non-audit kepada Perusahaan dalam jangka waktu to the Company within a period of six months.
enam bulan terakhir. Sesuai Peraturan Bapepam-LK In accordance with Bapepam-LK regulation on
tentang Komite Audit, maka struktur keanggotaan Audit Committee, the structure of Audit Committee
Komite Audit sedikitnya terdiri dari tiga orang. membership consists of a minimum three members.
KEANGGOTAAN KOMITE AUDIT AUDIT COMMITTEE MEMBERSHIP

Struktur Anggota Komite Audit per 31 Desember Structure of Audit Committee membership as
2014 berdasarkan Surat Keputusan Dewan of December 31, 2014 based on the Board of
Komisaris Pertamina EP No. Kpts-046/DK-PEP/2013 Commissioners of PT Pertamina EP Decree No.
tanggal 30 Mei 2013 tentang Pengangkatan Ketua Kpts-046/DK-PEP/2013 dated May 30, 2013 on
dan Anggota Komite Audit di Lingkungan Dewan the Appointment of the Chairman and Members of
Komisaris Pertamina EP, adalah: Audit Committee within the Board of Commissioners
• Ketua : M. Afdal Bahaudin of PT Pertamina EP, is as follows:
• Anggota : 1. Prof. Dr. Lindawati Gani CMA Chairman: M. Afdal Bahaudin
2. Dr. Erna Hernawati Members: 1. Prof. Dr Lindawati Gani CMA
2. Dr. Erna Hernawati

SUSUNAN DAN PROFIL KEANGGOTAAN KOMITE AUDIT
Composition and Profile of Audit Committee Members
KETUA KOMITE AUDIT

Audit Committee Chairman
M. AFDAL BAHAUDIN
Ketua Komite Audit (2013-2014)
Audit Committee Chairman (2013-2014)
Bergabung sebagai Ketua komite audit Pertamina

EP pada tahun 2013, mendapatkan gelar Master
of Business Administration dari University of
Illinois, USA dan Sarjana Ekonomi (Akuntasi) dari
Universitas Padjajaran, Pengalaman sebelumnya
bekerja sebagai Corporate Senior VP dan CFO PT
Joining as Chairman of Pertamina EP’s Audit

Committee in 2013, he earned his Master of

Business Administration from University of Illinois,
US and Bachelor of Economics (Accounting) from
Padjadjaran University. He previously served as
Corporate Senior VP and CFO of PT Pertamina
(Persero).
ANGGOTA KOMITE AUDIT

Audit Committee Member
PROF. DR. LINDAWATI GANI CMA DR. ERNA HERNAWATI

Anggota Komite Audit (2013-2014) Anggota Komite Audit (2013-2014)
Audit Committee Member (2013-2014) Audit Committee Member (2013-2014)
Bergabung sebagai anggota komite audit Bergabung sebagai anggota komite audit
Pertamina EP sejak tahun 2011 Mendapatkan gelar Pertamina EP sejak tahun 2011 Mendapatkan gelar
Doktor of Philosophy dari Universitas Indonesia Doktor Ilmu Ekonomi dari Universitas Airlangga
Pengalaman sebelumnya bekerja sebagai Ketua Pengalaman sebelumnya bekerja sebagai Dosen
Program Jurusan Master Akuntansi Universitas Fakultas Ekonomi Universitas Veteran Jakarta.
Indonesia
Joining as member of Pertamina EP’s Audit Joining as member of Pertamina EP Audit

Committee since 2011. She earned her Doctor Committee since 2011. She earned her Doctor
of Philosophy from University of Indonesia. She of Economic Science from Airlangga University.
previously served as Head of Master of Accounting She previously worked as lecturer at Faculty of
Program at University of Indonesia. Economics, Veteran University, Jakarta.

TUGAS DAN TANGGUNG JAWAB KOMITE AUDIT AUDIT COMMITTEE DUTIES AND RESPONSIBILITIES
Komite Audit melaksanakan tugas dan tanggung Audit Committee carries out duties and
jawabnya dengan berpedoman pada Piagam responsibilities based on the Audit Committee
Audit yang dituangkan dalam bentuk Pedoman Working Implementation Guidelines (Audit
Pelaksanaan Kerja Komite Audit (Audit Committee Committee Charter) No.A-011/DK-PEP/2010-50.
Charter) No.A-011/DK-PEP/2010-50. Secara The Audit Committee’s scope of duties and
keseluruhan lingkup tugas dan tanggung jawab responsibilities include:
Komite Audit meliputi:
• Pemantauan Komite Audit Terhadap Audit Internal • A

udit Committee’s Monitoring on Internal Audit
Secara rutin satu kali dalam setiap bulan, Komite Once in every month, the Audit Committee
Audit melakukan pertemuan bersama Internal regularly meets with the Internal Audit
Audit. Pertemuan membahas kinerja bulanan Unit. The meeting is held to discuss about
Internal Audit yang meliputi audit operasional dan Internal Audit’s monthly performance of
kepatuhan untuk lapangan yang dioperasikan operational audit and compliance for own
sendiri dan lapangan kemitraan, audit khusus, operations and partnership fields, special
serta audit terminasi dan konsultasi. audit, termination audit and consulting.
Dalam audit khusus dibahas penanganan

laporan pengaduan (whistleblower), terutama Special audit discusses the whistleblower
pengaduan yang berkaitan dengan masalah report handling, particularly reports relating to
akuntansi, pengendalian internal dan audit, dan accounting, internal control and audit, as well
pengaduan tanpa nama yang disampaikan as anonymous reports on accounting and audit
berkaitan dengan masalah akuntansi dan audit, matters, in accordance with the regulations.
sesuai dengan peraturan.
Fungsi review dilakukan terhadap sistem Review function is performed on the internal
pengendalian internal mengenai temuan audit control system regarding routine audit findings
rutin dan pemantauan proses penyusunan and monitoring of the process of Internal Control
Internal Control Over Financial Reporting Over Financial Reporting (ICoFR) preparation,
(ICoFR), serta menelaah laporan audit eksternal as well as review on external audit report by the
oleh Kantor Akuntan Publik (KAP) Tanudiredja, Public Accounting Firm Tanudiredja, Wibisana
Wibisana & Rekan (PWC) mengenai efektivitas & Partners (PWC) regarding the effectiveness
pengendalian internal atas pelaporan keuangan. of internal control over financial reporting.
• Pemantauan Komite Audit Terhadap Audit Eksternal • Audit Committee’s Monitoring on External Audit
Komite Audit bertugas meyakinkan apakah The Audit Committee is assigned to ensure
Auditor Eksternal telah melaksanakan auditnya whether the External Auditor has conducted
sesuai dengan Standar Profesional Akuntan its audit in accordance with the Public
Publik (SPAP) dan Aturan Etika. Pada tahun Accountants Professional Standards (SPAP)
2014, KAP yang ditugaskan mengaudit laporan and Code of Ethics. In 2014, the PAF assigned
keuangan Perusahaan adalah KAP Tanudiredja, to audit the Company’s financial state-ments
Wibisana & Rekan (PWC). was Tanudiredja, Wibisana & Partners (PWC).
Komite Audit ikut terlibat dalam penyusunan The Audit Committee is involved in the
kerangka acuan kerja (KAK) dan penetapan preparation of terms of reference (TOR) and the
jumlah fee audit yang masih dalam batas determination of the amount of reasonable audit
kewajaran. Komite Audit memberi usulan kepada fees. The Audit Committee proposes to the Board
Dewan Komisaris atas pemilihan External Auditor. of Commissioners for the selection of the External
Auditor.
Dalam melakukan pemantauan atas proses In monitoring the external audit process,
audit eksternal, Komite Audit melakukan the Audit Committee coordinates with PAF
koordinasi dalam entry meeting dengan KAP PricewaterhouseCoopers (PWC) in the entry
PricewaterhouseCoopers (PWC); penilaian meeting; independence appraisal; External
independensi; informasi Auditor Eksternal tentang Auditor information about matters that have
hal-hal yang berdampak pada perkembangan impact on the Company’s development in the
Perusahaan di masa datang serta risiko future as well as business risks that could lead to
bisnis yang dapat menyebabkan material material misstatements; obstacles encountered
misstatement; hambatan yang dijumpai selama during the auditing process; documentation
pelaksanaan audit; kelengkapan dokumentasi of the Company's financial statements for the
laporan keuangan Perusahaan untuk tahun year 2014; compliance with generally accepted
2014; kepatuhan terhadap standar akuntansi accounting standards and the completion of
yang berlaku umum dan penyelesaian laporan the audited financial statements for year Ended
keuangan yang diaudit (audited financial
statements) untuk tahun yang berakhir 31
Desember 2014.

Komite Audit melalui pertemuan secara rutin December 31, 2014. Audit Committee through
dengan Fungsi Keuangan & Internal Audit regular meetings with the Finance & Internal Audit
memastikan bahwa penyajian Laporan Keuangan Function ensures that the Company’s Financial
Perusahaan telah disusun dan disajikan secara Statements have been prepared and presented
cermat, akurat, wajar dan terbebas dari adanya carefully, accurate, fair and free from any material
salah saji yang material. Selain itu Laporan misstatement. In addition, the Company’s
Keuangan Perusahaan juga telah memenuhi financial statements have also met the accounting
prinsip-prinsip akuntansi yang berlaku di sektor principles applicable in the oil and gas industrial
industri minyak dan gas bumi, dan kebijakan sector, and the established accounting policies
akuntansi yang telah ditetapkan serta peraturan as well as applicable laws and regulations.
perundang-undangan yang berlaku.
• Pemantauan Komite Audit Terhadap • Audit Committee’s Monitoring on Internal

Pengawasan Internal dan Manajemen Risiko Control and Risk Management. The Audit
Komite Audit secara berkala melakukan Committee regularly monitors the internal
pemantauan jalannya pengawasan internal control implementation through Internal Audit
melalui fungsi Internal Audit dan mengevaluasi function and evaluates Internal Audit report
laporan Internal Audit perihal pelaksanaan on internal control implementation. The Audit
pengawasan internal. Komite Audit juga aktif Committee also actively performs monitoring
memonitor dengan mengadakan pertemuan dan through meetings and discussions with business
diskusi bersama pemilik Perusahaan (business owner, Internal Audit unit and Delloite Consultant
owner), Internal Audit dan Konsultan Delloite serta as well as recommends improvements
memberikan rekomendasi perbaikan-perbaikan on ICoFR application development.
atas perkembangan penerapan ICoFR.
Komite Audit juga melakukan pemantauan The Audit Committee also monitors
pelaksanaan manajemen risiko dengan implementation of risk management through

komunikasi dan diskusi dengan Fungsi communication and discussion with the Risk
Manajemen Risiko terkait pelaksanaan Management function regarding the Company’s
manajemen risiko Perusahaan. Saat ini, Fungsi risk management implementation. Currently Risk
Manajemen Risiko telah membuat program Management function has made a program and
dan melakukan assessment terhadap potensi conducts assessment of potential risk events of all
kejadian risiko dari seluruh fungsi dan juga telah functions as well as risk mitigation monitored by
membuat mitigasi risiko yang dimonitor Fungsi Risk Management function in order to ensure that
Manajemen Risiko guna memastikan bahwa every risk owner has implemented risk mitigation.
mitigasi risiko telah telah dijalankan oleh masing-
masing pemilik risiko (risk owner).
• Pemantauan Komite Audit terhadap Penerapan • Audit Committee Monitoring on GCG

GCG Komite Audit melakukan pemantauan implementation. Audit Committee monitors
penerapan GCG melalui pertemuan rutin bersama GCG implementation through regular meetings
Internal Audit, dengan agenda khusus membahas with the Internal Audit unit, with a special
perbaikan yang telah diupayakan manajemen agenda to discuss improvements that have
mengacu rekomendasi tim eksternal dari Badan been made by management with reference
Pengawasan Keuangan dan Pembangunan to recommendations from the external team
(BPKP) pada saat melakukan assessment GCG. of Finance and Development Supervisory
Agency (BPKP) during GCG assessment.
Komite Audit bersama Internal Audit telah memiliki The Internal Audit Committee and Internal Audit
mekanisme untuk pemantauan pelaporan unit have a mechanism to monitor reports from
pengaduan kepada Perusahaan (whistleblower) whistleblowers to the Company as well as the
serta penanganan setiap pelaporan. Selanjutnya handling of each report. Internal Audit unit will
Internal Audit melaporkannya di dalam rapat report it in meetings regarding follow-up actions
mengenai tindak lanjut serta hasil pelaporan and results of the whistleblower report. Most of
whistleblower. Sebagian besar kasus yang the reported cases have been about compliance
dilaporkan terkait dengan kepatuhan terhadap with applicable rules, and the Internal Audit unit
aturan yang berlaku, dan semua telah has resolved them.
diselesaikan oleh Internal Audit.

PERTEMUAN KOMITE AUDIT AUDIT COMMITTEE MEETING

Selama tahun 2014 Komite Audit melaksanakan During 2014, the Audit Committee has held 10
rapat sebanyak 10 kali, dengan tingkat kehadiran meetings, with average attendance rate of 83.33%.
rapat rata-rata 83,33%.
Berdasarkan program kerja tahun 2014, realisasi Based on 2014 work program, the realization of
program kerja Komite Audit sepanjang tahun 2014 Audit Committee work program during 2014 include:
meliputi:
1. Monitoring efektivitas pelaksanaan GCG 1. Monitoring the effectiveness of GCG

2. Monitoring efektivitas pelaksanaan ICoFR implementation
3. Monitoring dan review efektivitas pelaksanaan 2. Monitoring the effectiveness of ICoFR
fungsi Internal Audit implementation
a. Efektivitas pengendalian internal 3. Monitoring and review the effectiveness of
b. Efektivitas pelaksanaan risk based audit internal audit function, including:
c. Efektivitas penanganan pengaduan a. Effectiveness of internal control
d. Efektivitas atas fungsi pendukung b. Effectiveness of risk based audit
4. Review atas pencapaian kinerja perusahaan c. Effectiveness of complaint handling
a. Evaluasi atas RKAP Perusahaan tahun 2014 d. Effectiveness of support functions
b. Evaluasi atas pencapaian kinerja perusahaan 4. Review of the company’s performance
5. Monitoring dan review efektivitas pelaksanaan a. Evaluation of 2014 RKAP
audit eksternal b. Evaluation of the company’s performance
achievement
5. Monitoring and review the external audit
implementation effectiveness
PELAKSANAAN RAPAT DAN TINGKAT KEHADIRAN RAPAT KOMITE AUDIT 2014

Meeting and Attendance of Audit Committee 2014
Nama Jabatan Status Independensi Jumlah Rapat Jumlah Kehadiran

%
Name Position Independence Status Total Meeting Total Attendance
Ketua Non Independen
M. Afdal Bahaudin 10 5 50%
Chairman Non-independent
Anggota Independen
Prof. Dr. Lindawati Gani CMA 10 10 100%
Member Independent
Anggota Independen
Dr. Erna Hernawati 10 10 100%
Member Independent
KOMITE INVESTASI DAN MANAJEMEN RISIKO

Investment And Risk Management Committee
Komite Investasi dan Manajemen Risiko dibentuk Investment and Risk Management Committee
oleh Dewan Komisaris. Komite Investasi dan was established by the Board of Commissioners.
Manajemen Risiko bertugas untuk membantu The Committee is assigned to assist the Board of
Dewan Komisaris dalam hal pelaksanaan tugas- Commissioners in performing its duties according
tugas sesuai Anggaran Dasar Perseroan, khususnya to the Company’s Articles of Association, especially
dalam bidang review serta pengawasan investasi in conducting review and oversight on Investment
dan Manajemen Risiko. Hal ini untuk memastikan and Risk Management. This is aimed to ensure the
tercapainya tujuan investasi dan pelaksanaan achievement of investment goals and effective
manajemen risiko dengan efektif sehingga dapat implementation of risk management to ensure
menjamin tercapainya target kinerja perusahaan. achievement of the Company’s performance
targets.
Struktur Anggota Komite Investasi & Manajemen Investment & Risk Management Committee’s
Risiko per 31 Desember 2014 dibentuk berdasarkan Membership Structure as of December 31, 2014
Surat Keputusan Dewan Komisaris Pertamina EP No. was formed based on PT Pertamina EP Board of
084/DK-PEP/2013 tentang Pengangkatan Ketua Commissioners Decree No 084/DK-PEP/2013
dan Anggota Komite Investasi dan Manajemen on Appointment of Chairman and Members of
Risiko di Lingkungan Dewan Komisaris Pertamina EP. Investment and Risk Management Committee within
Board of Commissioners of PT Pertamina EP.

SUSUNAN DAN PROFIL KEANGGOTAAN KOMITE INVESTASI DAN MANAJEMEN RESIKO
Composition and Profile of Investment and Risk Management Committee
KETUA KOMITE INVESTASI DAN MANAJEMEN RESIKO

Investment and Risk Management Committee Chairman
M. AFDAL BAHAUDIN
Ketua Komite Audit (2013-2014)
Audit Committee Chairman (2013-2014)
Bergabung sebagai Ketua komite audit Pertamina

EP pada tahun 2013, mendapatkan gelar Master
of Business Administration dari University of
Illinois, USA dan Sarjana Ekonomi (Akuntasi) dari
Universitas Padjajaran, Pengalaman sebelumnya
bekerja sebagai Corporate Senior VP dan CFO PT
Joining as Chairman of Pertamina EP’s Audit

Committee in 2013, he earned his Master of

Business Administration from University of Illinois,
US and Bachelor of Economics (Accounting) from
Padjadjaran University. He previously served as
Corporate Senior VP and CFO of PT Pertamina
(Persero).
ANGGOTA INVESTASI DAN MANAJEMEN RESIKO

Investment and Risk Management Committee Member
IR. MIRMA FADJARWATI MALIK MBA MUHAMMAD DANIAL SE AK, MM, CPA
Anggota Komite Investasi dan Manajemen Risiko Anggota Komite Investasi dan Manajemen Risiko
Member of Investment and Risk Management Member of Investment and Risk Management
Committee (2013 - 2014) Committee (2013 - 2014)
Bergabung sebagai anggota Komite Investasi Bergabung sebagai anggota Komite Investasi
dan Manajemen Risiko Pertamina EP pada tahun dan Manajemen Risiko Pertamina EP pada tahun
2013. Mendapatkan gelar Master of Business 2013. Mendapatkan gelar Magister Manajemen
Administration dari Pittsburg State University, dari Universitas Padjajaran dan Sarjana Ekonomi
Pittsburg, Kansas, U.S.A. dan First degree of (Akuntasi) dari Universitas Indonesia Pengalaman
Industrial Engineering dari Institut Teknologi sebelumnya bekerja sebagai Komite Audit di PT
Bandung. Pengalaman sebelumnya bekerja Waskita Karya (Persero) dan Pimpinan di KAP
sebagai Direktur Operasi dari PT Surveyor Muhammad Danial.
Indonesia.
Joining as member of Pertamina EP’s Investment Joining as member of Pertamina EP’s Investment
and Risk Management Committee since 2013. She and Risk Management Committee since 2013. He
earned her Master of Business Administration from earned a Master of Management from Padjajaran
Pittsburg State University, Pittsburg, Kansas, US, and University and Bachelor of Economics (Accounting)
First degree of Industrial Engineering from Bandung from University of Indonesia. He previously served as
Institute of Technology. She previously served as a member of Audit Committee at PT Waskita Karya
Operation Director at PT Surveyor Indonesia. (Persero) and Leader of PAF Muhammad Danial.

TUGAS DAN TANGGUNG JAWAB DUTIES AND RESPONSIBILITIES OF

KOMITE INVESTASI DAN MANAJEMEN RISIKO INVESTMENT AND RISK MANAGEMENT
COMMITTEE
Lingkup tugas dan tanggung jawab Komite Investasi The Committee reviews and oversees the
& Manajemen Risiko adalah sebagai berikut: implementation of PT Pertamina EP’s investment
• Komite melakukan review dan pengawasan plan to be in line with the expected goals.
pelaksanaan terhadap rencana investasi • Committee to review and supervise
Pertamina EP agar sesuai dengan sasaran yang implementation of Pertamina EP investment
diharapkan; plan to be in accordance with expected target
• Mengevaluasi dan mengawasi pengelolaan • Evaluate and oversee the Company’s risk
manajemen risiko Perusahaan, baik risiko management, both investment and operations
investasi maupun risiko operasi yang dapat risks that may cause decrease in income or
berdampak terhadap penurunan pendapatan increase in expenses, which pose the risk
atau kenaikan biaya, sehingga berisiko of lowering the achievement level of the
menurunkan tingkat pencapaian laba company’s profit.
Perusahaan; • Identify matters relating to investment
• Mengidentifikasi hal-hal yang berkaitan dengan management and risk management that
manajemen investasi dan manajemen risiko require the Board of Commissioners’ attention.
yang memerlukan perhatian Dewan Komisaris; • Carry out other tasks given by the Board
• Melaksanakan tugas lainnya yang diberikan of Commissioners in accordance with the
oleh Dewan Komisaris sesuai dengan ketentuan applicable provisions.
berlaku; • Report its duty performance to the Board of
• Melaporkan hasil pelaksanaan tugasnya Commissioners.
kepada Dewan Komisaris.
Komite Investasi dan Manajemen Risiko dalam Investment and Risk Management Committee
melaksanakan tugasnya melakukan komunikasi in carrying out its duties holds communications
dan rapat dengan Unit Kerja Manajemen Risiko and meetings with the Risk Management Unit of
Pertamina EP. Pada saat penyusunan Rencana PT Pertamina EP. At the time of drafting the Work
Kerja 2014, Komite Investasi dan Manajemen Risiko Plan 2014, the Investment and Risk Management
telah mendapatkan penjelasan dari Unit Kerja Committee has received explanation from Risk
Manajemen Risiko dan memberikan pengarahan Management Unit and provided guidance on the
atas rencana investasi, Risk Register dan Top Risk, investmen plans, Risk Register and Top Risks, Top Risk
pemetaan Top Risk, rencana Mitigasi risiko Top Risk mapping, Top Risk Mitigation plans as well as internal/
serta kondisi lingkungan kerja internal/eksternal external working conditions of the Corporate Work
pada Rencana Kerja dan Anggaran (RKAP) 2014. Plan and Budget (RKAP) 2014.
PERTEMUAN KOMITE INVESTASI INVESTMENT AND RISK MANAGEMENT

DAN MANAJEMEN RISIKO COMMITTEE MEETING
Selama tahun 2014 Komite Investasi dan During 2014, the Investment and Risk Management
Manajemen Risiko melaksanakan rapat komite Committee held 6 meetings, consisting of
sebanyak enam kali, meliputi rapat koordinasi coordination meetings of BOC Supporting
Komite-komite Penunjang Dewan Komisaris dengan Committees with the Board of Commissioners.
Dewan Komisaris. Berdasarkan program Kerja tahun Based on the work program in 2014, its realization
2014, realisasi program kerja telah melampaui has exceeded the planned agenda and average
agenda pembahasan yang direncanakan dan meeting attendance rate was 94%. [G4-47]
tingkat kehadiran rapat rata-rata 94%. [G4-47]
RAPAT KOMITE INVESTASI DAN MANAJEMEN RISIKO 2014

Investment And Risk Management Committee Meeting In 2014
Nama Jabatan Status Independensi Jumlah Rapat Jumlah Kehadiran

%
Name Position Independence Status Total Meeting Total Attendance
Ketua Non Independen
M. Afdal Bahaudin 6 5 83
Chairman Non-independent
Anggota Independen
Muhammad Danial SE Ak, MM, CPA 6 6 100
Member Independent
Anggota Independen
Ir. Mirma Fadjarwati Malik MBA 6 6 100
Member Independent

REALISASI PROGRAM KERJA INVESTMENT AND RISK MANAGEMENT
KOMITE INVESTASI DAN MANAJEMEN RISIKO COMMITTEE WORK PROGRAM REALIZATION
Pada seluruh kegiatan yang dilaksanakan Pertamina In all activities carried out by Pertamina EP in 2014,
EP tahun 2014, Komite Investasi dan Manajemen Investment and Risk Management Committee
Risiko telah mendapatkan informasi dan penjelasan has received information and explanation from
dari Unit Kerja Manajemen Risiko Pertamina EP Pertamina EP Risk Management Unit for realization
terhadap realisasi penerapan rencana mitigasi atas of mitigation plan on Top 10 Risks and other risks that
10 Risiko Utama (Top 10 Risk), dan risiko lainnya yang have been identified during the preparation of Work
telah diidentifikasi pada saat penyusunan Rencana Plan 2014. Implementation of Top 10 Risks mitigation
Kerja (RK) 2014. Uraian lanjut mengenai realisasi plan in Work Plan 2014. Further description on
implementasi mitigasi risiko tersaji pada bagian realization of risk mitigation implementation is
yang menjelaskan tentang Manajemen Risiko. presented in the Risk Management section.
SEKRETARIS DEWAN KOMISARIS

Secretary of the Board of Commissioners
Sekretaris Dewan Komisaris adalah organ Dewan Secretary of the Board of Commissioners is the
Komisaris yang diangkat oleh Dewan Komisaris, organ of the Board of Commissioners appointed by
yang bertugas membantu kelancaran pelaksanaan the Board of Commissioners, which helps facilitate
tugas dan tanggung jawab Dewan Komisaris. the implementation of the duties and responsibilities
of the Board of Commissioners.
ARSIL S. YAN
Sekretaris Dewan Komisaris Secretray of the Board of Commissioners

Menjabat sebagai Sekretaris Dewan Komisaris He has been serving as Secretary of the Board
Pertamina EP sejak 1 Juni 2014. Mendapatkan gelar Commissioner EP since June 1, 2014. Earned a
Sarjana Teknik Mesin dari Institut Sains Dan Teknologi Bachelor of Mechanical Engineering from the
Nasional. Sebelumnya menempati posisi sebagai National Institute of Science and Technology. He
General Affairs Manager dan Upstream Subsidiary previously served as General Affairs Manager and
Mgt Manager di PT Pertamina (Persero). Upstream Subsidiary Mgt Manager at PT Pertamina
(Persero).
Secara garis besar, tugas Sekretaris Dewan In general, the duties of the Secretary of BOC are as
Komisaris adalah sebagai berikut : follows:
1. Membantu Dewan Komisaris dalam membuat 1. Assist the Board of Commissioners in making
risalah rapat Dewan Komisaris; the BOC minutes of meetings;
2. Mengkoordinasikan tugas Sekretariat Dewan 2. Coordinate duties of Board of Commissioners
Komisaris; Secretary;
3. Melakukan koordinasi pelaksanaan rapat- 3. To coordinate the implementation of BOC
rapat Dewan Komisaris; meetings;
4. Mengkoordinasikan tugas-tugas administratif, 4. Coordinate administrative tasks, secretarial
kesekretariatan, dan protokoler Dewan services, and protocols of BOC;
Komisaris; 5. Coordinate and follow up on the request and/
5. Mengkoordinasikan dan tindak lanjut atas or collect data/information from and/or to
permintaan dan/atau pengumpulan data/ the management and the external parties
informasi dari dan/atau kepada pihak that are not included in the Committee’s
manajemen dan eksternal yang tidak tercakup duties, including information on the rules and
dalam tugas-tugas Komite, termasuk informasi regulations that are relevant to the duties and
mengenai peraturan dan ketentuan yang responsibilities of BOC;
relevan dengan tugas dan tanggung jawab 6. Coordinate the preparation of the draft
Dewan Komisaris; budget and present the annual budget of the
6. Mengkoordinasikan penyusunan rancangan Commissioners institution;
anggaran dan menyampaikan anggaran 7. Coordinate the preparation of suggestions
tahunan Lembaga Komisaris; and opinions on the agenda and materials of
7. Mengkoordinasikan penyusunan saran dan General Meeting of Shareholders;
pendapat mengenai agenda dan materi 8. Coordinate and follow up on duties that are not
Rapat Umum Pemegang Saham; included in the duties of the Committees under
8. Mengkoordinasikan dan tindak lanjut atas the Board of Commissioners.
tugas lain yang tidak tercakup dalam tugas-
tugas Komite di bawah Dewan Komisaris.

KOMITE PENUNJANG DIREKSI

BOD Supporting Committees
Untuk membantu pelaksanaan praktik-praktik In order to support the implementation of corporate

terbaik tata kelola Perusahaan, termasuk kepatuhan governance best practices, including compliance
terhadap Etika Kerja dan Bisnis (ECBC) serta with the Ethics Code and Business Conduct ('ECBC')
penerapan GCG di lingkungan Pertamina EP, Direksi as well as the implementation of GCG within
membentuk Komite Etika dan GCG. Selain itu Direksi Pertamina EP, the Board of Directors established the
juga dibantu oleh Sekretaris Perusahaan. Committee for Ethics and GCG. In addition, BOD is
also assisted by Corporate Secretary.
Dalam menjalankan aktivitas bisnis Perusahaan, In carrying out the Company's business activities,
Direksi dibantu manajemen yang terdiri dari pejabat BOD is assisted by the management consisting
senior setingkat Vice President (VP). Masing-masing of senior officials of Vice President (VP) rank. Each
VP memiliki tugas dan tanggung jawab yang VP has duties and responsibilities that have been
telah ditentukan Pertamina EP, yang merupakan determined by Pertamina EP, which enunciate the
penjabaran dari pemenuhan tanggung jawab sosial fulfillment of social and environmental responsibility
dan lingkungan meliputi aspek ekonomi, lingkungan in economic, environmental and social aspects.
maupun sosial. [G4-35] [G4-36] [G4-35] [G4-36]
KOMITE ETIKA DAN GCG ETHICS AND GCG COMMITTEE

Komite Etika dan GCG bertanggung jawab kepada The Ethics and GCG Committee is under the
Direksi dalam memberikan rekomendasi atas supervision of BOD and resposible for making
pelanggaran ECBC dan GCG, serta melakukan recommendations over violation of ECBC and
penyesuaian dan menjadi role model dalam GCG, as well as exemplary acts in ECBC and GCG
penerapan ECBC dan GCG. implementation.
KEANGGOTAAN KOMITE ETIKA & GCG ETHICS AND GCG COMMITTEE MEMBERSHIP
Keanggotaan Komite Etika & GCG melekat pada Membership of Ethics & GCG Committee is attached
jabatan tertentu. Anggota Komite Etika & GCG to a particular position. Ethics & GCG Committee
diangkat berdasarkan Surat Perintah (SP) Presiden members are appointed based on President
Direktur No: Prin-030/EP0000/2013-S0, tanggal Director Letter of Instruction (SP) No. Prin-030/
1 Maret 2013 tentang Komite Etika & GCG dan EP0000/2010-S0 dated March 1, 2013 on Ethics &
Pengawas. GCG Committee and Superintendents.
Komite Etika & GCG beranggotakan 14 The Ethics & GCG Committee has 14 personnel.
personel. Baik Ketua maupun Anggota Komite Chairman and members of the Committee sign the
menandatangani Piagam Komite, yang merupakan Committee Charter, which is a mutual agreement to
kesepakatan bersama untuk menjalankan nilai dan carry out all values and norms in accordance with
norma sesuai dengan ECBC serta mengawasi dan the ECBC as well as oversee and follow up the ECBC
menindaklanjuti pelaksanaan ECBC. implementation.
FIRDAUS BAMBANG SAPUTRA

VP Internal Audit & Ketua Komite Etika dan GCG
Internal Audit VP & Ethics and GCG Committee Chairman
Bergabung dengan Pertamina EP sejak Mei 2013 Joining PT Pertamina EP since May 2013 and has
dan menjadi pekerja PT Pertamina (Persero) sejak become employee of PT Pertamina (Persero) since
tahun 1993. Selama kurun waktu tersebut, Firdaus 1993. During this period, Firdaus Bambang Saputra
Bambang Saputra menduduki posisi kunci: occupying key positions:
• Manajer Audit Bidang Pemasaran & Niaga PT • Audit Manager of Marketing & Trade at PT
Pertamina (Persero) (2009-2010) Pertamina (Persero) (2009-2010)
• Manajer Business Group M&T Internal Audit PT • Business Group Manager of M&T Internal Audit at
Pertamina (Persero) (2011-2012) PT Pertamina (Persero) (2011-2012)
• VP Investigation Audit PT Pertamina (Persero) • VP of Audit Investigation at PT Pertamina (Persero)
(2012- April 2013) (2012 - April 2013)
• VP Internal Audit Pertamina EP (Mei • VP Internal Audit of PT Pertamina EP (May 2013 -
2013-sekarang) present).

TUGAS DAN TANGGUNG JAWAB DUTIES AND RESPONSIBILITIES OF THE ETHICS
KOMITE ETIKA & GCG & GCG COMMITTEE
1. Mempersiapkan perangkat, mekanisme dan 1. Prepare the required framework, systems and
sistem yang dibutuhkan dalam implementasi mechanisms to implement the ECBC
ECBC. 2. Evaluate and continuously develop the ECBC
2. Mengevaluasi dan mengembangkan secara within PT Pertamina EP.
berkesinambungan ECBC di lingkungan 3. Supervise and ensure that the ECBC is properly
Pertamina EP. implemented in the entire working areas of PT
3. Mengawasi dan memastikan pelaksanaan Pertamina EP.
ECBC berjalan dengan baik di seluruh wilayah 4. Disseminate ECBC to all employees so that it
kerja Pertamina EP. can be understood, complied with and applied
4. Mensosialisasikan ECBC agar dapat dipahami, to every work activity.
dipatuhi dan dilaksanakan dalam setiap 5. Assist the Board of Directors in promoting
aktivitas kerja. and supervising the effectiveness of the GCG
5. Membantu tugas Direksi dalam pembinaan dan implementation in the Company as part of the
pengawasan efektivitas penerapan praktik GCG effort to provide added value to shareholders,
di Perusahaan sebagai upaya meningkatkan including the dissemination and internalization.
nilai pemegang saham, termasuk sosialisasi 6. Evaluate the effectiveness of GCG
dan internalisasi. implementation by the primary body as well as
6. Melakukan evaluasi terhadap efektivitas support bodies, and provide input regarding
penerapan GCG oleh organ utama dan improvements and consolidation.
organ pendukung dan memberikan masukan 7. Make recommendations for improvement

penyempurnaan serta upaya-upaya of GCG implementation in the Company in
pemantapannya. accordance with GCG principles in the energy
7. Memberikan rekomendasi peningkatan sector.
penerapan GCG di Perusahaan, sesuai dengan 8. Increase the confidence of the stakeholders
asas-asas GCG di bidang energi. that the Company is being managed properly,
8. Meningkatkan keyakinan para pemangku professionally and reliably.
kepentingan bahwa Perusahaan dikelola 9. Evaluate and make improvements to guidelines
dengan baik, profesional dan terpercaya. related to the implementation of GCG at least
9. Mengevaluasi dan melakukan penyempurnaan once a year, or according to the Company’s
terhadap pedoman-pedoman yang berkaitan needs.
dengan pelaksanaan GCG sekurang- 10. Develop work plan and annual report regarding
kurangnya 1 (satu) tahun sekali atau disesuaikan GCG implementation together with GCG
dengan kebutuhan Perusahaan. management function of the Board of Directors,
10. Membuat rencana kerja dan laporan tahunan as part of the Annual Report of the Company.
pelaksanaan GCG bersama fungsi manajemen 11. Analyze the best practices of GCG in other
GCG organ Direksi, sebagai bagian dari companies to be implemented in PT Pertamina
Laporan Tahunan Perusahaan. EP.
11. Menelaah praktik-praktik terbaik GCG di 12. Collect reports of ECBC violations and
Perusahaan lain untuk dapat diimplementasikan recommend sanctions to immediate superior
di Pertamina EP. of authorized member in accordance with
12. Mengumpulkan laporan pelanggaran ECBC applicable regulations.
dan memberi rekomendasi sanksi kepada 13. Make recommendations regarding exemplary
atasan langsung anggota berwenang sesuai implementation of ECBC along with appropriate
peraturan yang berlaku. rewards or awards for employee or working
13. Memberi rekomendasi terhadap contoh teladan team.
implementasi ECBC beserta reward/award yang 14. Make recommendations regarding issues
layak diberikan kepada pekerja atau tim kerja. related to ECBC to the relevant functions.
14. Memberi rekomendasi mengenai isu-isu yang 15. Monitor the performance of Ethics
berkenaan dengan ECBC kepada fungsi-fungsi Superintendents in the Areas, as well as address
terkait. the ECBC violations that occur at the Head
15. Memantau kinerja para Pengawas Etika di Office, and Areas, according to sanctions that
Area serta menindaklanjuti pelanggaran- have been set.
pelanggaran ECBC yang terjadi di Pusat
maupun Area, sesuai dengan sanksi yang telah
ditetapkan.

PERTEMUAN KOMITE ETIKA DAN GCG ETHICS AND GCG COMMITTEE MEETING
Selama tahun 2014 Komite Etika dan GCG During 2014, the Ethics and GCG Committee held
melaksanakan rapat komite sebanyak 6 6 meetings. Based on the Work Program 2014, the
kali. Berdasarkan program Kerja tahun 2014, realization of the work program has exceeded the
realisasi program kerja telah melampaui agenda planned agenda and meeting average attendance
pembahasan yang direncanakan dan tingkat rate was 68%.
kehadiran rapat rata-rata 68%.
REKAPITULASI RAPAT DAN TINGKAT KEHADIRAN KOMITE ETIKA DAN GCG

Meeting Recapitulation and Attendance Rate of Ethics and GCG Committee
Jabatan pada Perusahaan Jabatan Jumlah Rapat Jumlah Kehadiran

Nama Name Total Meetings Total Attendance
%
Position in the Company Position
VP Internal Audit Ketua Chairman Firdaus Bambang Saputra 6 6 100%
VP Legal & Relation Anggota Member Aji Prayudi 2 33%
Anggota Member Indra Priyatna (Pjs) 6 1 17%
D. Yodi Priyatna
Anggota Member 1 17%
(Sertijab Agustus 2014)
VP Human Resource Anggota Member Beni S. Hidayat 6 4 67%
VP SCM & GS Anggota Member Elizar Hasibuan 6 3 50%
VP Exploitation Anggota Member Herutama Trikoranto 6 2 33%
VP Exploration Anggota Member Nanang A. Manaf 0 0%
Anggota Member Edward (Pjs) 6 1 17%
Indra Prasetya
(Sertijab Mei 2014)
VP Health, Safety, Security, &
Anggota Member Lelin Eprianto 1 17%
Environment 6
Anggota Member Indra P. Sembiring (Pjs) 1 17%
VP Information & Communica-
Anggota Member Lukito Suwarno 3 50%
tion Technology
6
Budi Widyarta
(Sertijab September 2014)
VP Controller & Partnership
Anggota Member Ery Krisnanto 3 50%
Financial 6
Anggota Member M. Priadi 1 17%
VP Organization Capabilities &
Anggota Member Tolingul Anwar 6 4 67%
Operating Exellence
VP Strategic Planning & Risk
Anggota Member Nelson Sitompul 6 6 100%
Management
VP Drilling Anggota Member Bambang Widjanarko 6 4 67%
System&Process Manager Anggota Member Deri Safari 6 4 67%
Sekretaris
merangkap
Internal Audit East Area
anggota Sambodo Handojo H. 6 6 100%
Manager Secretary and
Member

REALISASI PROGRAM KERJA KOMITE ETIKA & ETHICS & GCG COMMITTEE WORK PROGRAM
GCG REALIZATION
Selama tahun 2014, Komite Etika & GCG telah During 2014, the Ethics Committee & GCG has been
melaksanakan berbagai kegiatan, meliputi: carrying out various activities, including:
• Melaksanakan Rapat Kerja Komite • Carry out Committee working meeting

a. Evaluasi atas Board Manual, Code of Corporate a. Evaluation on Board Manual, the Code of
Governance, GCG Compliance dan nilai Corporate Governance, GCG Compliance and
perusahaan serta visi misi perusahaan. corporate values as well as the company’s mission
b. Updating e-learning ECBC dan GCG terkait and vision.
dengan Value Based Development Program 6C b. Updating ECBC and GCG e-learning related to
c.
Penanganan Pengaduan Masyarakat dan Value Based Development of 6C Program
pelanggaran pekerja. c.
Handling of Public Complaint and employee
d. Kondisi yang berkembang dalam lingkungan violations.
Pertamina EP. d. Developing conditions within PT Pertamina EP.
• Tindak lanjut rekomendasi atas assessment GCG • Follow-up recommendations on GCG assessment
tahun 2013 2013
a. Review dan merevisi Board Manual dan Code of a. Review and revision of Board Manual and the
Corporate Governance. Code of Corporate Governance.
b. Internalisasi dan sosialisasi ECBC, GCG dan Nilai b. Internalization and dissemination of ECBC, GCG
Perusahaan melalui e-learning. and Corporate Values through e-learning.
• Pemantauan pelaksanaan GCG Compliance • GCG Compliance implementation monitoring

Pengisian form pelaporan gratifikasi dalam GCG Gratification reporting form in the GCG Compliance
Compliance dilakukan setiap awal bulan. Selama is filled at the beginning of every month. During 2014,
tahun 2014, jumlah pelaporan penerimaan the number of receiving and giving gratification

dan pemberian gratifikasi sebanyak 87 kasus. reports were 87 cases. The report of gratification
Pemberian dan penerimaan gratifikasi tersebut cases have been acknowledged and approved by
telah diketahui dan disetujui oleh atasan masing- each superior. Ethics and GCG Committee may
masing. Komite Etika dan GCG setiap saat dapat conduct oversight at any time over GCG Compliance
melakukan pengawasan terhadap pelaksanaan implementation.
GCG Compliance tersebut.
• Penanganan pengaduan • Complaint handling

Selama tahun 2014, jumlah pengaduan yang During 2014, the number of complaints sent via
melalui email kepada Komite Etika & GCG sebanyak email to the Ethics and GCG Committee was 3
3 pengaduan. Atas pengaduan tersebut sudah complaints. The complaints have been followed up
ditindaklanjuti oleh fungsi terkait. by relevant function.

SEKRETARIS PERUSAHAAN
Corporate Secretary
Sekretaris Perusahaan berperan penting sebagai Corporate Secretary plays an important role as
anggota penghubung antara Pemegang a liaison officer between the Shareholders, the
Saham, Dewan Komisaris, Direksi dan pemangku Board of Commissioners, Board of Directors and
kepentingan. Sekretaris Perusahaan juga bertindak stakeholders. Corporate Secretary also acts as
sebagai sumber informasi dan senantiasa the source of information and constantly improve
meningkatkan hubungan komunikasi internal dan internal and external communication relations
eksternal terkait dengan kegiatan usaha Pertamina regarding business activities of Pertamina EP.
EP.
Sekretaris Perusahaan dijabat oleh Vice President Corporate Secretary is held by Vice President (VP)
(VP) Legal & Relations, dan secara struktural berada Legal & Relations and structurally under President
di bawah Presiden Direktur. Kegiatan Sekretaris Director. Corporate Secretary’s activities are
Perusahaan terbagi dalam tiga kelompok utama, divided into three main groups, namely legal aspect
yakni pengelolaan aspek hukum, hubungan dengan management, stakeholder relations, and security.
pemangku kepentingan, dan keamanan.
Dalam melaksanakan tugas-tugasnya, Sekretaris In carrying out his duties, Corporate Secretary is
Perusahaan dibantu dan membawahi empat assisted by and oversees four managers, namely:
manajer, yakni: 1. Legal Manager: Teguh Pambudi
1. Legal Manager: Teguh Pambudi 2. Public Relations Manager: Muhammad Baron
2. Public Relations Manager: Muhammad Baron 3. Formalities Manager: Agustinus
3. Formalities Manager: Agustinus 4. Government Relations Manager: Indra Priatna
4. Government Relations Manager: Indra Priatna
D. YODI PRIATNA
Sekretaris Perusahaan
Corporate Secretary
Sejak 1991 dan bergabung di Pertamina EP tahun He started his career in PT Pertamina (Persero) in
2014, menjabat sebagai VP Legal & Relation. 1991 and joined Pertamina EP in 2014, serving as VP
Legal & Relation.
Memperoleh gelar Sarjana Hukum Perdata dari
Universitas Padjadjaran dan Master Hukum dari He earned a Bachelor of Civil Law from Padjadjaran
Universitas Gadjah Mada. University and Master of Law from Gadjah Mada
University.
Menempati berbagai posisi kunci di PT Pertamina
(Persero). Sebelumnya, menjabat sebagai VP Legal He held various key positions at PT Pertamina
Counsel Upstream & Gas di PT Pertamina (Persero). (Persero). He previously served as VP Legal Counsel
Upstream & Gas at PT Pertamina (Persero).
TUGAS DAN TANGGUNG JAWAB SEKRETARIS DUTIES AND RESPONSIBILITIES OF CORPORATE

PERUSAHAAN SECRETARY
1. Bertindak sebagai anggota penghubung 1. Act as a liaison officer by facilitating and
(liaison officer), dengan cara memfasilitasi organizing transparent and effective
dan mengatur tata cara komunikasi yang communication procedures between
transparan dan efektif di antara Pemegang shareholders, the Board of Commissioners, the
Saham, Dewan Komisaris, Direksi dan Board of Directors and other stakeholders as
pemangku kepentingan sebagai berikut: follows:
a. Melakukan tinjauan terhadap konsistensi a.
Conduct a review of the consistency
kebijakan yang dikeluarkan oleh of the policies issued by the Board of
Dewan Komisaris dan Direksi, serta Commissioners and the Board of Directors,
mengkoordinasikannya dengan fungsi- as well as coordinate the functions regarding
fungsi terkait tentang kebijakan tersebut; the policies;
b. Mempunyai program pengenalan dan b.
Have an introduction program and can
dapat mengkoordinasikan keseluruhan coordinate the entire process of introduction
proses pengenalan dan pelantikan anggota and inauguration for new members of the
Dewan Komisaris baru, anggota Direksi baru Board Of Commissioners, Board Of Directors
dan anggota komite baru; and Committees;

c. Memastikan semua informasi mengenai c. Ensure that all information on the activities
kegiatan usaha Pertamina EP, berjalan of PT Pertamina EP, is delivered effectively,
efektif, efisien, akurat dan dapat efficiently, accurately and accountable as
dipertanggungjawabkan sebagai bahan information material to shareholders and
informasi kepada pemegang saham dan stakeholders;
pemangku kepentingan; d. Ensure consistency of all policies issued by
d. Memastikan konsistensi semua kebijakan the Company.
yang dikeluarkan oleh Perusahaan.
2. Bertindak sebagai sumber infomasi utama
atas semua informasi terkait dengan kegiatan 2.
Act as the main source of information for all
usaha Pertamina EP, baik di dalam Perusahaan information on business activities of PT Pertamina
dan afiliasinya serta institusi eksternal, di EP, both within the Company and its affiliates, as
antaranya: well as external institutions, including:
a. Memelihara dan melakukan update informasi a. Maintain and update information about PT
tentang Pertamina EP yang disampaikan Pertamina EP presented to the Stakeholders,
kepada pemangku kepentingan, baik dalam both in print and electronic media;
media cetak maupun media elektronik; b. Ensure documents of PT Pertamina EP have
b. Memastikan dokumen-dokumen Pertamina been registered and all copies are properly
EP sudah terdaftar dan semua salinannya controlled and organized;
terkontrol dan teradministrasi dengan baik; c. Conduct dissemination and supervision of the
c. Melakukan sosialisasi dan pengawasan use of corporate identity.
pemanfaatan pedoman identitas Perusa-
haan.
3. Membantu Direksi dalam mempersiapkan
penyelenggaraan RUPS, di antaranya: 3.
Assist Board of Directors in preparing GMS,
a. Menyusun agenda RUPS; including:
b.
Menghubungi dan mengundang Dewan a. Prepare GMS agenda;

Komisaris; b. Contact and invite the Board of Commissioners.
c.
Menghimpun laporan tentang kegiatan c. Compile reports on Pertamina EP business
usaha Pertamina EP untuk dimasukkan activities to be included in the Annual Report
dalam Laporan Tahunan dan laporan and other reports to be discussed in the GMS.
lainnya yang akan dibahas dalam RUPS d. Prepare, manage and store GMS minutes of
d.
Menyiapkan, mengelola dan menyimpan meeting documents;
dokumen risalah RUPS; e. Prepare, manage, store and utilize Corporate
e.
Menyiapkan, mengelola, menyimpan dan documents, including but not limited to list
mendayagunakan dokumen Perusahaan, of shareholders, special list and minutes of
termasuk tetapi tidak terbatas pada daftar meeting of Board of Directors meetings and the
pemegang saham, daftar khusus dan risalah GMS.
rapat Direksi maupun RUPS.
REALISASI TARGET KINERJA SEKRETARIS REALIZATION OF CORPORATE SECRETARY

PERUSAHAAN 2014 PERFORMANCE TARGET 2014
Selama tahun 2014, Sekretaris Perusahaan dengan During 2014, the Corporate Secretary assisted by
dibantu empat manajer telah melaksanakan four managers have performed a variety of tasks,
berbagai tugas, meliputi: including:
1. Percepatan perijinan Kehutanan (150 hari kerja) 1. Acceleration of forestry licensing process (150
2. Pengadaan Lahan Sesuai RK Pemboran working days)
3. Penyelesaian Perjanjian/Amandemen PJBG KSO, 2. Land Acquisition According to Drilling Work Plan
Sumur Tua, Sharing Facility Agreement 3. Completion of Agreement/Amendment of KSO
4. Program CSR di Area Operasi Gas Sale Purchase Agreement,
5. Program komitmen lingkungan 4. CSR Program in areas of operations
6. Terlaksananya kegiatan BOD sesuai dengan 5. Environmental commitment program
Board Manual 6. Implementation of BOD activities in accordance
7. Menyelesaikan gangguan sosial di area operasi with the Board Manual
7. Resolution of social disturbance in areas of
operation

PENGHINDARAN BENTURAN KEPENTINGAN

Avoidance of Conflict of Interest
PENGHINDARAN BENTURAN KEPENTINGAN AVOIDANCE OF CONFLICT OF INTEREST

Komitmen Pertamina EP dalam melaksanakan Pertamina EP’s commitment in implementing good
prinsip-prinsip tata kelola perusahaan yang baik corporate governance principles is also realized
juga diwujudkan melalui penghindaran benturan through the avoidance of conflicts of interest. By
kepentingan. Hingga akhir periode pelaporan, the end of the reporting period, no members of
dipastikan tidak ada Dewan Komisaris, Direksi the Board of Commissioners, Directors and other
maupun pejabat tata kelola lain di lingkungan governance officers within the Company were faced
Perusahaan yang dihadapkan pada terjadinya with a conflict of interest. This included material
benturan kepentingan. Termasuk dalam hal transactions.
transaksi material.
PERNYATAAN TAK BERBENTURAN NON-CONFLICT OF INTEREST STATEMENT [G4-41]

KEPENTINGAN [G4-41]
Pada setiap awal tahun, Dewan Komisaris dan At the beginning of each year, the Board of
Direksi menandatangani Pernyataan Tidak Commissioners and Board of Directors signed a
Berbenturan Kepentingan. Pernyataan memberikan Non-conflict of interest Statement. The statement
jaminan bahwa Dewan Komisaris dan Direksi akan provides assurance that the Board of Commissioners
tunduk kepada seluruh peraturan Perusahaan and Board of Directors shall be subject to all the
dan peraturan yang berlaku secara umum, serta Company's rules and regulations in general, as well
menyatakan bahwa mereka tidak mempunyai as stating that they have no conflict of interest with
benturan kepentingan terhadap Pertamina EP. PT Pertamina EP.
Beberapa komitmen Dewan Komisaris atas Board of Commissioners’ commitments on conflict

benturan kepentingan. of interest
• Setiap anggota Dewan Komisaris dilarang • Each member of the Board of Commissioners
melakukan transaksi yang mempunyai benturan is prohibited from making any transactions that
kepentingan serta keuntungan pribadi dari have a conflict of interest and take personal
kegiatan Perusahaan selain honorarium dan gain from the Company’s activities other than
fasilitas yang diterimanya sebagai anggota honorarium and facilities received as member
Dewan Komisaris dan Direksi yang ditentukan of the Board of Commissioners as specified by
RUPS. the GMS.
• Para anggota Dewan Komisaris tidak boleh • Members of the Board of Commissioners shall
merangkap jabatan lain sebagai Anggota not hold concurrent position as members of
Direksi pada Badan Usaha Milik Daerah (BUMD), the Board of Directors at the Regional Owned
Badan Usaha Milik Swasta (BUMS), dan jabatan Enterprises (BUMD), Private Owned Enterprises
lainnya yang dapat menimbulkan benturan (BUMS) and other positions that may cause a
kepentingan secara langsung atau tidak conflict of interest directly or indirectly with the
langsung dengan Perusahaan yang diawasinya. Company under their supervision.
Beberapa komitmen Direksi atas benturan Board of Directors’ commitments on conflict of

kepentingan. interest
• Setiap anggota Direksi dilarang melakukan • Each member of the Board of Directors are
transaksi yang mempunyai benturan prohibited from making any transactions that
kepentingan dan mengambil keuntungan have a conflict of interest and take personal
pribadi dari kegiatan Perusahaan, selain gaji gain from the Company’s activities other than
dan fasiitas yang diterimanya sebagai anggota salary and facilities received as member of the
Direksi yang ditentukan oleh RUPS. Board of Commissioners as specified by the
• Apabila terjadi benturan kepentingan antara GMS.
kepentingan Perusahaan dengan kepentingan • In the event of a conflict of interest between
salah seorang anggota Direksi, maka dengan the interests of the Company and the interests
persetujuan Dewan Komisaris, Perusahaan of a member of the Board of Directors, with the
akan diwakili oleh anggota Direksi lainnya. approval of the Board of Commissioners, the
Company will be represented by other member
of the Board of Directors.

• Anggota Direksi dilarang memangku jabatan • Board of Directors’ members are prohibited
rangkap sebagai Anggota Direksi pada BUMN, from holding concurrent position as Members
BUMD, BUMS dan jabatan lain yang dapat of the Board of Directors of SOEs, BUMD, BUMS
menimbulkan benturan kepentingan, jabatan and other positions that may cause a conflict of
struktural dan fungsional lainnya pada instansi interest, structural and functional positions in the
/ lembaga Pemerintah Pusat dan atau Daerah, institution/agency of the central and regional
jabatan lainnya sesuai dengan Peraturan governments, other position in accordance with
Perundang-Undangan. laws and regulations.
• Anggota Direksi dilarang menggunakan • Boards of Directors’ members are prohibited
informasi rahasia dan data bisnis Perusahaan, from using confidential information and business
untuk kepentingan pribadi atau dengan cara data of the Company for personal interests or in
yang merugikan Perusahaan. a manner of harming the Company interests.
• Dalam hal terjadi benturan kepentingan yang • In the event of a conflict of interest involving
menyangkut semua anggota Direksi maka all members of the Board of Directors, the
Perusahaan, akan diwakili oleh Dewan Komisaris Company will be represented by the Board of
atau oleh salah seorang yang ditunjuk oleh Commissioners or by one who is appointed
Dewan Komisaris. Apabila tidak ada Dewan by the Board of Commissioners. If none of the
Komisaris, maka RUPS dapat mengangkat Board of Commissioners, the GMS may appoint
seorang atau lebih untuk mewakili Perusahaan. one or more to represent the Company.

TRANSAKSI MENGANDUNG BENTURAN TRANSACTIONS CONTAINING CONFLICT OF
KEPENTINGAN INTEREST
Melalui penerapan tata kelola termasuk Through the application of corporate governance,
pelaksanaan sistem pengendalian internal, including the implementation of the internal control
Perusahaan memastikan selama tahun 2014 tidak system, the Company ensured that during 2014
terjadi transaksi yang patut diduga mengandung there were no transactions reasonably suspected to
benturan kepentingan. contain a conflict of interest.
Nama dan Posisi

Nama dan Posisi Pejabat dengan Nilai Transaksi
Pejabat Pembuat
Benturan Kepentingan Jenis Transaksi (IDR Juta (IDR Juta) Catatan
Keputusan
Name and Position of Officer with Type of Transaction Transaction Value Note
Name and Position of
Conflict of Interest (Millions IDR)
Decision Maker Officer
Nihil Nil Nihil Nil Nihil Nil Nihil Nil Nihil Nil

SISTEM PENGENDALIAN INTERNAL DAN AUDIT INTERNAL

Internal Control System and Internal Audit
SISTEM PENGENDALIAN INTERNAL

Internal Control System
Untuk mencapai visinya menjadi Pertamina EP Kelas To achieve its vision of becoming Pertamina EP World
Dunia (Pertamina EP World Class), Pertamina EP Class, Pertamina EP focuses the goals and targets of
memfokuskan tujuan dan sasaran kegiatan dalam activities on three points, namely:
tiga poin, yaitu :
• Operations: melaksanakan kegiatan operasi yang •
Operations: conduct operations effectively and
efektif dan efisien dengan memanfaatkan sumber efficiently by utilizing its resources to achieve the
daya yang telah dimiliki untuk mencapai target company’s production target.
produksi perusahaan.
• Reporting: membuat dan menyajikan laporan yang • Reporting: prepare and present reliable,
handal, transparan, dan dapat dipertanggung transparent, and accountable reports, in this case
jawabkan, dalam hal ini adalah laporan keuangan. is the financial statements.
• Compliance: melaksanakan bisnis Pertamina EP • Compliance: conduct PT Pertamina EP’s business in
sesuai dengan peraturan dan hukum yang berlaku. accordance with applicable laws and regulations.
Untuk memastikan ketiga poin diatas dapat To ensure these three points can be achieved, PT
tercapai, Pertamina EP telah mengembangkan Pertamina EP has developed an internal control
sistem pengendalian internal (SPI) sebagai system (SPI) as a mechanism for continuous
mekanisme proses pengawasan berkesinambungan supervisory process at all functional levels in
pada semua tingkatan fungsional sesuai struktur accordance with organizational structure of the
organisasi Perusahaan. SPI merupakan suatu Company. SPI is a system applied for maintaining
sistem yang diselenggarakan untuk menjaga serta and directing the company’s operations to be
mengarahkan jalannya perusahaan agar sesuai aligned with the Company's goals and programs,
dengan tujuan dan program Perusahaan, dan and to promote efficiency and compliance with
mendorong efisiensi serta dipatuhinya kebijakan management policies.
manajemen.
SPI dikembangkan Perusahaan dengan berbasis SPI was developed by the Company based on the
pada COSO Framework, yang terdiri dari 5 COSO Framework, which consists of 5 interconnected
komponen yang saling berkaitan dan terintegrasi and integrated components as well as serves as
serta berfungsi sebagai kriteria untuk menentukan criteria for determining whether corporate risk
apakah manajemen risiko korporat telah berjalan management has run effectively, namely:
efektif: 1. Environmental Control;
1. Lingkungan Pengendalian; 2.Risk Assessment;
2. Penilaian Risiko; 3. Control Activity;
3. Aktivitas Pengendalian; 4. Information and Communication;
4. Informasi dan Komunikasi; 5. Monitoring Activity.
5. Kegiatan Pemantauan.
Lingkungan Pengendalian Environmental Control

Lingkungan pengendalian dilaksanakan melalui Environmental control is implemented through a set
seperangkat kebijakan, peraturan dan tata kerja of policies, rules and working procedures that are
yang tersusun dalam tata kerja operasi, yang arranged in the operating procedures, which include
termasuk di antaranya penerapan Kode Etik, dan the application of the Ethics Code, and Internal
pengendalian internal atas proses pelaporan Control of Financial Reporting.
keuangan (Internal Control of Financial Reporting).
Penilaian Risiko Risk Assessment

Penilaian risiko dilaksanakan dengan Risk assessment is carried out by identifying high
mengidentifikasi proses bisnis yang memiliki risiko risk business processes, to be mitigated through
tinggi, untuk kemudian dilakukan mitigasi melalui adequate process and procedures, so that the risk
proses serta prosedur memadai, sehingga risiko will not hamper the achievement of the Company’s
dimaksud tidak menghambat pencapaian tujuan goal.
Perusahaan.

Aktivitas Pengendalian Controlling
Aktivitas pengendalian dilaksanakan melalui Controlling is conducted through policies and
kebijakan dan prosedur yang sebagian procedures that are partly automated in a
diotomatisasi dalam sistem terkomputerisasi. computerized system. The assessment of internal
Pengujian pengendalian internal dilakukan oeh control is carried out by internal audit, external audit
audit internal, audit eksternal dan Badan Pemeriksa and Supreme Audit Agency.
Keuangan.
Informasi dan Komunikasi Perusahaan Company Information and Communications

Evaluasi atas pengendalian Perusahaan Evaluation of the Company control is informed
diinformasikan serta dikomunikasikan oleh auditor and communicated by the external auditors and
eksternal dan auditor internal dalam laporan yang internal auditors in a report submitted to the Board
disampaikan kepada Direksi dan Dewan Komisaris. of Directors and Board of Commissioners. Through
Melalui pelaksanaan pertemuan berkala sebagai periodic meetings as coordination between Board
koordinasi Direksi dan Dewan Komisaris, maka of Directors and Board of Commissioners, each
masing-masing pihak saling mengkomunikasikan party mutually communicates essential information
informasi yang dibutuhkan terkait pelaporan regarding financial reporting.
keuangan. The Company also has provided a communication
Perusahaan juga telah menyediakan saluran channel for receiving input/comments/essential

komunikasi untuk menerima masukan/komentar/ information related to the internal control
informasi penting terkait efektivitas pengendalian effectiveness through the whistleblowing system
internal melalui program whistleblowing system (WBS).
(WBS).
Kegiatan Pemantauan Monitoring

Pemantauan dilaksanakan setiap waktu melalui Monitoring is carried out at any time through the
tindak lanjut atas hasil audit internal, eksternal follow-up on the internal and external audit findings,
maupun masukan dari pemangku kepentingan as well as input from other stakeholders through
lainnya melalui program WBS. Komite Audit WBS. The Audit Committee ensures the execution
memastikan pelaksanaan tindak lanjut atas hasil of follow-up on audit findings and other inputs from
audit maupun masukan lain dari program WBS. WBS program.
INTERNAL AUDIT
Internal Audit
STRUKTUR DAN KEDUDUKAN INTERNAL AUDIT INTERNAL AUDIT STRUCTURE AND POSITION
Secara struktural Internal Audit berada di bawah Internal Audit unit is structurally under President
Presiden Direktur, dan dibentuk dengan tujuan Director, and was formed with the purpose of
membantu Direksi serta jajaran manajemen guna assisting the Board of Directors and management in
memberikan nilai tambah bagi peningkatan order to provide added value for the improvement of
kegiatan operasi Perusahaan. the Company’s operations.
Internal Audit berfungsi melakukan pengawasan/ The Internal Audit function conducts supervision/
audit keuangan maupun pelaksanaan operasional, audit on financial and operational performance,
serta memastikan Laporan Keuangan Konsolidasian as well as ensures the Consolidated Financial
disusun dalam suatu sistem manajemen risiko yang Statements are prepared in a sound risk
sehat, memenuhi aturan dan pengendalian internal management system, comply with the rules and
Perusahaan serta dilaksanakan sesuai dengan internal control of the Company, as well as are
kebijakan dan peraturan perundang-undangan implemented in accordance with the applicable
yang berlaku. policies and regulations.

PENGANGKATAN DAN PEMBERHENTIAN VP APPOINTMENT AND DISCHARGE OF INTERNAL

INTERNAL AUDIT AUDIT CHAIRMAN
Sesuai dengan Peraturan Menteri Negara BUMN In accordance with the Minister of State-owned
Nomor : PER-01/MBU/2011 tanggal 1 Agustus 2011, Enterprises Regulation Number PER-01/MBU/2011
Pimpinan Internal Audit diangkat dan diberhentikan dated August 1, 2011, Internal Audit Chairman is
oleh Direktur Utama dengan persetujuan Dewan appointed and discharged by President Director
Komisaris. Hingga akhir tahun 2014, Fungsi Internal with the approval of the Board of Commissioners.
Audit dipimpin oleh Firdaus Bambang Saputra. By the end of 2014, the Internal Audit function was
headed by Firdaus Bambang Saputra.
VICE PRESIDENT
INTERNAL AUDIT
SECRETARY VP
CORPORATE AND CENTRAL SENIOR PLANNING

WEST AREA MANAGER EAST AREA MANAGER
AREA MANAGER & EVALUATION ANALYST
PLANNING
SENIOR AUDITOR SENIOR AUDITOR SENIOR AUDITOR
& EVALUATION ANALYST
AUDITOR AUDITOR AUDITOR
AUDITOR AUDITOR AUDITOR
FIRDAUS BAMBANG SAPUTRA

VP. Internal Audit VP Internal Audit
Bergabung dengan Pertamina EP sejak Mei 2013 Joining PT Pertamina EP since May 2013 and has
dan menjadi pekerja PT Pertamina (Persero) sejak become employee of PT Pertamina (Persero) since
tahun 1993. Selama kurun waktu tersebut, Firdaus 1993. During this period, Firdaus Bambang Saputra
Bambang Saputra menduduki posisi kunci: occupying key positions:
• Manajer Audit Bidang Pemasaran & Niaga PT • Audit Manager of Marketing & Trade at PT
Pertamina (Persero) (2009-2010) Pertamina (Persero) (2009-2010)
• Manajer Business Group M&T Internal Audit PT • Business Group Manager of M&T Internal Audit at
Pertamina (Persero) (2011-2012) PT Pertamina (Persero) (2011-2012)
• VP Investigation Audit PT Pertamina (Persero) • VP of Audit Investigation at PT Pertamina (Persero)
(2012- April 2013) (2012 - April 2013)
• VP Internal Audit Pertamina EP (Mei • VP Internal Audit of PT Pertamina EP (May 2013 -
2013-sekarang) present).
KEANGGOTAAN INTERNAL AUDIT INTERNAL AUDIT MEMBERSHIP

Dalam menjalankan tugas dan tanggung jawabnya, In carrying out its duties and responsibilities, VP
VP Internal Audit dibantu oleh anggota sebanyak Internal Audit is assisted by 19 members. Internal
19 personel. Internal Audit bertindak independen Audit acts independently and objectively in providing
dan objektif dalam memberikan saran/rekomendasi advice/recommendations for the Company’s value
untuk peningkatan nilai dan perbaikan kinerja and operating performance improvement.
operasi Perusahaan.
Independensi Internal Audit dijamin oleh Piagam The Internal Audit independence is guaranteed by
Internal Audit, yang antara lain menjelaskan the Internal Audit Charter, which explains, among
mengenai struktur dan kedudukan, persyaratan dan others, the structure and position, requirements and
kewajiban, tugas dan tanggung jawab, wewenang obligations, duties and responsibilities, authority of
hubungan dengan pihak lain maupun kode etik relations with other parties and the code of conduct
yang harus dipatuhi. that must be complied.
Piagam Internal Audit yang kini berlaku telah The current Internal Audit Charter was approved
disahkan dan ditandatangani Presiden Direktur dan and signed by the President Director and Chairman
Ketua Komite Audit, pada 24 Januari 2014 of Audit Committee on January 24, 2014.

TUGAS DAN TANGGUNG JAWAB INTERNAL DUTIES AND RESPONSIBILITIES OF INTERNAL
AUDIT AUDIT
1. Mengidentifikasi dan mengevaluasi risiko 1.
Identify and evaluate significant risks and
signifikan dan memberikan kontribusi terhadap contribute to the improvement of risk
peningkatan pengelolaan risiko dan sistem management and internal control system.
pengendalian internal.
2. Membantu organisasi dalam memelihara 2. Assist the organization in maintaining effective
pengendalian internal yang efektif dengan internal control by evaluating the adequacy,
cara mengevaluasi kecukupan, efisiensi efficiency and effectiveness of internal control,
dan efektivitas pengendalian tersebut, serta as well as promote continuous improvement of
mendorong peningkatan pengendalian internal control.
internal secara berkesinambungan.
3. Memastikan sasaran dan tujuan program serta 3. Ensure that the goals and objectives of the
kegiatan operasi telah ditetapkan dan sejalan program as well as operational activities that
dengan sasaran dan tujuan Perusahaan. have been established in line with the goals and
4. Me-review kegiatan operasi dan program objectives of the Company.
untuk memastikan hasil-hasil yang diperoleh 4. Review the operations and programs to ensure
konsisten dengan tujuan dan sasaran yang the results are consistent with the goals and
telah ditetapkan. objectives that have been established.
5. Menilai dan memberikan rekomendasi yang 5. Assess and provide appropriate
sesuai untuk meningkatkan proses tata kelola recommendations to improve governance
dalam mencapai tujuan-tujuan berikut process in achieving the following objectives:
- Mengembangkan etika dan nilai-nilai yang - Develop adequate ethics and values within the
memadai di dalam organisasi; organization;
- Memastikan pengelolaan kinerja organisasi - Ensure effective and accountable
yang efektif dan akuntabilitas; organizational performance management;
- Secara efektif mengkomunikasikan risiko dan - Effectively communicate risk and control to
pengendalian kepada unit-unit yang tepat di appropriate units within the organization;
dalam organisasi; - Effectively coordinate the activities and

- Secara efektif mengkoordinasikan kegiatan communicate information between the Board
dari, dan mengkomunikasikan informasi di of Directors, the Board of Commissioners,
antara Direksi, Dewan Komisaris, auditor internal and external auditors and
internal dan eksternal serta manajemen. management.
6. Mengevaluasi rancangan, implementasi dan 6. Evaluate the design, implementation and
efektivitas dari kegiatan program dan sasaran effectiveness of the organization’s program
organisasi yang berhubungan dengan etika activities and goals related to the organization’s
organisasi. ethics.
7. Menyusun dan menjaga sistem untuk 7. Develop and maintain a system to monitor
memantau tindak lanjut hasil penugasan yang follow-up of assignment results which has been
telah dikomunikasikan kepada manajemen. communicated to the management.
8. Melakukan review secara berkala atas program 8. Conduct periodic review on quality assurance
jaminan kualitas dan peningkatan fungsi program and internal audit function overall
Internal Audit secara keseluruhan untuk menilai: improvement to assess:
- Kepatuhan terhadap charter Internal Audit; - Compliance with the Internal Audit Charter;
- Kepatuhan terhadap standar; - Compliance with standards;
- Kepatuhan terhadap kode etik; - Compliance with the code of conduct;
-Efisiensi dan efektivitas dari fungsi Internal - Efficiency and effectiveness of the Internal
Audit dalam memenuhi kebutuhan para Audit function in meeting stakeholders’ needs;
stakeholder; - Assessment by independent assessor
-Assesment yang dilakukan oleh Assessor performed at least once within 5 (five) years.
Independen yang dilakukan sekurang-
kurangnya sekali dalam lima tahun.
KINERJA AUDIT INTERNAL DAN PELAPORAN [G4-SO3] INTERNAL AUDIT PERFORMANCE [G4-SO3]
Dalam tahun 2014 Internal Audit menyelesaikan In 2014 the Internal Audit completed the following
penugasan meliputi: assignments:
1. Aktivitas audit 32 kali serta satu kali asesmen. 1. A total of 32 audit activities and one assessment.
2. Menyelesaikan permintaan 23 jasa konsultasi dan 2. Complete the request of 23 consulting services
melaksanakan pemantauan atas tindak lanjut and monitoring of completion follow-up on
penyelesaian hasil aktivitas audit internal dan internal and external audit results.
eksternal.

Berdasarkan hasil audit pada tahun 2014 Based on the audit results in 2014 there were 314
terdapat 314 temuan dengan nilai Rp44,05 findings valued IDR44.05 billion and USD69.13
miliar. Dan USD69,13 juta atau keseluruhan million or total equivalent of USD72.67 million.
setara USD72,67 juta (kurs tengah 31 Des 2014), (middle rate December 31, 2014), which indicated
yang mengindikasikan kelemahan dalam hal a weakness in planning, procedures, monitoring,
perencanaan, prosedur, pengawasan, pencatatan/ recording/reporting and personnel supervision.
pelaporan dan pembinaan personil. Dari temuan Of these findings, as many as 281 findings have
tersebut, telah ditindaklanjuti sebanyak 281 temuan been followed up with value of IDR43.56 billion and
dengan nilai Rp43,56 miliar dan USD48,08 juta. USD48.08 million. [G4-SO3] [G4-SO5]
[G4-SO3] [G4-SO5]
PELAKSANAAN INTERNAL AUDIT TAHUN 2014 [G4-SO3]

Implementation of Internal Audit 2014
Jumlah Obyek Penugasan

No. Penugasan Assignment Keterangan Description
Total Assignment Objects
Audit Audit
Meliputi 8 audit atas aktivitas internal Perusahaan
Audit Operasional dan audit atas 14 Mitra (KSO/TAC)
22
Operational Audit Covering 8 audits on the Company’s internal activities and
1 audit on 14 Pertners (KSO/TAC)
Audit Terminasi Termination
3
Audit
Audit Khusus
3
Special Audit
2 Konsultasi Consulting 23
Internal Control over Financial Reporting (ICoFR)
2013 dan 2014
3 Asesmen Assessment 1
Internal Control over Financial Reporting (ICoFR) 2013
and 2014
Laporan Hasil Audit disampaikan langsung kepada Audit Report is submitted directly to the President
Presiden Direktur dan pihak yang diaudit (auditee), Director and the auditee, complemented with a
dilengkapi dengan rencana tindak lanjut dan batas follow-up plan and the deadline for closing of
waktu closing temuan. Kemajuan tindakan perbaikan findings. Progress of corrective actions is reported
dilaporkan kepada Presiden Direktur secara berkala regularly to the President Director to ensure the
untuk memastikan hasil audit ditindak lanjuti sesuai audit results are followed up in accordance with the
dengan kesepakatan. agreement.
Laporan aktivitas Internal Audit dibuat setiap bulan Internal Audit activity report is made every month
dan disampaikan kepada Presiden Direktur sebagai and submitted to the President Director as a form of
bentuk pertanggungjawaban hasil aktivitas dari accountability on activity results of the Internal Audit.
Internal Audit. Penyampaian Laporan aktivitas The Internal Audit Activity Report is also submitted to
Internal Audit juga disampaikan kepada Komite the Audit Committee periodically.
Audit secara periodik.
KUALIFIKASI DAN SERTIFIKASI PROFESI AUDIT AUDIT QUALIFICATION AND PROFESSIONAL

Pengembangan Internal Audit dilakukan oleh CERTIFICATION
Perusahaan dengan cara mewajibkan setiap Internal Audit Development is conducted by the
auditor minimum memiliki sertifikasi profesi Company through the requirement for each auditor
audit bertaraf nasional seperti Qualified Internal to have the minimum national audit professional
Auditor, mendorong auditor untuk mengambil certification as Qualified Internal Auditor, encourage
sertifikasi profesi audit bertaraf internasional auditors to take international audit professional
seperti Certified Internal Auditor & Certified certification as a Certified Internal Auditor &
Fraud Examiner, mengikutsertakan personil Audit Certified Fraud Examiner, participation of Internal
Internal pada pelatihan, seminar, workshop yang Audit personnel in training, seminars, workshops
relevan dengan tugas-tugasnya untuk mendapat that are relevant to their duties to obtain information
informasi mengenai isu-isu terkini, meningkatkan on current issues, as well as enhance the auditors’
pengetahuan dan kompetensi auditor. knowledge and competencies.

PENGEMBANGAN KUALITAS AUDIT AUDIT QUALITY DEVELOPMENT
Mengingat fungsi, tugas dan kewenangannya yang Given its strategic function, duties and authorities,
strategis, Perusahaan mendorong pengembangan the Company encourages the development of
kualitas audit, dengan melaksanakan beberapa audit quality by conducting several strategic plans,
rencana strategis, meliputi: including:
1. Peningkatan Kompetensi Personel 1. Personnel Competence Enhancement
- Perusahaan mengikutsertakan personel Audit - The Company sends Internal Audit personnel
Internal pada pelatihan dan sertifikasi serta to training and certification as well as seminars
seminar, workshop untuk mendapat informasi and workshops to get information on current
mengenai isu-isu terkini, serta meningkatkan issues, as well as enhance the auditors’
pengetahuan dan kompetensi auditor. knowledge and competencies.
- Perusahaan memberikan kesempatan - The Company provides career development
pengembangan karir bagi para personel opportunities for the Internal Audit personnel.
Internal Audit.
2. Pengembangan Sistem Audit 2. Audit System Development
Dalam rangka peningkatan kualitas dan efisiensi, In order to improve the quality and efficiency, the
fungsi Internal Audit telah merencanakan untuk Internal Audit function has planned to use the
menggunakan suatu sistem Manajemen Audit Audit Management System, which integrates the
yang disebut Audit Management System yang entire audit process from annual audit planning,
mengintegrasikan seluruh proses audit mulai individual audit planning, individual audit
dari perencanaan audit tahunan, perencanaan execution, reporting and documentation, as
audit individual, pelaksanaan audit individual, well as follow-up monitoring on the audit results.
pelaporan dan dokumentasi, serta monitoring
tindak lanjut atas hasil pelaksanaan audit.
Proses pengembangan sudah dimulai sejak The development process has begun in
bulan November 2014 dan akan segera dapat November 2014 and to be able to be immediately

digunakan pada awal tahun 2015. used at the beginning of 2015.
3. Pengembangan Proses Bisnis Internal 3.
Internal Business Process Development
Untuk meningkatkan internal bisnis proses, To improve internal business process, the Internal
Internal Audit melakukan berbagai upaya Audit makes various efforts, including:
meliputi : a. Improve Risk Based Audit application to ensure
a. Peningkatan penerapan Risk Based Audit untuk the risk management process in achieving the
memastikan bahwa implementasi proses Company’s goals have been implemented
manajemen risiko dalam pencapaian tujuan effectively.
perusahaan telah dilaksanakan secara efektif. a. Evaluate and update the Guidelines,
b.Melakukan evaluasi dan pengkinian Pedoman, Organization and Individual Working
Tata Kerja Organisasi dan Tata Kerja Individual Procedures to ensure the availability of
untuk memastikan tersedia pedoman teknis audit implementation technical guidance
pelaksanaan audit sesuai ketentuan yang according to applicable regulations and
berlaku dan target yang ditetapkan. targets that have been set.
PELATIHAN DAN SERTIFIKASI 2014 OLEH ANGGOTA INTERNAL AUDIT [G4-SO4]

Training and Certification of 2014 by Internal Audit Members
Pelatihan dan Sertifikasi Lembaga Penyelenggara Jumlah Personel

No
Organizing Institution Organizing Institution Total Personnel
1 CFE Exam Review Course ACFE 3
2 CIA Review PPA Fak. Ekonomi UI 1

PPA of Faculty of Economics, University of
Indonesia
3 CISA Review BINUS 1
4 Basic HSE Training Cluster Office PT Pertamina EP 12
5 Enterprise Risk Management Angkatan I – 2014 PLC - Pertamina (Persero) 1
6 ERMA Certification ERM Academy 1
7 Risk Assessment for Production and Operation in Oil & Gas XP Training 2
Industries
8 SAP Training PT Pertamina EP 7
9 Seminar TPK & TPPU dan Hukum Korporasi bagi Direksi PSIK 1
dan Komisaris BUMN
Seminar on Corruption & Money Laundering Crime and
Corporate Laws for BOD and BOC of SOEs

10 Seminar Nasional Internal Audit (SNIA 2014) YPIA 3

National Seminar on Internal Audit (SNIA 2014)
11 Seminar FKSPI 'Combined Assurance dalam Menjamin FKSPI 3
Corporate Sustainability'
FSKPI Seminar on 'Combined Assurance in Ensuring
Corporate Sustainability'
12 National Anti Fraud Conference 2014 ACFE 1
13 ACIIA Conference 2014 Institute of Internal Auditor Indonesia 2
14 Drilling Essentials for Non-Technical Profesional and New XP Training 1

Engineers
15 Fundamental RBA Angkatan III – 2014 PLC - Pertamina (Persero) 2
Fundamental RBA Batch III - 2014
16 Panggilan Peserta Pelatihan TOT VBDP Modul F-28 Plus PLC - Pertamina (Persero) 1
M-30 Batch 1-2014
17 Sertifikasi PTK 007 Koperasi Bina Metro Mandiri SKK Migas 2
PTK 007 Certification
18 Becoming Effective Secretary Batch II PT Pertamina EP 1
19 Advanced Business Report Writing With Im Methods (Best Indocita 1

Practice In Managing Information And Documents”
20 POD WP&B FQR and AFE XP Training 1
21 Pelatihan Petroleum Engineering for Non Engineer PT Pertamina EP Fungsi HR

Petroleum Engineering Training for Non Engineer PT Pertamina EP HR Function
22 Upskilling GCG Champion Angkatan III 2014 PLC - Pertamina (Persero) 1
Upskilling GCG Champion Batch III 2014
23 Assessment Strategy Leadership Ass. Survey – Hulu PLC - Pertamina (Persero) 1
Assessment Strategy Leadership Ass. Survey – Upstream
24 Workshop K2 Workflow Tim Pengembangan & PT Pertamina EP 1
Implementasi BPMS Pertamina EP
K2 Workflow Workshop of Pertamina EP BPMS Development
& Implementation Team
25 Workshop External Quality Assessment - Peer Review IA Persero 2
26 Workshop Business Analysis for Infill Drilling Process PT Pertamina EP 2

(Program Pengembangan & Implementasi BPMS)
Business Analysis for Infill Drilling Process Workshop (BPMS
Development & Implementation Program)
27 Pendidikan & Pelatihan Audit Intern Tingkat Lanjutan I YPIA 5
Angkatan 174
Internal Audit Education & Training Advanced Level I,
Batch 174
AUDIT EKSTERNAL
External Audit
Dalam memastikan integritas penyajian Laporan In ensuring the integrity of Financial Statements
Keuangan kepada Pemegang Saham melalui fungsi presentation to Shareholders through the internal
internal audit, Perusahaan menggunakan jasa audit function, the Company uses the services of
auditor eksternal. Kegiatan audit eksternal meliputi: external auditors. External audit activities include:
1.
Audit atas penyajian laporan keuangan oleh 1. Audit on financial statements by public accounting
kantor akuntan publik (KAP); firm (PAF);
2.
Pemeriksaan bagi hasil migas oleh Badan 2. Audit on oil & gas production sharing by the
Pemeriksa Keuangan (BPK); Supreme Audit Agency (BPK);
3.
Pemeriksaan atas perhitungan bagian negara 3. Audit on the government share calculations by
oleh Satuan Kerja Khusus Pelaksana Kegiatan Special Task Force for Upstream Oil and Gas
Usaha Hulu Minyak dan Gas Bumi (SKK Migas). Business Activities (SKK Migas);
PEMERIKSAAN KANTOR AKUNTAN PUBLIK PUBLIC ACCOUNTING FIRM (PAF) AUDIT

(KAP) [IR10] [IR10]
Untuk Laporan Keuangan Tahun 2014, PT Pertamina For the Financial Statements 2014, PT Pertamina
(Persero) telah menetapkan Kantor Akuntan Publik (Persero) has appointed Public Accounting Firm
(KAP) PricewaterhouseCoopers (PWC) sebagai (PAF) PricewaterhouseCoopers (PWC) as auditor of
auditor Perusahaan. KAP PricewaterhouseCoopers the Company. PAF PricewaterhouseCoopers (PWC)
(PWC) telah menjadi auditor laporan keuangan has become the auditor of the Company's annual
tahunan Perusahaan selama 5 periode dan telah financial statements for 5 periods and has completed

menyelesaikan tugasnya secara independen sesuai its work independently according to professional
standar profesional akuntan publik, perjanjian kerja, standards of public accountants, work contract, as
serta ruang lingkup audit yang telah ditetapkan. well as the scope of the audit that has been set. In
Selain melakukan audit terhadap Laporan addition to audit on the Financial Statements, PAF
Keuangan, KAP PricewaterhouseCoopers (PWC) PricewaterhouseCoopers (PwC) did not provide
tidak memberikan jasa konsultasi lain kepada other consulting services to the Company.
Perusahaan.
KANTOR AKUNTAN PUBLIK

Public Accouting Firm
Nama Kantor Akuntan Publik (KAP)

Periode Period
Name of Public Accouting Firm (PAF)
PricewaterhouseCoopers (PWC) Tahun 2010 hingga 2014 2010 to 2014
Penunjukan penugasan KAP sebagai The appointment of PAF assignment as the auditor for
pelaksana audit penyajian Laporan Keuangan PT Pertamina EP Financial Statements is conducted
Pertamina EP, dilakukan oleh PT Pertamina (Persero) by PT Pertamina (Persero) as the shareholder
selaku pemegang saham berdasarkan keputusan based on GMS resolution. The appointment of PAF
RUPS. Penunjukan KAP oleh PT Pertamina (Persero) by PT Pertamina (Persero) takes into account the
mempertimbangkan konsolidasi antara-induk consolidation between the parent company and all
perusahaan dan seluruh anak perusahaan. subsidiaries.
FEE AUDIT AUDIT FEE

Biaya pelaksanaan audit laporan keuangan The fee of the audit on Pertamina EP financial
Pertamina EP ditanggung oleh PT Pertamina statements is borne by PT Pertamina (Persero), which

(Persero), yaitu sebesar Rp4,15 miliar. was Rp4.15 billion.
HASIL AUDIT AUDIT RESULTS

Hasil audit atas penyajian Laporan Keuangan 2014 The result of audit on PT Pertamina EP Financial
Pertamina EP, oleh Kantor Akuntan Publik (KAP) Statements 2014 by Public Accounting Firm (PAF)
PricewaterhouseCoopers (PWC) dinyatakan Wajar PricewaterhouseCoopers (PWC) is declared
Tanpa Pengecualian. unqualified opinion.
HASIL AUDIT ATAS PENYAJIAN LAPORAN KEUANGAN

Results of Audit on Financial Statements
Tahun Buku Nama Kantor Akuntan Publik (KAP) Pernyataan Pendapat KAP
Fiscal Year Name of Public Accounting Firm (PAF) PAF Opinion
2014 Tanudiredja, Wibisana & Rekan (Partner PwC) Wajar Tanpa Pengecualian Unqualified Opinion
PEMERIKSAAN BPK BPK AUDIT

Pemeriksaan yang dilakukan BPK pada tahun 2014 The audit performed by Supreme Audit Agency (BPK)
adalah pemeriksaan dengan tujuan tertentu atas in 2014 was the audit with specific objectives on
Pendapatan, Biaya, dan Investasi pada Pertamina Revenue, Cost, and Investment in PT Pertamina EP
EP tahun 2011-2013 di Jakarta, Sumatera Selatan for the years 2011-2013 in Jakarta, South Sumatra
dan Jawa Barat. and West Java.
PEMERIKSAAN SKK MIGAS SKK MIGAS AUDIT

Pemeriksaan yang dilakukan SKK Migas pada tahun The audit performed by SKK Migas in 2014 was part
2014 adalah pemeriksaan akuntansi perhitungan of the government share calculation of Pertamina
bagian negara KKKS Migas Pertamina EP tahun EP Oil & Gas PSC in 2013. This audit included
2013. Pemeriksaan ini mencakup perhitungan the calculation of government share that has
bagian negara yang telah dilaporkan dalam FQR been reported in the FQR in 2013, including the
tahun 2013 termasuk perhitungan cost recovery dari calculation of cost recovery from own operations
operasi sendiri dan kemitraan. and partnerships.

PENGELOLAAN RISIKO [G4-14] [G4-45] [G4-46] [G4-47]

RISK MANAGEMENT
Pengelolaan risiko merupakan bagian dari Risk management is part of best practices of
penerapan praktik-praktik terbaik tata kelola corporate governance implementation. The risk
perusahaan yang dilaksanakan melalui serangkaian management is carried out through a series of efforts
upaya meminimalkan risiko kegagalan/kerugian dan to minimize the risk of default/loss and maximize the
memaksimalkan perolehan nilai/laba Perusahaan. Company’s value/profit.
PROSES PENGELOLAAN RISIKO RISK MANAGEMENT PROCESS

Proses yang ditempuh Perusahaan dalam mengelola The Company adopted the process of risk
risiko adalah dengan membangun infrastruktur management by building a comprehensive and
manajemen risiko yang komprehensif dan efektif, effective risk management infrastructure, building
membangun budaya risiko, memetakan risiko, a risk culture, risk mapping, preparing accurate risk
menyusun rencana tanggap risiko (risk response response plan and strict monitoring. Thus the level
plan) yang akurat dan melakukan pemantauan of risk can be lowered to a tolerable level, and able
secara ketat. Dengan demikian tingkat risiko dapat to create favorable opportunities that ensure the
diturunkan pada tingkatan yang dapat diterima, achievement of the shareholders’ interests as well as
dan mampu menciptakan peluang menguntungkan to meet other stakeholders’ expectations.
sehingga menjamin tercapainya kepentingan
Pemegang Saham serta memenuhi harapan
pemangku kepentingan lainnya.
Penerapan pengelolaan risiko diawali dengan Risk management application begins with the
proses: following processes:
1. Penilaian keadaan (assessment) risiko, meliputi: 1. Risk assessment, include:
a. Pendataan potensi risiko (risk register); a. Risk register;
b. Analisa risiko untuk menentukan jenis risiko; b. Risk analysis to determine the type of risk;
c. Peluang terjadinya risiko (risk probability); c. Risk probability;
d. Dampak risiko (risk impact), serta akar d.
Risk impact, as well as the root causes and
penyebab dan gejalanya. symptoms.
2.
Perancangan rencana mitigasi risiko dan 2.
Designing of risk mitigation and monitoring of
pemantauan pelaksanaan melalui sistem online implementation through the online monitoring
monitoring dan secara berkala membuat system and periodic reporting of risk response
pelaporan risk response plan secara periodik. plan. Application of risk response plan to asset
Penerapan risk response plan ke pengendali holders becomes effective, as the risk response
aset (asset holder) menjadi efektif, karena plan implementation is a part of key performance
implementasi pelaksanaan risk response plan indicators (KPI) of the function or asset holder.
menjadi bagian indikator kinerja kunci atau key
performance indicators (KPI) dari fungsi atau
pengendali aset.

PENERAPAN ERM ERM APPLICATION
Sejak tahun 2009 Perusahaan telah menerapkan Since 2009 the Company has implemented the
Pengelolaan Risiko Perusahaan atau Enterprise Enterprise Risk Management (ERM), which is a set of
Risk Management (ERM), yang merupakan procedures, systems and methodologies to identify,
serangkaian prosedur, sistem dan metodologi untuk map and measure risk, prepare mitigation plan and
mengidentifikasi, memetakan dan mengukur risiko, execute risk response, monitor the execution of risk
menyusun rencana mitigasi dan melaksanakan response continuously, as well as control the risks
respon risiko, memantau pelaksanaan respon risiko that arise.
secara berkesinambungan, serta mengendalikan
risiko yang timbul.
Secara berkesinambungan, kami konsisten On a continuous basis, we consistently make

melakukan inovasi dan pengembangan terkait innovation and development on processes,
proses, sistematika serta pemahaman (risk systematics and risk awareness regarding risk
awareness) mengenai pengelolaan risiko yang management that involves all elements of Company
melibatkan seluruh elemen Perusahaan baik para including employees, Commissioners, Directors,
pekerja, Komisaris, Direksi, maupun para pemangku as well as other stakeholders. According to ERM
kepentingan lainnya. Sesuai Peta Jalan ERM, maka Roadmap, in 2014 the Company continued to
pada tahun 2014 Perusahaan terus berikhtiar improve the discipline of all risk management
meningkatkan disiplin semua fungsi terhadap functions to build organization's risk resilience.
pengelolaan risiko untuk menumbuhkan daya tahan Thus, the risk management will gradually become a
organisasi terhadap risiko (risk resilience). Dengan habit and part of the corporate culture, which is in
demikian, secara bertahap pengelolaan risiko akan accordance with the fulfillment of good corporate
menjadi sebuah kebiasaan dan bagian dari budaya governance (GCG).
Perusahaan sehingga sesuai dengan pemenuhan
tata kelola Perusahaan (Good Corporate
Governance) yang lebih baik.
Secara berkelanjutan, inovasi dalam proses The innovation continues to be made in the ERM
penerapan ERM di Pertamina EP terus dilakukan implementation process at Pertamina EP to
untuk memberikan perbaikan pada proses, provide improvements to the process, system,
kesisteman, serta pemahaman (risk awareness) and risk awareness for employees. Pertamina EP’s
bagi para pekerja. Prestasi Pertamina EP dalam achievements in the ERM implementation has
penerapan ERM telah membuat berbagai pihak made various external parties to conduct review,
eksternal melakukan peninjauan, pengujian, assessments., as well as benchmarking.
maupun studi banding.

MILESTONE PENERAPAN MANAJEMEN RISIKO

Milestone
2014
• Fault Tree Analysis on Risk Assessment
• VaR Approach for Quantitative Risk
• New Risk Register Format
• Risk Based RKAP (2015)
2013
• Linking RM to Performance Management
• Improvement of Risk Management Online
System
• Risk Maturity Level Evaluation
2012
• Risk based Inspection
• Development of Risk Appetite & Risk
Tolerance
• Risk Based Audit
2011
• Continual Improvement of Risk Register
& Monitoring
• Risk management Award
2010
• Risk awareness to BoD and BoC of
Pertamina EP
• Updating Risk Register & Risk Monitoring
• Start CRMP Certification
• Establishing of Risk Management
Online System
2009
• Establishing an independent Risk
Management Function
• First Risk Registration

Sepanjang tahun 2014, pelaksanaan ERM Pertamina Throughout 2014, the ERM implementation at
EP telah memberikan hasil-hasil sebagai berikut: Pertamina EP has given the following results:
01
1. Infrastruktur Manajemen Risiko, yang terdiri dari: 1. Risk Management infrastructure, which consists of:
a. Risk Management Policy: a. Risk Management Policy:
• Traktat Manajemen Risiko • Risk Management Treaty
• Pedoman Manajemen Risiko • Risk Management Guidelines
b. Risk Management Procedure / Sistem Tata Kerja: b. Risk Management Procedure/Work Procedure System:
• Tata Kerja Organisasi (TKO) • Organizational Working Procedures (TKO)
• Tata Kerja Individu (TKI) • Individual Working Procedures (TKI)
• Petunjuk Teknis Pelaksanaan KPI Manajemen Risiko • Technical Guidance on Risk Management KPI
• Dokumen Risk Appetite & Risk Tolerance • Risk Appetite and Risk Tolerance Document
c. Komite Manajemen Risiko yang terdiri dari: c. Risk Management Committee consisting of:
• President Director selaku Ketua Komite • President Director, as Chairman of the Committee
• Production & Operation Director selaku Wakil • Production & Operations Director, as Deputy
Ketua Komite Chairman of the Committee
• VP Strategic Planning & Risk Management selaku • VP Strategic Planning and Risk Management as
Sekretaris Komite the Secretary of the Committee
• VP Exploration, VP Exploitation, VP HSSE, VP • VP Exploration, VP Exploitation, VP HSSE, VP
Controller & Partnership Financial, VP Legal & Controller & Partnership Financial, VP Legal &
Relation selaku Anggota Komite. Relations as Members of the Committee.
d. Formation of Risk Management Unit Team and
d. Pembentukan Tim dan Sub Tim Unit Kerja Sub Team that represent all Assets, Functions and
Manajemen Risiko yang mewakili seluruh Asset, Projects.
Fungsi dan Project. e. Risk Management Professional Certification:
e. Sertifikasi Manajemen Risiko Profesional: • Forty employees have become Certified Risk

• Certified Risk Management Professional (CRMP) Management Professional (CRMP)
dengan 40 pekerja yang sudah tersertifikasi. • Two employees have become Enterprise Risk
• Enterprise Risk Management Certified Management Certified Professional (ERMCP)
Professional (ERMCP) dengan 20 pekerja yang from the period 2011-2012.
sudah tersertifikasi. f. Online Risk Management System (web-based)
f. Sistem Manajemen Risiko Online (Web-based) for Risk Register Updating and Risk Response
untuk Updating Risk Register dan Monitoring Monitoring.
Respons Risiko.
02
2. Laporan Updating Risk dan Monitoring Mitigasi 2.
Risk Updating and Risk Mitigation Monitoring
Risiko Report
Output dari penerapan Manajemen Risiko adalah Output from the application of Risk Management
berupa Laporan Hasil Updating Risk Register is Report of Risk Register Updating Results
yang disusun setiap setahun sekali dan Laporan prepared annually and Risk Mitigation Monitoring
Monitoring Mitigasi Risiko yang dibuat per Report prepared quarterly.
triwulan.
03
3. Manajemen Risiko Proyek 3. P
roject Risk Management
Telah dilakukan proses assessment risiko proyek Project risk assessment process has been
terhadap empat proyek utama Pertamina EP conducted on four major projects, namely
yaitu Jawa Gas Development Project (JGDP), Pertamina EP Java Gas Development Project
Matindok Gas Development Project (MGDP), (JGDP), Matindok Gas Development Project
Pondok Makmur Development Project (PMDP) (MGDP), Pondok Makmur Development Project
dan Pakugajah Development Project (PGDP). (PMDP) and Pakugajah Development Project
Keempat proyek tersebut dimonitor dan termasuk (PGDP). The four projects were monitored and
dalam portofolio investasi Direktorat Hulu. included in the investment portfolio of the
Directorate of Hulu.
04
4. Pendampingan dalam Proses Pembuatan 4. A
ssistance in Contract/Agreement Drafting
Kontrak/Perjanjian Process
Aktifitas Manajemen Risiko tidak hanya mencakup Risk Management activities not only include the
implementasi ERM namun turut serta sebagai ERM implementation, but also participating as a
pendamping dalam proses penyusunan kontrak/ facilitator in the process of drafting a contract/
perjanjian sampai dengan finalisasi/inisiasi agreement until the finalization/initiation before
sebelum kontrak ditandatangani. Kontribusi the contract is signed. The risk management
manajemen risiko tersebut diharapkan dapat contribution was expected to minimize Legal
meminimalisir Legal Risk, Potential Loss maupun Risk, Potential Loss and matters relating to non-
hal-hal terkait dengan ketidakpatuhan dengan compliance with applicable regulations.
ketentuan yang berlaku.

05
5. Studi Banding (Benchmarking) Implementasi 5. Benchmarking of Risk Management
Manajemen Risiko Implementation
Pada tahun 2014 Pertamina EP mendapatkan In 2014, Pertamina EP received the mandate
mandat untuk dijadikan role model implementasi to become a role model of Risk Management
Manajemen Risiko melalui kegiatan Studi Banding implementation through Risk Management
Implementasi Manajemen Risiko. PT Askrindo Implementation Benchmarking. PT Askrindo
yang telah datang langsung ke Kantor Pusat had come directly to Pertamina EP Head Office
Pertamina EP untuk memperoleh pengetahuan to gain knowledge and experience in the Risk
dan pengalaman implementasi Manajemen Management implementation at Pertamina EP.
Risiko di Pertamina EP.
06
6. Evaluasi Kecukupan Penerapan Manajemen 6. Evaluation of Risk Management
Risiko (Maturity Level) Maturity Level
Setelah empat tahun menerapkan ERM, Pertamina After four years of implementing ERM, Pertamina
EP perlu untuk mengetahui tingkat kematangan EP needed to determine the maturity level of
manajemen risikonya. Oleh karena itu Pertamina its risk management. Therefore Pertamina EP
EP menunjuk BPKP agar dilakukan evaluasi appointed BPKP to evaluate the maturity level of
kecukupan penerapan manajemen risiko. risk management implementation.
STK PENGELOLAAN RISIKO RISK MANAGEMENT WORKING PROCEDURE SYSTEM

Pertamina EP juga memiliki sistem tata kerja (STK) Pertamina EP also has a working procedure system
pengelolaan risiko Perusahaan yang terdiri atas (STK) of the Company's risk management consists
Traktat Manajemen Risiko, Pedoman Manajemen of the Risk Management Treaty, Risk Management
Risiko dan Tata kerja Organisasi/Individu. STK Guidelines and Organization/Individual Working
manajemen risiko telah mengadopsi Framework ISO Procedures. Risk management STK has adopted
31000 Risk Management Standard. a framework of ISO 31000 on Risk Management
Standard.
KOMITE INVESTASI DAN MANAJEMEN RISIKO INVESTMENT AND RISK MANAGEMENT COM-
Dasar: Pedoman Manajemen Risiko No.A003/ MITTEE
EP4000/2010-S0. Basis: Risk Management Guidelines No.A003/
Susunan keanggotaan tahun 2014: EP4000/2010-S0.
• Ketua Komite : The membership composition in 2014:
Presiden Direktur Pertamina EP • Chairman of the Committee: President
• Wakil Ketua Komite: Direktur Operasi Director of Pertamina EP
dan Produksi • Vice-Chairman of the Committee:
• Sekretaris Komite: Production & Operations Director
VP Perencanaan dan Manajemen Risiko • Secretary of the Committee: VP Strategic
• Anggota Komite: Planning & Risk Management
• VP Eksplorasi • Members of the Committee:
• VP Eksploitasi • VP Exploration
• VP Health Safety & Environment • VP Exploitation
• VP Kontroler • VP Health Safety Security & Environment
• VP Legal & Relation • VP Controller
• VP Legal & Relations
TUGAS DAN TANGGUNG JAWAB KOMITE DUTIES AND RESPONSIBILITIES OF RISK

MANAJEMEN RISIKO MANAGEMENT COMMITTEE
1. Menetapkan kebijakan dan strategi 1. Establish comprehensive Risk Management
Manajemen Risiko yang komprehensif termasuk policies and strategies including determination
penetapan, dan persetujuan batas (limit) risiko and approval of risk limit, both composite, per
baik secara keseluruhan (composite), per jenis type of risk and per functional activity.
risiko, maupun per aktivitas fungsional. 2. Responsible for monitoring the implementation
2. Bertanggung jawab atas pemantauan of Risk Management policies and risk exposure
pelaksanaan kebijakan Manajemen Risiko dan taken by the Company.
eksposur risiko yang diambil oleh Perusahaan. 3. Evaluate the effectiveness of Risk Management
3. Mengevaluasi efektivitas penerapan in the Company periodically.
Manajemen Risiko Perusahaan secara berkala. 4. Determine matters related to business
4. Penetapan hal-hal yang terkait dengan decisions that deviate from normal procedures
keputusan bisnis yang menyimpang dari (irregularities).
prosedur normal (irregularities).

5. Memantau kegiatan yang dilakukan oleh Unit 5. Monitor the activities carried out by the Risk
Kerja Manajemen Risiko. Management Unit.
6. Mengembangkan budaya sadar risiko (risk 6. Develop risk consciousness culture at all levels
consciousness) pada seluruh jenjang organisasi. of the organization.
7. Mengembangkan kompetensi sumber 7. Develop human resource competencies on Risk
daya manusia terkait dengan pelaksanaan Management implementation.
Manajemen Risiko.
UNIT KERJA MANAJEMEN RISIKO RISK MANAGEMENT UNIT

Dasar: Pedoman Manajemen Risiko No.A-003/ Basis: Risk Management Guidelines No.A-003/
EP4000/2010-S0. EP4000/2010-S0.
Susunan Keanggotaan: Membership Composition:
• Koordinator: • Coordinator: VP Strategic Planning and Risk
VP Perencanaan & Manajemen Risiko Management
• Wakil Koordinator I • Deputy Coordinator I: Risk Management
: Manajer Manajemen Risiko Manager
• Wakil Koordinator II: • Deputy Coordinator II: Evaluation & Control
Manajer Evaluasi & Pengendalian Manager
• Anggota: • Members:
1. Risk Management Specialist 1. Risk Management Specialist
2. Senior Risk Management Analyst 2. Senior Risk Management Analyst
3. Risk Management Analis 3. Risk Management Analyst
4. Pekerja Pertamina EP lainnya yang ditunjuk 4. Other employees of Pertamina EP appointed
dengan Surat Keputusan atau Surat Perintah based on Board of Directors’ decree or Letter
Direksi Perusahaan. of Instruction.

NELSON SITOMPUL
VP STGC Plan & Risk Management VP STGC Plan & Risk Management
Mengawali karir di PT Pertamina (Persero) sejak He started his career in PT Pertamina (Persero) in
1989 dan bergabung dengan Pertamina EP tahun 1989 and joined Pertamina EP in 2014, serving as VP
2014, menjabat sebagai VP Strategic Planning & Strategic Planning & Risk Management.
Risk Management. He earned a Bachelor of General Geological
Memperoleh gelar Teknik Geologi Umum dari Institut Engineering from Bandung Institute of Technology
Teknologi Bandung dan Magister Manajemen and Master of Economic Management from Gadjah
Ekonomi dari Universitas Gadjah Mada. Mada University.
Menempati berbagai posisi kunci di PT Pertamina He held various key positions at PT Pertamina
(Persero). Sebelumnya, menjabat sebagai Upstream (Persero). He previously served as Upstream Strategic
Strategic Planning Manager di PT Pertamina Planning Manager at PT Pertamina (Persero).
(Persero).
TUGAS DAN TANGGUNG JAWAB UNIT KERJA DUTIES AND RESPONSIBILITIES OF RISK
MANAJEMEN RISIKO MANAGEMENT UNIT
1. Unit Kerja Manajemen Risiko bertanggung 1. Risk Management Unit is under the supervision
jawab kepada Komite Manajemen Risiko. of Risk Management Committee.
2. Menyusun laporan profil risiko Perusahaan 2. Prepare the Company’s risk profile report
secara berkala dan menyampaikannya kepada periodically and submit it to Risk Management
Komite Manajemen Risiko dengan tembusan Committee with a copy to the Board of
Dewan Direksi Perusahaan. Directors.
3. Mengevaluasi aktivitas atau kegiatan usaha 3. Evaluate activities or business activities that
yang memerlukan persetujuan Dewan Direksi. require the Board of Directors’s approval.
4. Memantau posisi risiko perusahaan secara 4. Monitor the Company’s corporate risk position,
korporat, per jenis risiko dan risiko per aktivitas per type of risk and per functional activity,
fungsional yang dituangkan dalam bentuk which is described in the form of risk mapping
pemetaan risiko dan memberikan rekomendasi and provide recommendations to the Risk
kepada Komite Manajemen Risiko. Management Committee.

5. Memberikan masukan kepada Komite 5. Provide input to the Risk Management

Manajemen Risiko mengenai besaran atau Committee on the amount or the maximum risk
maksimum eksposur risiko untuk dimasukkan exposure to be included in the Corporate Work
ke dalam RKAP. Plan and Budget (RKAP).
6. Mengkaji secara berkala kecukupan dan 6. Regularly review the adequacy and
kelayakan dari Kebijakan, Pedoman, dan appropriateness of Policies, Guidelines, Risk
Strategi Penerapan Manajemen Risiko, serta Management Implementation Strategies, and
menyampaikan rekomendasi perubahan submit the recommendation of changes to the
kepada Komite Manajemen Risiko. Risk Management Committee.
TIM DAN SUB TIM UNIT KERJA UNIT TEAM & SUB-TEAM
Tim & Sub Tim Unit Kerja Manajemen Risiko adalah Risk Management Unit Team & Sub-team are
pekerja Pertamina EP di Kantor Pusat maupun employees of Pertamina EP at Head Office
Asset, yang ditunjuk dengan Surat Perintah Direksi and Assets, who are appointed based on the
Perusahaan No. 045/EP0000/2013-S0 . Total jumlah Board of Directors’ Letter of Instruction No. 045/
keanggotaan Tim/Sub tim Unit Kerja Manajemen EP0000/2013-S0. Total number of members of Risk
Risiko adalah 26 orang. Management Unit Team/Sub-team is 26 people.
Ketua Tim/Sub Tim adalah pekerja yang memiliki The head of Team/Sub-team is an employee who
sertifikasi Enterprise Risk Management Certified has certification of Enterprise Risk Management
Professional (ERMCP). Adapun anggota Tim/Sub Tim Certified Professional (ERMCP). The members of
yang memiliki sertifikasi Certified Risk Management Team/Sub-team who have certification of Certified
Professional (CRMP) sebanyak 40 orang. Risk Management Professional (CRMP) are 40
people.
Keanggotaan Tim Unit Kerja Manajemen Risiko Composition of Risk Management Unit Team
Penasehat : Komite Manajemen Risiko Membership
Koordinator : VP Strategic Planning & Risk Advisor : Risk Management Committee
Management Coordinator : VP Strategic Planning & Risk
Wakil Koordinator : Strategic Business & Risk Management
Management Manager Deputy Coordinator: Strategic Business & Risk
Anggota : 17 Manager setiap fungsi pada Management Manager
Kantor Pusat Members :17 Managers of each function
at the Head Office
Keanggotaan Sub Tim Composition of Risk Management
Unit Kerja Manajemen Risiko Unit Sub-team Membership
- Asset - Asset
Penasehat : General Manager Asset Advisor : Asset General Manager
Koordinator : Asset Strategic Planning & Risk Coordinator : Asset Strategic Planning & Risk
Management Manager Management Manager
Sekretaris : Senior Evaluation & Performance Secretary : Senior Evaluation &
Analyst Performance Analyst
Anggota: Members:
1. Field Manager 1. Field Manager
2. Operation Planning Assistant Manager 2. Operation Planning Assistant Manager
3. HSSE Assistant Manager 3. HSSE Assistant Manager
- Proyek - Project
Penasehat : General Manager Project Advisor : Project General Manager
Koordinator : Business Support Manager Coordinator : Business Support Manager
Sekretaris : Project Control Analyst Secretary : Project Control Analyst
TANGGUNG JAWAB UTAMA TIM & SUB TIM THE MAIN RESPONSIBILITIES OF RISK
UNIT KERJA MANAJEMEN RISIKO, MANAGEMENT UNIT TEAM & SUB-TEAMS,
ANTARA LAIN: AMONG OTHERS:
1. Mempersiapkan dan memastikan agar 1. Prepare and ensure the implementation of
implementasi ERM berjalan dengan lancar dan ERM run smoothly and according to planned
sesuai target yang direncanakan sesuai dengan targets in accordance with Pertamina EP’s Risk
Kebijakan Manajemen Risiko Perusahaan; Management Policy;
2. Melaksanakan aktifitas Manajemen Risiko 2. Implement Risk Management activities in each
pada fungsi masing-masing; function.
3. Menyampaikan laporan tertulis secara berkala 3. Submit a written report regularly to the Risk
kepada Komite Manajemen Risiko. Management Committee.

PEMUKTAHIRAN DAFTAR RISIKO 2014 RISK REGISTER UPDATING 2014
Penerapan ERM melibatkan seluruh fungsi di ERM implementation involves all functions in
Pertamina EP, dengan membuat Daftar Risiko Pertamina EP, by making Risk Register at the
(Risk Register) pada setiap awal tahun, melalui beginning of each year, through the mechanism
mekanisme pemutakhiran daftar risiko (updating of risk register updating. Risk Register is not only a
risk register). Risk Register tidak hanya menjadi alat tool for the identification, analysis and planning of
untuk identifikasi, analisis dan membuat rencana risk response, but also as a medium to uphold the
respons risiko, namun juga sebagai media untuk work plan of Assets, Functions and Projects, in order
mengawal rencana kerja Asset, Fungsi dan Proyek to identify matters that will hinder the main goal
sehingga mengetahui hal-hal apa saja yang akan of each performance achievement. Furthermore,
menghambat tujuan utama pencapaian kinerja periodic risk mitigation monitoring is conducted
masing-masing. Selanjutnya dilakukan pemantauan for each of the risk. Risk Register that has been
mitigasi risiko secara berkala atas setiap risiko updated and the results of periodic monitoring, are
dimaksud. Daftar Risiko yang telah dimutakhirkan always reported to the relevant parties, including
maupun hasil pemantauan berkala yang dilakukan, the Board of Commissioners and Board of Directors.
selalu dilaporkan kepada pihak-pihak terkait [G4-45] [G4-47]
termasuk Dewan Komisaris dan Direksi. [G4-45] [G4-47]
Berdasarkan hasil updating risk register 2014, jumlah Based on the results of risk register updating in 2014,
Risk Event yang teridentifikasi adalah sebanyak 259 the number of identified Risk Event was 259 risks and
risiko dan dikelompokkan dalam kategori Fault Tree grouped under the category of Fault Tree Analysis
Analysis (FTA) sebagai berikut: (FTA) are as follows:

FTA CADANGAN Reserve FTA
41
8 Eksplorasi Exploration
5 Cadangan P1 P1 Reserve
13
107
FTA HSSE HSSE FTA
15 Pencemaran Pollution
12 Potensi Kebakaran Fire potential 98
9 Kecelakaan Kerja Occupational Accident

Produksi Productions Fungsional Functional
Kesehatan, Kesadaran, Kepatuhan, Keamanan
5 Health, Awareness, Compliance, Security Cadangan Reserve HSE HSE
FTA PRODUKSI Production FTA FTA FUNGSIONAL FTA Fungsional

Fasilitas Produksi Organisasi
66 Production Facility 39 Organization
Sasaran Tinggi/menengah Legal / Regulary

22 High/middle Target 23 Legal / Regulatory
9 Fasilitas Pipa Pipe Facility 17 Financial Financial
8 Sasaran Rendah Low Target 14 External External
2 EOR EOR 5 SCM SCM

Grafik di atas menunjukkan bahwa risiko dengan The chart above shows that the risks with the highest
jumlah terbanyak (Highest Number) terdapat pada number are in the Production and Functional FTA
kategori FTA Produksi dan Fungsional masing- category with 107 and 98 risks respectively. In the
masing berjumlah 107 dan 98 Risiko. Pada kategori Production category, the risks with the highest
Produksi, jumlah risiko terbanyak terdapat pada number are in the sub-category of Production
sub kategori Fasilitas Produksi sebanyak 66 risiko. Facilities of 66 risks. Meanwhile in the Functional
Sementara pada kategori Fungsional, jumlah category, the highest number of risks in Organization
risiko terbanyak terdapat pada sub kategori sub-category of 39 risks. These figures illustrated
Organisasi sebanyak 39 risiko. Dua hal tersebut that the Production Facilities and the Organization
menggambarkan bahwa Fasilitas Produksi dan must be a common concern of the management.
Organisasi harus menjadi perhatian bersama para
Manajemen.
Untuk risiko dengan jumlah yang cukup banyak The risks with medium number are in the HSSE
(Medium Number) terdapat pada kategori HSSE category of 41 risks. The risks with low number are
dengan jumlah 41 Risiko. Masih terdapat risiko those related to Reserves of 13 risks. These results
yang jumlahnya kecil (Low Number) yaitu terkait illustrated that the Risks with Highest and Medium
Cadangan dengan jumlah 13 Risiko. Hasil tersebut Number can become obstacles that have to be
menggambarkan bahwa Risiko dengan Highest dan faced by Pertamina EP in achieving the primary
Medium Number dapat menjadi hambatan yang target.
dihadapi Pertamina EP dalam mencapai target
utama.
TOP 10 RISK TOP 10 RISK

Berdasarkan data seluruh risiko yang telah dihasilkan Based on the data of all risks that have been
melalui metode FTA, setiap risk event dikelompokkan generated through the FTA method, each risk event
ke dalam Top 10 Risk berdasarkan prioritas dan grouped into the Top 10 Risk based on the priorities
pandangan strategis yang menunjukkan risiko-risiko and strategic view that shows the key risks to be
utama yang akan dihadapi Perusahaan. Berikut faced by the Company. The following are the Top 10
adalah Top 10 Risk Pertamina EP: Risk of Pertamina EP:
01
Potensi munculnya hambatan dalam pengadaan The potential hindrance in the procurement of
lokasi operasi serta penyelesaian terkait tumpang operating sites and settlement related to overlapping
tindih lahan dalam kegiatan operasi. land in operating activities.
02
Potensi pencurian aset dan produksi minyak baik di Potential theft of assets and oil production both in
jalur transportasi, stasiun pengumpul, sumuran dan transportation line, gathering stations, wells and
lokasi penyimpanan. storage location.
03
Potensi tidak tercapainya target penambahan Potential failure to achieve additional production
produksi sesuai program EOR sekitar 20% (success targets according to EOR program approximately
ratio 80%). 20% (80% success ratio).
04
Potensi tidak tercapainya target produksi minyak Potential failure to achieve production target of oil
dan gas Sasaran Tinggi, Menengah dan Rendah and gas of High, Medium and Low Target in 2014 at
tahun 2014 pada Asset dan Project. Assets and Projects.
05
Potensi tertundanya revenue Perusahaan Potential delays in the Company's revenue due to
disebabkan oleh hambatan pada kegiatan Lifting the obstacles in Lifting activities and gas metering
dan sistem metering gas. system.
06
Potensi tidak tercapainya target tambahan Potential failure to achieve the target of additional
sumberdaya Contingent Resources setara migas Contingent Resources of oil equivalent in 2014 at
tahun 2014 yaitu 179 MMBOE. 179 MMBOE.
07
Potensi tidak tercapainya target produksi karena Potential failure to achieve production target due to
permasalahan Realibility & Avalilability Fasilitas Realibility & Avalilability of Production Facilities.
Produksi.
08
Potensi tidak tersalurnya hasil produksi migas karena Potential undistributed oil & gas production due to
terkendala Fasilitas Pipa. disruption of pipe facilities.

09
Potensi terganggunya produksi minyak dan gas Potential disruption of oil and gas production due to
akibat adanya hambatan dalam pengelolaan obstacles in the HSE management (Pollution & Fire).
aspek HSE (Pencemaran & Kebakaran).
10
Potensi tidak tercapainya target produksi disebabkan Potential failure to achieve production targets due to
oleh hambatan dalam operasi pemboran & Kinerja obstacles in the underperforming drilling operation
Services Company yang kurang perform. & services company performance.
TOP 10 RISKS PROFILE MATRIX TOP 10 RISKS PROFILE MATRIX

Berikut ini adalah Risk Profile Matrix untuk Top Ten Risk The following is Risk Profile Matrix for Top Ten Risk of
Pertamina EP 2014 Pertamina EP 2014:
1
Definitely-6
Almost Certain-5 5 3 2
Likely-4 8 7 4
Moderate-3 10 6
Rare-2 9
Unlikely-1
Insignificant Minor-2 Moderate-3 Significant-4 Catastrophic-5
Profil risiko di atas menggambarkan bahwa Top Risk profile above illustrates that Pertamina EP Top
10 Risk Pertamina EP mempunyai risiko Inherent 10 Risks have inherent risk with category Extreme,

dengan kategori Extreme, High dan Medium Risk. High and Medium Risk. After the implementation of
Setelah dilaksanakannya Rencana Mitigasi Risiko Risk Mitigation Plan and control activities carried
dan aktivitas pengendalian yang dilakukan oleh Risk out by the Risk Owner, Risk Priority Number (RPN)
Owner, selanjutnya diperoleh Risk Priority Number Residual is subsequently acquired, as seen in the Risk
(RPN) Residual, seperti pada gambar Profil Risiko di Profile picture above.
atas.
Beberapa risiko Pertamina EP dapat mengalami Some risks of Pertamina EP can be reduced from the
penurunan dari yang semula kategori Extreme/High original categories of Extreme/High to Medium/Low,
menjadi Medium/Low, dengan rincian: with the following details:
a. Risiko tergolong kategori Medium terdapat pada a. Risks in Medium category are in five risk events of
5 kejadian risiko yaitu nomor 1,2,4,5 dan 7; 1,2,4,5 and 7;
b. Risiko tergolong kategori Low terdapat pada 5 b. Risks in Low category are in five risk events of
kejadian risiko yaitu nomor 3,6,8,9 dan 10. 3,6,8,9 and 10.
PEMANTAUAN MITIGASI RISIKO 2014 RISK MITIGATION MONITORING 2014

Berdasarkan hasil pemuktahiran Daftar Risiko Based on the results of Pertamina EP Risk Register
Pertamina EP, untuk tahun 2014 telah teridentifikasi updating, for the year 2014, a total of 259 risk events
259 kejadian risiko atau risk event. Sebagai tindak have been identified. As a follow up, the Company
lanjut maka Perusahaan telah membuat rencana has made the risk mitigation execution plan by
pelaksanaan mitigasi risiko oleh Pemilik Risiko (Risk Risk Owner at each function. The execution of risk
Owner) pada fungsi masing-masing. Pelaksanaan mitigation were monitored continuously by Strategic
mitigasi risiko dipantau secara berkesinambungan Planning & Risk Management Function, and reported
oleh Fungsi Strategic Planning & Risk Management, to the Board of Commissioners and Board of
dan dilaporkan kepada Dewan Komisaris maupun Directors. [G4-46]
Direksi. [G4-46]
Pemantauan dimaksudkan untuk memastikan bahwa The monitoring is aimed to ensure that the Risk
Rencana Mitigasi Risiko benar-benar dijalankan Mitigation Plan is actually carried out by the Risk
oleh Pemilik Risiko. Pemantauan dilakukan dengan Owner. The monitoring is conducted by using
menerapkan penggunaan Formulir Pemantauan Monitoring Form, which can be accessed via online
(Form Monitoring), yang dapat diakses pada sistem risk management system to be updated by the Risk
daring pengelolaan risiko untuk kemudian dilakukan Owner.
pemuktahiran oleh Pemilik Risiko.

Selama tahun 2014, Pemilik Risiko telah membuat During 2014, Risk Owner has made 600 risk
600 rencana mitigasi risiko. Setelah dilakukan mitigation plans. After monitoring, the status of
pemantauan ditetapkan status rencana mitigasi mitigation plans is as follows:
sebagai berikut:
•
Mitigasi risiko dengan status 'HIJAU': (telah •
Risk mitigation with 'GREEN' status: (entirely
dilaksanakan seluruhnya) sebanyak 504 rencana executed) at 504 mitigation plans or 84%. The
mitigasi atau sebesar 84%. Status “HIJAU” 'GREEN' status indicated that the risk mitigation
mencerminkan bahwa rencana mitigasi risiko telah plans have been executed and completed on/
dijalankan dan selesai pada/sebelum periode before the monitoring period ends.
Monitoring berakhir.
•
Mitigasi risiko dengan status 'KUNING': (telah •
Risk mitigation with 'YELLOW' status: (partly
dilaksanakan sebagian) tersisa sebanyak 96 executed) there were 96 mitigation plans remaining
rencana mitigasi atau sebesar 16%. Status or 16%. The 'YELLOW' status is given if the mitigation
'KUNING' diberikan apabila rencana mitigasi telah plans have been running and were still underway
berjalan dan masih berlangsung sampai periode until the Monitoring period ends.
pemantauan selesai.
Terhadap Top 10 Risk Pertamina EP setelah dilakukan Regarding the Top 10 Risk of Pertamina EP, after
pemantauan dan dengan memperhatikan status monitoring and taking into account the status of
mitigasinya, terdapat perubahan pada level risiko mitigation, there was a change in the level of risks
yang semula mayoritas terdapat pada Extreme Risk, that most were originally on Extreme Risk, at the end
maka pada akhir tahun dapat diturunkan menjadi of the year could be lowered to Medium to Low Risk
Medium hingga Low Risk sebagai berikut: as follows:
TOP 10 RISK PROFILE MATRIX RESIDUAL

Top 10 Risk Profile Matrix Residual
Definitely-6
Almost Certain-5
Likely-4
Moderate-3 3 4 5
Rare-2 10 1 2 6 7 8 9
Unlikely-1
Insignificant Minor-2 Moderate-3 Significant-4 Catastrophic-5
Untuk menilai kecukupan penerapan ERM, maka To assess the maturity of the ERM implementation,
kami melakukan assessment maturity level bekerja we conducted maturity level assessment in
sama dengan BPKP. Hasil dari assessment tersebut collaboration with BPKP. The results of the assessment
didapat bahwa tingkat maturity level dalam was the maturity level of the Company at the Level
Perusahaan kami berada pada Level Managed 'Managed', which is described in the following table
dengan penjelasan seperti table dan gambar and picture:
dibawah ini:
RISK MATURITY SCORE & LEVEL RISK MATURITY DEFINITION LEVEL

Risk Maturity Score & Level Risk Maturity Definition Level
Risk Maturity Score 3.66 dari 5 Nilai Capaian Tingkat Kematangan

Score Maturity Level
Risk Maturity Level Managed 0 Non-existent
0 < x ≤ 1.5 Initial
1.5 < x ≤ 2.5 Repeatable
2.5 < x ≤ 3.5 Defined
3.5< x ≤ 4.5 Managed
4.5< x ≤ 5 Optimised

Dari pencapaian Risk Maturity Score dan Level di From the achievement of Maturity Risk Score
atas, kami telah menyusun roadmap implementasi and Level above, we have prepared the ERM
ERM yang diilustrasikan pada gambar di bawah ini: implementation roadmap as illustrated in the figure
below:
01 INITIAL 02 REPEATABLE 03 DIFINED 04 MANAGED 05 OPTIMISED

2009 2010-2011 2012-2013 2014 2015-2018
• Non Formal Procedure • E stablishment of RM • Risk Based Audit • Improvement of Risk • R isk & Lost Event
• AdHoc Risk Policy • Risk Based Inspection Management Online Database
Management • Establishment of RM • Developing Risk System • Risk Control Self
• Reactive to an Event Policy Process & Risk Appetite & Risk • Risk Based Work Plan Assessment (RCSA)
Monitoring Process Tolerance & Budget (RKAP) • Continual
• Establisment of Risk • Linking RM to • New Risk Assessment Development of Risk
Management System Performance Method Culture
Management • Quantitative Impact
• Risk maturity Level Method
Evaluation • Risk Based Decisin
Making

SISTEM PELAPORAN PELANGGARAN

DAN WHISTLE BLOWING [G4-58]
Whistleblowing System
Pertamina EP telah menerapkan sistem pelaporan Pertamina EP has implemented a whistleblowing

pelanggaran, yang dapat menjadi mekanisme system, which can be a mechanism for employees
bagi pekerja dan pemangku kepentingan lain, serta and other stakeholders, as well as external parties to
pihak eksternal untuk melaporkan adanya dugaan report any alleged ethical violations.
pelanggaran etika.
Hal-hal yang dapat dilaporkan adalah Violations that can be reported are offenses that
pelanggaran-pelanggaran yang memenuhi kriteria meet the following criteria:
sebagai berikut:
1. Melanggar peraturan perundang-undangan, 1.
Violation of laws and regulations, such
misalnya pemalsuan tanda tangan, korupsi, as falsification of signatures, corruption,
penggelapan, markup, penyalahgunaan narkoba, embezzlement, markup, drug abuse, vandalism;
perusakan barang;
2. Melanggar pedoman etika Perusahaan, misalnya 2. Violation of the ethical code of the Company, such
benturan kepentingan, pelecehan, terlibat dalam as conflicts of interest, harassment, involvement in
kegiatan masyarakat yang dilarang; prohibited community activities;
3. Melanggar kebijakan dan prosedur operasional 3. Violation of Company policies and operating
Perusahaan, ataupun kebijakan, prosedur, procedures, or policies, procedures, other
peraturan lain yang dianggap perlu oleh regulations deemed necessary by the Company;
Perusahaan;
4. Tindakan kecurangan lainnya yang dapat 4. Other fraud acts that can cause financial or non-
menimbulkan kerugian finansial ataupun financial losses;
nonfinansial;
5. Tindakan fraud; 5. Fraud;
6. Tindakan salah/ kelalaian kewajiban yang 6. Malpractice/intentional negligence from
disengaja dari manajemen; management;
7. Tindakan yang membahayakan kesehatan, 7. Actions that endanger the occupational health,
keselamatan kerja dan lindung lingkungan. safety and environment.

MEKANISME PELAPORAN REPORTING AND HANDLING
DAN PENANGANAN WBS MECHANISM OF WBS
Sistem pelaporan diatur dalam suatu Tata Kerja The reporting system is regulated in the
Organisasi (TKO) No. B-001/EP6000/2011-S0/ Organization Working Procedures (TKO) No. B-001/
Rev-00, yang mulai diberlakukan pada tahun EP6000/2011-S0/Rev-00, which came into effect in
2011. Laporan dugaan pelanggaran etika, dapat 2011. The report of alleged ethical violations, can be
disampaikan melalui: sent to:
1. Surat elektronik: pep-etika@pertamina.com 1. E-Mail: pep-etika@pertamina.com
2. Situs: www.pertamina-ep.com/en/contact 2. Site: www.pertamina-ep.com/en/contact
3. Short Message Service (SMS) kepada atasan 3. Short Message Service (SMS) to superiors and to
maupun kepada Komite Etika & GCG the Ethics and GCG Committee
Sistem dikelola langsung oleh Komite Etika & GCG The system is managed directly by the Ethics and
dan pelaporan disampaikan langsung kepada GCG Committee and the reports are delivered
President Direktur Pertamina EP. directly to President Director of Pertamina EP.
Kami menjamin media tersebut di atas adalah We guarantee the aforementioned media are
independen, bebas dari benturan kepentingan, independent, free from conflict of interest, and are
dan bersifat rahasia. Perusahaan memberikan confidential. The Company provides protection for

perlindungan bagi pelapor, dalam bentuk whistleblowers, in the form of anonymity, protection
kerahasiaan identitas, perlindungan atas tindakan of retaliation from the defendant, information on the
balasan dari pihak terlapor, informasi pelaksanaan follow-up execution report, and minimum penalties
tindak lanjut laporan, dan sanksi minimum bagi for whistleblowers who are part of the reported
pelapor yang merupakan bagian dari kasus yang cases.
dilaporkan.
Perusahaan akan melibatkan pihak eksternal yakni The Company will involve external parties, such as law
aparat penegak hukum, bila hasil pemeriksaan enforcement officials, when the investigation results
dari laporan yang disampaikan telah patut of the reports submitted was reasonably suspected
diduga sebagai bentuk perbuatan tindak pidana. as a form of crime. Furthermore, Pertamina EP will
Selanjutnya Pertamina EP akan menyerahkan handover the follow-up action of the report based
penanganan tindak lanjut pelaporan berdasarkan on positive laws in Indonesia. Sanctions will be
hukum positif yang berlaku di Indonesia. Sanksi akan imposed on the parties reported, if there are court
dijatuhkan kepada pihak yang menjadi terlapor, bila verdicts that already have permanent legal force.
telah ada putusan pengadilan yang sudah memiliki
kekuatan hukum tetap.
Proses pelaporan pelanggaran dan whistleblowing The process of whistleblowing system is as follows:
sistem adalah sebagai berikut:
PENGAWAS ETIKA
INTERNAL AUDIT
Ethics Superintendent
Email
INTERNAL PEKERJA
PERTAMINA EP
Internal Employee of Pertamina EP
Website
KOMITE ETIKA & GCG
HUMAN RESOURCES
GCG & Etchic Commitee
EXTERNAL sms
Mitra - Vendor - Masyarakat
Partner - Vendor - Community
PRESIDENT DIRECTOR HSSE

PROGRAM KEPEMILIKAN SAHAM OLEH EMPLOYEE AND/OR MANAGEMENT

KARYAWAN DAN/ATAU MANAJEMEN YANG STOCK OPTION PROGRAM (ESOP/MSOP)
DILAKSANAKAN PERUSAHAAN (ESOP/MSOP) IMPLEMENTED BY COMPANY
Pada tahun 2014, Pertamina EP belum melaksanakan In 2014, Pertamina EP has not implemented
program kepemilikan saham untuk karyawan dan/ employee and/or management stock option
atau manajemen yang dilakukan melalui penawaran through stock option program for compensation to
saham atau penawaran opsi saham dalam rangka Employees, Directors and Board of Commissioners.
kompensasi kepada Karyawan, Direksi dan Dewan
Komisaris.
KETERBUKAAN INFORMASI
Information Disclosure
Sesuai prinsip transparansi dalam pelaksanaan According to the transparency principle in good
tata kelola perusahaan yang baik, Pertamina EP corporate governance, PT Pertamina EP manages
mengelola saluran informasi yang dapat diakses information channels that can be accessed by
oleh publik maupun dapat didistribusikan kepada the public or distributed to stakeholders in special
pemangku kepentingan dalam kesempatan khusus. occasion.
PENERBITAN LAPORAN TAHUNAN ANNUAL REPORT PUBLICATION

Sejalan penerapan prinsip transparansi, sejak tahun In line with the transparency principle application,
2007 Pertamina EP telah menyusun dan menerbitkan since 2007 Pertamina EP has prepared and
Laporan Tahunan yang kemudian dikembangkan published the Annual Report, which later developed
menjadi Laporan Tahunan Terintegrasi sejak tahun into the Integrated Annual Report. The report is
2011. Laporan disusun berdasarkan praktik-praktik prepared based on reporting best practices based
terbaik pelaporan berdasarkan Referensi Bapepam- on references from Bapepam-LK and the Global
LK dan Global Reporting Initiative (GRI). Mulai tahun Reporting Initiative (GRI). In 2014, we start to applied
2014, kami menerapkan IIRC. IIRC.
Kami menyertakan Laporan Tahunan Terintegrasi We enter our Integrated Annual Report in the Annual
yang diterbitkan dalam kegiatan Annual Report Report Award (ARA) event, as one of the assessment
Award (ARA), sebagai salah satu mekanisme mechanisms of the quality of our information
penilaian terhadap kualitas penyampaian disclosure delivery. ARA is held in cooperation
keterbukaan informasi yang disajikan. ARA between Bapepam-LK, the Directorate General of
diselenggarakan atas kerja sama Bapepam-LK, Taxation, Ministry of SOEs, Bank Indonesia, Indonesia
Direktorat Jenderal Pajak, Kementerian BUMN, Bank Stock Exchange, the National Committee on
Indonesia, Bursa Efek Indonesia, Komite Nasional Governance Policies, and the Indonesian Institute of
Kebijakan Governance, dan Ikatan Akuntan Accountants.
Indonesia.
PERNYATAAN FINANSIAL FINANCIAL STATEMENTS

Dalam Laporan Tahunan Terintegrasi 2014, kami In the Integrated Annual Report 2014, we provide an
menyediakan mekanisme evaluasi maupun evaluation mechanism as well as other information
penyampaian informasi lain oleh pemangku delivery by stakeholders through Feedback Form at
kepentingan melalui Lembar Umpan Balik di the end of the report. Furthermore, the matters that
bagian akhir laporan. Selanjutnya, segala hal yang are delivered in the Feedback Form will be used as
disampaikan dalam Lembar Umpan Balik akan input for improving the quality of reporting. [G4-49]
digunakan sebagai masukan demi peningkatan
kualitas pelaporan. [G4-49]
Di dalam Laporan Tahunan Terintegrasi disampaikan In the Integrated Annual Report, information on
informasi Pernyataan Finansial (Financial Statement) Financial Statements of the Company is presented.
Perusahaan. Pertamina EP telah menerapkan Pertamina EP has applied reporting standards
standar pelaporan berdasarkan standar based on international financial reporting standards
akuntansi internasional (IFRS), yang memberikan (IFRS), which provides complete and accurate
pengungkapan informasi secara lengkap dan information disclosure regarding the Company's
akurat mengenai aktivitas keuangan Perusahaan. financial activities.

Melalui Pernyataan Finansial di dalam Laporan Through the Financial Statements in the Integrated
Tahunan Terintegrasi 2014, Pertamina EP secara Annual Report 2014, Pertamina EP has openly
terbuka telah menyampaikan laporan keuangan dan presented the financial statements and information
informasi mengenai kondisi keuangan perusahaan regarding the Company’s financial conditions to its
kepada para pemangku kepentingan. stakeholders.
SITUS PERUSAHAAN COMPANY WEBSITE

Informasi mengenai Pertamina EP juga dapat Information on Pertamina EP can also be accessed
diakses para pemangku kepentingan melalui situs by stakeholders through the Company's website:
Perusahaan: www.pertamina-ep.com. Melalui www.pertamina-ep.com. Through the website, the
situs tersebut, para pemangku kepentingan bisa stakeholders can get the necessary information.
mendapatkan informasi yang diperlukan.
Situs Perusahaan juga menyertakan kanal yang The company's website also includes the channel
memuat Laporan Tahunan dan Pernyataan Finansial that contains the Annual Report and Financial
sebagai bagian dari laporan. Statements as part of the report.
MEDIA INFORMASI LAIN OTHER INFORMATION MEDIA

Pertamina EP juga menerbitkan berbagai informasi Pertamina EP also publishes various information of
pelaporan kinerja melalui pemberitaan media performance reporting through mass media news
massa dan penerbitan majalah internal. Di report and by publishing internal magazine. In some
beberapa Lapangan, Fungsi Humas yang dikelola fields, PR function managed by each Asset also
masing-masing Asset juga menerbitkan publikasi publishes periodic publications.
berkala.

Informasi mengenai Perusahaan dapat pula Information about the Company can be accessed
diakses melalui media informasi yang dikelola induk through the media managed by the parent company,
perusahaan, yakni: namely:
• Situs internet www.pertamina-ep.com; • Website www.pertamina.com;
• Media cetak (majalah) Energia Pertamina EP; • Print media (magazine) Warta Pertamina;
• Media audio-visual internal PEP Channel. • Internal audio-visual media Pertamina EP Channel.
Kegiatan penyampaian informasi Perusahaan juga Company information delivery activities are also
dilakukan langsung melalui pelaksanaan kegiatan carried out directly by organizing large events and
besar dan berpotensi dihadiri para pemangku potentially attended by general stakeholders. Such
kepentingan yang bersifat umum. Kegiatan tersebut activities include exhibitions, dissemination and
antara lain pameran, sosialisasi dan seminar. seminars.
DANA KEGIATAN POLITIK DAN SOSIAL POLITICAL AND SOCIAL ACTIVITIES FUND
Sesuai Etika Kerja dan Bisnis, Pertamina EP bersikap In accordance with Ethics Code and Business
netral terhadap aktivitas politik. Perusahaan tidak Conduct, Pertamina EP is neutral in political activity.
memberikan sumbangan/donasi dalam bentuk The Company does not provide contributions/
apapun, baik untuk kegiatan partai politik maupun donations in any form, either for the activities of
kegiatan politik. [G4-SO6] political parties or political activities. [G4-SO6]
Sebagai bentuk pelaksanaan komitmen pada As part of the implementation of commitments on

tanggung jawab sosial dan lingkungan, Pertamina social and environmental responsibility, Pertamina EP
EP menyediakan dana guna mendukung kegiatan provides funds to support community development
pemberdayaan masyarakat melalui Program through Pertamina Community Empowerment
Pemberdayaan Masyarakat Pertamina (PPMP) Program (PPMP) and Corporate Social Responsibility
dan program/kegiatan tanggung jawab sosial (CSR) programs/activities. Description about this
perusahaan (corporate social responsibility/CSR). information is presented in other section of this
Uraian informasi tentang hal ini disajikan dalam report.
bagian lain laporan ini.

KEPATUHAN DAN PERKARA HUKUM

Legal Compliance And Litigations
Dalam melaksanakan kegiatan usaha In carrying out business activities and operations,
dan operasional, Pertamina EP senantiasa Pertamina EP pays attention to compliance with laws
memperhatikan ketaatan pada ketentuan hukum and regulations applicable in Indonesia.
dan perundang-undangan yang berlaku di
Indonesia.
KEPATUHAN PADA HUKUM LEGAL COMPLIANCE

Selama tahun 2014, Perusahaan tidak pernah During 2014, the Company never received
mendapatkan sanksi denda finansial, sanksi financial penalties, administrative penalties, or
administratif, maupun sanksi hukum lain, terkait other legal penalties, related to the alleged non-
dugaan ketidakpatuhan terhadap regulasi, compliance with regulations, including those
termasuk di antaranya yang mengatur pengelolaan governing environmental management, fair business
lingkungan, persaingan usaha sehat, dan tanggung competition, and product responsibility.
jawab produk. [G4-EN29] [G4-SO8] [G4-PR9] [G4-EN29] [G4-SO8] [G4-PR9]

Selama kurun waktu periode pelaporan, Pertamina During the reporting period, Pertamina EP has
EP telah melakukan tinjauan aspek hukum yang conducted a review on legal aspects of the contract
terkait dengan kontrak perjanjian, RUPS, pendapat agreement, GMS, legal opinions, and other needs.
hukum, dan kebutuhan lainnya. Uraian tentang The information is presented in other section of this
informasi ini disampaikan pada bagian lain dari report.
pelaporan ini.
PERKARA HUKUM PENTING MATERIAL LITIGATION

Pertamina EP juga masih memiliki beberapa kasus Pertamina EP still has some material litigation
hukum (litigasi) yang signifikan, meskipun tidak cases, although they did not necessarily affect the
sampai mempengaruhi kondisi operasional dan Company's operations and financial condition.
keuangan Perusahaan. Beberapa kasus hukum yang Several legal cases are handover from or related to
dihadapi merupakan pengalihan atau berkaitan PT Pertamina (Persero).
dengan PT Pertamina (Persero).
Hal ini terkait ketentuan dalam Surat Keputusan This is related to the provisions of the Board of
Direksi Pertamina No.Kpts-042/C00000/2005 Directors of Pertamina Decree No.Kpts-042/
tanggal 21 September 2005, yang menetapkan C00000/2005 dated September 21, 2005, which
bahwa seluruh hak dan kewajiban PT Pertamina stipulates that all rights and obligations of PT
(Persero) sehubungan dengan kegiatan usaha Pertamina (Persero) regarding upstream oil and
hulu minyak dan gas bumi PT Pertamina (Persero) gas business activities of PT Pertamina (Persero) are
dialihkan ke Pertamina EP. Sebagai konsekuensi, handed over to Pertamina EP. As a consequence, the
liabilitas legal PT Pertamina (Persero) sehubungan legal liabilities of PT Pertamina (Persero) concerning
dengan kegiatan usaha hulu minyak dan gas upstream oil and gas business activities prior to
bumi sebelum 21 September 2005 dialihkan ke September 21, 2005, were handed over to the
Perusahaan. Company.

Status Upaya Hukum 2014
No. Intisari Perkara Lawsuit Summary
Legal Action Status 2014
Penanganan perkara atas laporan dari H Achmad terkait
kegiatan pencurian besi di Field Prabumulih terhadap SP3 Perkara selesai
1 Pertamina EP. Case closed with the issuance of termi-
Handling of H Achmad’s case over iron theft in Prabumulih Field against nation of investigation warrant
Pertamina EP.
Penanganan perkara atas laporan Pertamina EP kepada H Ach-
H Achmad menjadi tersangka
mad terkait kegiatan pencurian besi di Field Prabumulih H Achmad was declared suspect
2
Handling of Pertamina EP’s case against H Achmad over iron theft in
Prabumulih Field.
Penanganan perkara atas laporan LSM terkait proses pen- Dalam proses
3 gadaan barang dan jasa yang dilaksanakan di UBEP Limau. In process
Case handling on NGO’s report over procurement of goods and services
process undertaken in UBEP Limau.
Perkara pidana dalam kejadian blowout di Talang Jimar
(TLJ-25) oleh Kejaksaan Negeri Prabumulih. Perkara ini timbul
terkait dugaan penyalahgunaan wewenang dalam penerbitan
perizinan kegiatan pemboran TLJ 25 Talang Jimar, Kelurahan
Sukaraja, Kecamatan Prabumulih Selatan Kota Prabumulih, Perkara selesai
4 Sumatera Selatan. Case closed
Criminal case handling in the blowout incident at Talang Jimar (TLJ-25) by
Prabumulih District Attorney’s Office. This case arises due to the alleged
abuse of authority in issuing TLJ 25 drilling permit in Talang Jimar, Sukaraja

sub-district, South Prabumulih District, Prabumulih City, South Sumatra.
Laporan pidana Pertamina EP terkait penerbitan sertifikat hak
milik oleh BPN Jambi di atas tanah yang dikuasai Pertamina EP.
5 Dalam Proses
Pertamina EP’s criminal report regarding the issuance of land ownership
In process
certificate by Jambi National Land Agency (BPN) over land controlled by
Pertamina EP.
Penanganan perkara pidana di Polda Sumut sehubungan
6 dengan pengaduan dan sengket yang dihadapi di internal Dalam proses
kontraktor PT Marsi Aqli Utama. In process
Criminal case handling at North Sumatra Regional Police in connection
with complaints.
Penanganan perkara terkait pemberian keterangan oleh pihak
Pertamina EP sehubungan dengan proses perjanjian jual beli
gas antara Pertamina EP dengan PT Mandiri Karya Sentosa Dalam proses
7 (MKS). In process
Case handling regarding the provision of information by Pertamina EP on
gas sale and purchase agreement between Pertamina EP and PT Mandiri
Karya Sentosa (MKS).
KASUS JUAL BELI GAS DI BANGKALAN

Gas Trade Case in Bangkalan
Pada awal Desember 2014, Komite Pemberantasan In early December 2014, the Corruption Eradication
Korupsi (KPK) menangkap Direktur PT Media Karya Commission (KPK) arrested Director of PT Media
Sentosa dan Ketua DPRD Bangkalan sebagai Karya Sentosa and Speaker of the Regional House
tersangka penipuan dan korupsi. Akibat perbuatan of Representatives of Bangkalan as suspects in
keduanya, Negara diduga mengalami kerugian fraud and corruption case. As a result of the two
Rp5 triliun. suspects' acts, the State allegedly suffered losses of
IDR5 trillion.
Dalam hal ini, Pertamina EP sebagai salah satu The Commission also questioned Pertamina EP as
penyedia gas bagi PT Media Karya Sentosa turut one of the gas suppliers to PT Media Karya Sentosa
dimintai keterangan oleh KPK sebagai saksi untuk as a witness to complete information regarding this
melengkapi informasi terkait kasus ini. Pertamina case. Pertamina EP is committed to support the
EP berkomitmen untuk mendukung KPK dalam Commission in resolving the investigation.
menuntaskan penyelidikan.

PERUBAHAN REGULASI
Regulatory Changes
Sektor hulu minyak dan gas (migas) yang menjadi Upstream oil and gas sector (oil & gas)as the
bidang usaha Pertamina EP memiliki posisi business sector has a strategic position in the
strategis dalam ketahanan energi nasional. Kondisi national energy security. This condition makes the
ini menjadikan sektor hulu migas senantiasa upstream oil and gas sector is constantly faced
dihadapkan pada perubahan regulasi yang with regulatory changes issued and enacted by the
ditetapkan dan diberlakukan Pemerintah, termasuk Government, including SKK Migas.
oleh SKK Migas.
Pertamina EP menindaklanjuti setiap perubahan Pertamina EP follows up any regulatory changes by

regulasi dengan melakukan penyesuaian- making adjustments, so as not to affect the ongoing
penyesuaian, sehingga tidak sampai mempengaruhi process of operational activities.
proses kegiatan operasional yang dilaksanakan.
PERUBAHAN REGULASI TAHUN 2014 DAN TINDAK LANJUT DILAKUKAN

Regulatory Changes in 2014 and Follow Up
No. Perubahan Regulasi Regulatory changes Tindak Lanjut Follow Up
1 SK No KEP-0076/SKKO0000/2014 Berdampak pada proses administrasi surat kuasa

tentang Mekanisme Pengadaan Tanah pengadaan tanah oleh SKK Migas membutuhkan waktu
Skala Kecil untuk Kegiatan Usaha yang lebih lama dibandingkan ketentuan sebelumnya
Hulu Minyak dan Gas Bumi kembali yaitu PTK 027 Tahun 2009). Untuk menghadapinya,
diberlakukan kecuali ketentuan proses administrasi pengajuan surat kuasa di SKK Migas
sepanjang yang mengatur penggunaan dilakukan secara paralel. Direksi mengajukan surat
dana panjar sebagaimana tertuang di kepada SKK Migas terkait usulan penyederhanaan proses
halaman 7. administrasi surat kuasa pengadaan tanah.
Decree (SK) No KEP-0076/SKKO0000/2014 Impact on the administrative process of land acquisition power of
regarding Small Scale Land Acquisition attorney by SKK Migas that takes longer than the previous provision
Mechanism for Upstream Oil and Gas Business of PTK 027 of 2009. In order to address this, the administrative pro-
Activities is applied except the provisions gov-
cess of applying for a power of attorney at SKK Migas is conducted
erning the use of advance payment as stated in parallel. Board of Directors submitted a letter to SKK Migas
on page 7. concerning the administrative process simplification proposal for
land acquisition power of attorney.
2 Perpres No 40 Tahun 2014 tentang Pengadaan tanah yang luasnya tidak lebih dari 5 hektar
Penyelenggaraan Pengadaan Tanah dapat dilakukan langsung oleh Perusahaan/institusi
bagi Pembangunan untuk Kepentingan dengan para pemegang hak atas tanah, dengan cara jual
Umum. beli, tukar menukar, atau cara lain yang disepakati kedua
Presidential Regulation (Perpres) No. 40 of belah pihak .
2014 regarding the Implementation of Land Land acquisition no larger than 5 hectares can be carried out
Acquisition for Public Interest Development. directly between the company/institution and the holders of land
rights, by way of sale-purchase, exchange, or other means as
agreed by both parties.
3 Perubahan Peraturan Menteri Kehutanan Adanya Pasal 52 pada Permenhut P.16/Menhut-II/2014
(Permenhut) Nomor P.18/Menhut- yang mana Pasal ini mengakomodir legalitas kegiatan-
II/2011, P.38/Menhut-II/2012 dan P.14/ kegiatan di luar bidang kehutanan yang sudah ada
Menhut-II/2013 menjadi Permenhut sebelum terbitnya UU No. 41 tahun 1999 tentang
Nomor : P.16/Menhut-II/2014 tanggal 10 Kehutanan yang belum memiliki ijin.
Maret 2014 tentang Pedoman Pinjam The establishment of Article 52 of the Minister of Forestry Regulation
Pakai Kawasan Hutan. P.16 /Menhut-II/2014 accommodates the legality of non-forestry
Amendment to Minister of Forestry Regulation activities that already existed prior to the enactment of Law No. 41
(Permenhut) No. P.18/Menhut-II/2011, of 1999 on Forestry activities without license.
P.38/Menhut-II/2012 and P.14/Menhut-II/2013
into Permenhut No: P.16/Menhut-II/2014 dated
March 10, 2014 regarding Guidelines for
Borrow to Use of Forest Area.

Hal ini memberikan dampak yang signifikan bagi
Pertamina EP dikarenakan, ± 70% WK Pertamina EP
berada dalam Kawasan hutan sehingga banyak sumur-
sumur peninggalan Belanda atau pun sumur-sumur
yang sudah ada dibawah tahun 1999 serta menjadikan
Pertamina EP Perusahaan yang dalam kegiatannya
berjalan sesuai aturan yang berlaku.
This significantly affected Pertamina EP, due to± 70% of Pertamina
EP Working Areas are within the forest area, which means many
wells inherited from the Dutch government or wells that have
already existed prior to 1999, as well as Pertamina EP is a Company
that runs its activities in accordance with the applicable rules.
Hasil signifikan sampai dengan saat ini sumur-sumur tua/

eksisiting di Provinsi Jawa Barat dan Jawa Timur telah
memiliki legalitas, dengan terbitnya Ijin Pinjam Pakai
Kawasan Hutan :
a. SK. 881/Menhut-II/2014 tanggal 29 September 2014
untuk Provinsi Jawa Barat;
b. SK. 842/Menhut-II/2014 tanggal 29 September 2014
untuk Provinsi Jawa Timur;
Significant results to date, the old/existing wells in West Java and
East Java have had their legality, by the issuance of Borrow to Use
permit of Forest Area:
a. SK. 881/Menhut-II/2014 dated September 29, 2014 for West Java
Province;
b. SK. 842/Menhut-II/2014 dated September 29, 2014 for East Java
Province.

Untuk sumur-sumur eksisting di Provinsi-provinsi lain saat
ini dalam tahap identifikasi koordinat dan fisik lapangan
serta dalam tahap Penataan Batas oleh Kementerian
Kehutanan.
The existing wells in other provinces are currently in identification
phase of coordinates and physical field as well as in Forest
Boundary Demarcation phase by the Ministry of Forestry.
PEMENUHAN TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN [IR2] [IR5]

Social And Environmental Responsibility Fulfillment
Pemenuhan tanggung jawab sosial dan lingkungan Fulfillment of social and environmental responsibilities
(TJSL) adalah salah satu aspek penting dalam (TJSL) is one of the important aspects in good
pelakasanaan tata kelola perusahaan yang baik. corporate governance implementation. Information
Informasi tentang pemenuhan TJSL oleh Pertamina EP about TJSL fulfillment by PT Pertamina EP, including
termasuk dampak keuangan terhadap Perusahaan, the financial impact on the Company, is described
diuraikan dalam bagian lain pelaporan ini, yakni in other section of this report, namely Pertamina EP
Kinerja Keberlanjutan Pertamina EP Tahun 2014: Sustainability Performance 2014: Synergy of People,
Sinergi Manusia, Proses, Teknologi dan Lingkungan Process, Technology and Environment, which is also
hidup, yang juga menjadi tema utama dari Laporan the main theme of the Integrated Annual Report
Tahunan Terintegrasi 2014 Pertamina EP. 2014 of PT Pertamina EP.
Uraian dalam bagian ini hanya mengungkapkan The description in this section only reveals the role of
tentang keberadaan para pemangku kepentingan Pertamina EP’s stakeholders, who directly or indirectly
Pertamina EP, yang secara langsung maupun tidak affect the Company's business sustainability.
langsung berpengaruh terhadap keberlanjutan
bisnis Perusahaan.
PEMANGKU KEPENTINGAN PERTAMINA EP STAKEHOLDERS OF PERTAMINA EP

Melalui proses identifikasi yang dilakukan secara Through an identification process, which was
internal berdasarkan pada interaksi yang terbangun conducted internally based on the interaction that
selama ini, diketahui ada 10 kelompok pemangku has been established, 10 groups have been identified
kepentingan Pertamina EP. Selanjutnya Perusahaan as of Pertamina EP’s stakeholders. Furthermore, the
berupaya memenuhi kebutuhan yang menjadi Company strives to meet the needs of the main
isu utama pada masing-masing pemangku issues for each stakeholder. [G4-24] [G4-25] [G4-26]
kepentingan. [G4-24] [G4-25] [G4-26] [G4-27] [G4-27]

DAFTAR PEMANGKU KEPENTINGAN, ISU UTAMA, METODE PENDEKATAN,

DAN RESPON PERUSAHAAN [G4-24] [G4-25] [G4-26] [G4-27]
List of Stakeholders, Main Issues, Approach Methods and Company Responsens
Pemangku
Isu Utama, Metode Pendekatan, dan Respon Perusahaan
Kepentingan
Main Issues, Approach Methods and Company Responses
Stakeholder
Isu utama: Main Issues:
1. Meningkatkan laba Perusahaan. 1. Increase the Company’s profit.
2. Meningkatkan pemberian deviden. 2. Increase dividend distribution.
3. Menjamin keberlanjutan kegiatan Perusahaan. 3. Ensure the sustainability of the Company’s
Pemegang 4. Menjamin pelaksanaan tata kelola yang baik activities.
Saham dalam setiap kegiatan Perusahaan. 4. Ensure the implementation of good governance
Shareholders in every activity of the Company.
Respon Perusahaan: Company Responses:
• Pelaksanaan RUPS. • GMS Implementation.
• Penyampaian laporan kinerja Perusahaan. • Presentation of the Company’s performance
report.
1. Peningkatan kesejahteraan dan kualitas hidup 1. Improve community welfare and quality of life.
masyarakat. 2. Empower local economic potential.
2. Pemberdayaan potensi ekonomi lokal. 3. Preserve the environment.
3. Menjaga kelestarian lingkungan.
Masyarakat
Community Respon Perusahaan: Company Responses:
• Program pengembangan masyarakat (community • Community Development Program.
development). • Gathering, facilitation and dialogues.
• Pertemuan, pendampingan dan dialog. • Community Satisfaction Index Survey.
• Survei Indeks Kepuasan Masyarakat.
1. Menjamin kualitas minyak mentah dan gas sesuai 1. Ensure the quality of crude oil and gas accord-
spesifikasi yang diminta pelanggan. ing to specification requested by customers.
2. Menjamin kelancaran pasokan minyak mentah 2. Ensure stable crude oil supply for Pertamina’s
ke kilang Pertamina dan pasokan gas kepada refineries and gas supply for customers.
pembeli. 3. Receive and follow up each complaint filed.
3. Menerima dan menindaklanjuti setiap keluhan 4. Improve customer service and satisfaction.
Pelanggan yang disampaikan.
Customers 4. Melaksanakan perbaikan pelayanan dan
kepuasan pelanggan.
• Pertemuan (gathering) berkala. • Periodic gathering.
• Survei Indeks KepuasanPelanggan. • Customer Satisfaction Index Survey.

1. Pemenuhan hak-hak normatif pekerja seperti 1. Fulfillment of employee basic rights as stipulated
diatur dalam UU Ketenagakerjaan dan peraturan in the Law on Employment and other laws
perundang-undangan yang lain. regulationa.
2. Menjamin pengembangan karir dan kompetensi 2. Ensure career and competency developmen
tanpa adanya diskriminasi. without discrimination.
Pekerja 3. Meningkatkan kesejahteraan pekerja, termasuk 3. Improve the welfare of employees, including
Employees menjamin kepatuhan pada keselamatan, kese- ensure compliance with the occupational safety,
hatan kerja dan lindungan lingkungan. health and environment principle.

• Pembentukan serikat pekerja. • Establishment of workers union.
• Pemberlakuan Perjanjian Kerja Bersama (PKB). • Application of Collective Labor Agreement (CLA).

1. Pemenuhan pelaksanaan Contractor Safety Man- 1. Fulfillment of Contractor Safety Management
agement System (CSMS) oleh setiap Mitra. System (CSMS) by every Partner.
2. Pemenuhan hak-hak normatif terhadap para 2. Fulfillment of their employees’ basic rights as
pekerja mereka, seperti diatur dalam Un- stipulated in Manpower Law and other applica-
dang-Undang Ketenagakerjaan dan peraturan ble laws and regulations.
Mitra Kerja dan perundang-undangan lainnya. 3. Fulfillment of corporate social responsibility,
Mitra Usaha 3. Pemenuhan pelaksanaan tanggung jawab sosial especially for community around the operational
Partners and perusahaan, terutama bagi masyarakat di sekitar activities sites.
Vendors lokasi kegiatan operasi.
• Perumusan kontrak kerja yang beretika. • Formulation of ethical working contract.
• Evaluasi pelaksanaan kerjasama. • Evaluation of cooperation implementation.
• Pertemuan koordinasi berkala. • Periodic coordination meetings.
1. Program pembangunan daerah dan peningkatan 1. Regional development programs and communi-
kesejahteraan masyarakat. ty welfare improvement.
2. Pemenuhan kewajiban pembayaran pajak yang 2. Compliance with obligation to pay regional tax
dikelola daerah dan retribusi lain. and other levies.
3. Pengamanan aset Perusahaan dan fasilitas 3. Protection of Company assets and operational
operasi. facilities.
4. Membina hubungan dan komunikasi yang baik 4. Maintain good relationships and communica-
Pemerintah dengan pemerintah, baik pusat maupun daerah, tions with the central and regional governments,

Government melalui komitmen untuk mematuhi peraturan through commitment to comply with applicable
perundang-undangan yang berlaku. laws and regulations.

• Kegiatan musyawarah rencana pembangunan • Consultative Forum for Development Planning
(musrenbang). (musrenbang) activities.
• Koordinasi, termasuk dengan TNI dan Polri di • Coordination, including with the Regional Armed
jajaran kewilayahan. Forces and Police.
1. Menyelenggarakan press-tour ke lokasi opera- 1. Organize press-tour to operational sites.
sional. 2. Information provision on the Company’s perfor-
2. Penyediaan informasi mengenai kinerja Peru- mance via press release, advertorial on national
sahaan melalui press release, advertorial baik and local mass media.
kepada media massa nasional maupun media
Media massa lokal.
Media
• Edukasi media tentang kegiatan operasi Perusa- • Media education on the Company’s operations
haan serta dukungan and support to media activities.
terhadap kegiatan media. • Advertisement placement.
• Pemasangan iklan.
1. Penyelenggaraan seminar, lokakarya (workshop), 1. Organize seminars, workshops, discussion
diskusi tentang bisnis, operasional dan kinerja on the Company’s business, operations and
Universitas dan Perusahaan. performance.
Institusi 2. Penelitian dan kajian tentang aspek teknologi, 2. Research and study on technology, economic,
Pendidikan Lain ekonomi, lingkungan dan sosial. environmental and social aspects.
Universities and 3. Penyampaian laporan bersama tentang 3. Presentation of collective report on research and
Other pelaksanaan penelitan dan kajian yang telah study that have been conducted.
Educational dilaksanakan.
Institutions
• Edukasi tentang kegiatan operasi Perusahaan. • Education on the Company’s operations.
• Konsultasi dan kerjasama keilmuan. • Academic consultation and cooperation.

KINERJA KEBERLANJUTAN YANG TERINTEGRASI
SINERGI MANUSIA, PROSES, TEKNOLOGI
Synergy of People, Process, Technology, and Environment

Laporan Tahunan Terintegrasi mencerminkan Integrated Annual Report reflects our
pola pikir Kami yang komprehensif serta comprehensive mindset and considers
mempertimbangkan aspek sosial, ekonomi, dan social, economic, and environment
lingkungan dalam setiap pengambilan keputusan. aspects in every decision making.
KEBERLANJUTAN 2014
KINERJA

MEMBANGUN SINERGI
Building Synergy
Sebagai perusahaan pada sektor hulu minyak dan As a company in the upstream oil & gas sector,
gas (migas), kegiatan operasi dan usaha Pertamina operations and business of Pertamina EP is
EP dipengaruhi oleh berbagai faktor. Oleh influenced by various factors. Therefore, to support
karenanya, untuk mendukung keberlanjutan bisnis the sustainability of the company’s business and
dan operasional perusahaan, penting bagi kami operations, it is important for us to synergize all
untuk mensinergikan semua faktor, baik eksternal factors, both external and internal.
maupun internal.
Kami memahami Sinergi sebagai upaya untuk We define Synergy as an effort to establish and
membangun dan memastikan hubungan kerjasama ensure a productive internal cooperation and
internal yang produktif serta kemitraan yang harmonious partnership with stakeholders. It is done
harmonis dengan para pemangku kepentingan. Hal to produce beneficial and quality work.
ini demi menghasilkan karya yang bermanfaat dan
berkualitas
KINERJA KEBERLANJUTAN 2014 SUSTAINABILITY PERFORMANCE 2014

SINERGI MANUSIA, PROSES, TEKNOLOGI DAN SYNERGY OF PEOPLE, PROCESS,
LINGKUNGAN HIDUP TECHNOLOGY, AND ENVIRONMENT
Sejak tahun 2011 Pertamina EP terus membangun Since 2011, Pertamina EP continues to build the
fondasi pertumbuhan berkelanjutan, sebagai foundations of sustainable growth, as a strategic
kebijakan strategis untuk menjadi perusahaan policy to become a world class company. Entering
kelas dunia. Memasuki tahun 2014 Perusahaan 2014, the Company applies the main strategies: First
menerapkan strategi utama: First Quality Growth, Quality Growth, then Strive for Excellence.
then Strive for Excellence.

ASPEK KUALITAS DAN PERTUMBUHAN ASPECT OF QUALITY AND GROWTH
Penerapan strategi utama meliputi lingkup Korporat, The implementation of Pertamina EP’s main
Asset dan juga Proyek. Ada dua aspek utama yang strategies covers Corporate, Asset and Project.
menjadi perhatian, yakni Quality (Kualitas) dan There are two main aspects of concern, namely
Growth (Pertumbuhan). Quality and Growth.
Kualitas Quality
Peningkatan return/revenue melalui efektivitas Quality aspect emphasizes on increasing the
operasi pada area/Lapangan dengan cara return/revenue through operating effectiveness in
penurunan biaya melalui optimalisasi penggunaan the areas/fields by cost reduction. This is done by
dana rasionalisasi yang tidak efektif, serta optimizing uses of ineffective rationalization funds
peningkatan produksi. and production increase.
KEBERLANJUTAN 2014
Pertumbuhan Growth
Menumbuhkembangkan bisnis hulu melalui Growth aspect focuses on expanding upstream
pencarian dan penambahan cadangan migas business through the search and the addition of
KINERJA
baru meliputi melakukan pemboran eksplorasi, new oil & gas reserves, which covers exploration
mempercepat manajemen portofolio lahan drilling, acceleration of Pertamina EP land portfolio
Pertamina EP, dan monetisasi aset Gas. management, and gas asset monetization.
MEMBANGUN SINERGI BUILDING SYNERGY

Kami menyadari bahwa strategi utama bukan hal With various challenges, we realized that the main
mudah dilakukan. Namun kami tetap berikhtiar strategies are not easy to apply. However, we still try
dengan mengoptimakan sumber daya yang ada: to optimize all available resources: people, process,
manusia, proses, teknologi dan lingkungan hidup, technology and environment, as well as to synergize
serta mensinergikan semuanya untuk pencapaian them for the achievement and recognition of
menjadi perusahaan kelas dunia. Pertamina EP as a world class company.
Hal itu pula yang menjadi latar belakang tema besar It also became the background of major theme for
penyusunan Laporan Tahunan Terintegrasi 2014 the preparation of Integrated Annual Report 2014
Pertamina EP: Sinergi Manusia, Proses, Teknologi of PT Pertamina EP: Synergy of People, Process,
dan Lingkungan hidup. Technology and Environment.

MEMBANGUN SINERGI UNTUK MANUSIA [IR1]
Building Synergy for People
SINERGI DENGAN PIHAK EKSTERNAL SYNERGY WITH EXTERNAL PARTY
Sinergi yang terbangun antara Pertamina EP Synergies that have been built between Pertamina EP
dengan PT Pertamina (Persero) menjadikan and PT Pertamina (Persero) make human resource
pengembangan sumber daya manusia (SDM) development (HRD) and community empowerment
maupun pemberdayaan masyarakat dapat can be implemented continuously.
berlangsung secara berkesinambungan.
Sebagian pekerja Pertamina EP merupakan bagian Some employees of Pertamina EP are recruited
dari hasil seleksi yang dilakukan PT Pertamina from selection process conducted by PT Pertamina
(Persero). Kami juga menyertakan pekerja-pekerja (Persero). We also send Pertamina EP employees
Pertamina EP dalam berbagai program pendidikan to various educational and training programs to
dan pelatihan untuk meningkatkan kompetensi para enhance their competencies through Pertamina
pekerja melalui Pertamina Corporate University yang Corporate University, which is managed by PT
dikelola PT Pertamina (Persero). Pertamina (Persero).
SINERGI DENGAN PIHAK INTERNAL SYNERGY WITH INTERNAL PARTY
Pertamina EP telah mampu memberikan jaminan Pertamina EP has been able to guarantee the career
kesempatan pengembangan karir bagi para development opportunities for the employees and
pekerja dan pemenuhan kesejahteraan mereka the fulfillment of their and their families’ welfare.
beserta keluarga. Kondisi ini menjadikan kinerja That way the employees' performance will be
para pekerja akan lebih optimal, sehingga bisa optimized, which can support the achievement of
mendukung pencapaian target Perusahaan. the Company’s targets.
Jaminan kesempatan pengembangan karir dan The guaranteed career development opportunities
pemenuhan kesejahteraan pekerja tersebut and the fulfillment of the employees' welfare cannot
tidak terlepas dari sinergi internal yang telah be separated from the internal synergy that has been
terbangun di internal Perusahaan. Sinergi antara established in the Company's internal environment.
masing-masing fungsi di internal Perusahaan The synergy between the respective functions within
dengan Fungsi Human Resources membuahkan the Company and Human Resources Function led
pembentukan Talent Management Team (TMT), to the formation of Talent Management Team (TMT),
yang merupakan mekanisme pengembangan karir which is the mechanism of career development for
pekerja. Sementara, sinergi dengan Serikat Pekerja employees. Meanwhile, synergy with the Workers
telah mendukung proses peninjauan berkala atas Union has been able to provide assurance of the
kebijakan imbal jasa pekerjaan dan penyusunan periodic review on compensation policies and
Perjanjian Kerja Bersama Periode 2014-2016. drafting of Collective Labor Agreement for 2014-
2016 period.
Sinergi internal juga menjadikan pelaksanaan Internal synergies also make the implementation
tanggung jawab sosial perusahaan dan of corporate social responsibility and community
pemberdayaan masyarakat di sekitar lokasi development around Pertamina EP’s operating
Pertamina EP berkegiatan berada dalam satu areas are under one big umbrella: Pertamina EP
payung besar: Pusat Pemberdayaan Masyarakat Community Empowerment Center ('PPMP'). In
Pertamina EP (PPMP). Sesuai cetak biru CSR accordance with CSR blueprint of Pertamina EP,
Pertamina EP, PPMP bertujuan menumbuhkan PPMP aims to raise entrepreneurial interests of local
minat kewirausahaan masyarakat setempat yang communities, which is implemented gradually over a
dilaksanakan secara bertahap dalam kurun waktu period of five years.
lima tahun.

MEMBANGUN SINERGI UNTUK PROSES [IR8]
Building Synergy for Process
Sinergi dengan pihak-pihak di pemerintahan, Synergies with the parties both at central and
baik di tingkat pusat maupun daerah, menjadi hal local governments are important. This is related
yang penting. Hal tersebut terkait dengan upaya to the Company's efforts to accelerate the
Perusahaan mempercepat proses pemenuhan process to obtain 69 types of permits for oil & gas
69 jenis perizinan kegiatan migas, penyelesaian activities, settlement of overlapping land use, and
tumpang tindih penggunaan lahan, dan safeguarding the Company’s assets of as national
pengamanan aset Perusahaan sebagai objek vital vital objects.
nasional.
Salah satu sinergi dengan pihak pemerintahan yang One of the synergies with the government that had
telah terbangun selama tahun 2014 di antaranya been established during 2014, was the synergy with
adalah sinergi dengan Kementerian Lingkungan the Ministry of Environment and Forestry. This synergy
Hidup dan Kehutanan. Sinergi ini membuahkan led to agreement on use of forest areas procedures
kesepakatan prosedur penggunaan kawasan hutan for oil & gas activities through the mechanism of
untuk aktivitas di bidang migas melalui mekanisme borrow and use of forest areas. Meanwhile, synergy
pinjam pakai kawasan hutan. Sementara, sinergi established with the security forces, both military
yang terbangun dengan pihak keamanan, baik and police, have been able to optimize the security
TNI maupun Polri, telah mampu mengoptimalkan of company assets while reducing the risk of oil theft
pengamanan aset-aset Perusahaan sekaligus and illegal mining.
mengurangi ancaman pencurian minyak maupun
penambangan ilegal.
Melalui sinergi pada semua fungsi dan Asset, kami Through the synergy of all functions and Assets, we
menerapkan Kebijakan Quality, Health, Safety, apply a policy of Quality, Health, Safety, Security
Security and Environment (QHSSE) dengan tujuan: and Environment (QHSSE) with the objectives: Zero
Nihil insiden dan risiko keamanan yang terkelola incident, manageable security risks and reliable
serta mutu yang terpercaya sesuai aspek QHSSE. quality in accordance with QHSSE aspects.
KEBERLANJUTAN 2014
Melalui sinergi ini, pada tahun 2014 kami berhasil Through this synergy, in 2014 we managed to reach
mencapai total jam kerja selamat sebesar a total of 88,455,377 safe working hours. This figure
88.455.377 jam. Angka tersebut meningkat increased compared to 87,694,324 hours in 2013.
KINERJA
dibanding tahun 2013 yang sebesar 87.694.324
jam.
Kami juga mensinergikan penerapan standarisasi We also synergize the application of HSSE
internasional HSSE: ISO 9001:2008 (Quality international standardization, ISO 9001: 2008
Management System), ISO 14001 : 2004 (Quality Management System), ISO 14001:2004
(Environmental Management System) dan OHSAS (Environmental Management System) and OHSAS
18001:2007 (Occupational Health & Safety 18001:2007 (Occupational Health & Safety
Management System) pada seluruh Lapangan Management System) at all Fields along with
beserta fasilitas produksi di area operasi Pertamina production facilities in the operating areas of
EP. Selain itu melalui sinergi yang terbangun, Pertamina EP. In addition, through the established
sebanyak 14 Lapangan telah mendapatkan synergy, as many as 14 Fields have been certified by
sertifikasi International Sustainability Rating System the International Sustainability Rating System (ISRS).
(ISRS).
Secara bertahap Pertamina EP membangun sinergi Pertamina EP is gradually building synergies

dalam menerapkan Sistem Sinergi Optimalisasi in implementing the Production Optimization
Produksi (SSOP) sebagai upaya mengintegrasikan Synergy System (POSS) as an effort to integrate
pengelolaan seluruh Lapangan, Proyek dan Asset the management of all existing Fields, Projects and
yang ada. Penerapan SSOP diikuti pengembangan Assets. The POSS application is followed by the
aplikasi piranti lunak: Software Asset Management development of software applications: Software
(SAM) yang memberikan akses bagi Asset sebagai Asset Management (SAM), which provides access
pengguna untuk mendapatkan informasi mengenai for Assets as a user to obtain information about
aplikasi GGRP Pertamina EP. Pertamina EP GGRP application.

MEMBANGUN SINERGI UNTUK TEKNOLOGI [IR8]
Building Synergy for Technology
Dalam aspek teknologi, sinergi dengan PT Pertamina In the aspect of technology, synergy with PT Pertamina
(Persero) diwujudkan antara lain melalui penerapan (Persero) is manifested, among others, through
kegiatan eksplorasi sesuai Pertamina Exploration exploration activities according to Pertamina
Way, serta tata laksana pemboran yang ditentukan Exploration Way, as well as drilling procedures
dalam Pertamina Drilling Way (PDW). stipulated in Pertamina Drilling Way (PDW).
Melalui penerapan PDW maka pengeboran Through PDW application drilling is carried out
dilaksanakan berdasarkan praktik-praktik terbaik based on best practices according to international
sesuai standar internasional. Penerapan PDW standards. The PDW Application is expected to
diharapkan mampu menekan non productive reduce non-productive time (NPT), which has impact
time (NPT) yang berimbas pada penurunan biaya. on cost reduction. Until the end of 2014, PDW
Sampai dengan akhir tahun 2014, penerapan PDW application has only been implemented at Bunyu
baru diberlakukan pada Field Bunyu, Asset 5. Field, Asset 5.
SINERGI DENGAN PIHAK INTERNAL SYNERGY WITH EXTERNAL PARTY
Kondisi Lapangan Pertamina EP yang relatif berusia Pertamina EP's field conditions Fields have that are
tua, menuntut semua pihak di internal Perusahaan relatively old requires all parties within the Company
untuk bahu membahu terus mendapatkan sumur- to work together to acquire new wells to be able
sumur baru agar mampu mengoptimalkan to optimize crude oil production which is used for
produksi minyak mentah yang dimanfaatkan untuk lifting. Internal synergies have resulted in various
proses pengolahan (lifting). Sinergi internal telah efforts to integrate the application of technology
menghasilkan berbagai upaya yang memadukan through innovative application of stratigraphic play
penerapan teknologi melalui inovasi penerapan in Subang Field, Asset 3. Through the implementation
pola stratigrafi (stratigrafic play) di Field Subang, of this play, Jati Asri-01 (JAS-01) Well successfully
Asset 3. Melalui penerapan pola ini, Sumur Jati added Pertamina EP’s oil & gas production following
Asri-01 (JAS-01) sukses menambah produksi migas the end of program put on production (POP) on June
Pertamina EP, menyusul selesainya program put on 20, 2014.
production (POP) pada 20 Juni 2014.
Menghadapi kondisi sumur-sumur tua, sinergi Facing the condition of old wells, the synergies enable
yang terbangun menjadikan Perusahaan terus the Company continue to update the technology to
memperbarui teknologi untuk mendukung kegiatan support operational activities, especially exploration
operasional, terutama eksplorasi dan produksi. Kami and production. We have started the trial of tertiary
telah memulai ujicoba tahapan pengurasan lanjut recovery by using the methods of chemical flood,
lapisan tersier digunakan injeksi kimiawi (chemical steam flood, CO2, and MEOR.
flood), injeksi uap (steam flood), CO2, ataupun
MEOR.

MEMBANGUN SINERGI
UNTUK LINGKUNGAN HIDUP [IR2] [IR5]
Building Synergy for Environment
Sinergi dalam hal lingkungan hidup dibangun Synergies in the environmental aspect are built
bersama dengan pihak-pihak yang berwenang together with the authorities in terms of environmental
dalam hal pengelolaan lingkungan hidup. management. Pertamina EP through each Asset,
Pertamina EP melalui masing-masing Asset, has been directly involved in various conservation
telah terlibat langsung dalam berbagai program programs a number of endangered species,
konservasi sejumlah spesies langka, termasuk katak including the fire toad (Leptophryne cruentata) and
merah (Leptophryne cruentata) dan rusa timor Jawa Timor deer (Cervus timorensis).
(Cervus timorensis),
Sinergi juga terbangun antara PT Pertamina Synergy is also built between PT Pertamina (Persero)
(Persero) dengan PT Pertamina Patra Niaga and PT Pertamina Patra Niaga through the operation
melalui pengoperasian stasiun pengisian bahan of internal fuel filling stations (SPBI). This synergy has
bakar internal (SPBI). Sinergi ini telah mampu been able to optimize the use of oil fuel (BBM) and
mengoptimalkan pemanfaatan bahan bakar lubricants for Asset and Field operations. Overall,
minyak (BBM) dan pelumas untuk operasional Asset until the end of 2014 there were 17 SPBI built by
dan Lapangan. Secara keseluruhan sampai dengan Pertamina EP, from the planned 19 SPBI at all Fields.
akhir tahun 2014 sudah ada 17 SPBI yang dibangun
Pertamina EP, dari rencana 19 SPBI di seluruh
Lapangan.
Selain itu, sinergi juga terbangun melalui In addition, synergy is also built through the
pelaksanaan berbagai program pemberdayaan implementation of various community development
masyarakat. Sebagian program/kegiatan yang programs. Most programs/activities undertaken
dilaksanakan di wilayah operasi Perusahaan in the Company’s operating areas are part of
merupakan bagian dari program/kegiatan programs/activities of social responsibility carried
tanggung jawab sosial yang diselenggarakan PT out by PT Pertamina (Persero).
KEBERLANJUTAN 2014
Kami terus meningkatkan praktik-praktik We continue to improve environmental management
KINERJA
pengelolaan lingkungan melalui sinergi yang practices through synergy among function of each
terbangun antar-setiap fungsi pada masing-masing Asset. The synergy is built to ensure all functions
Asset. Sinergi yang terbangun memastikan seluruh implement environmental management according
fungsi melaksanakan pengelolaan lingkungan to international standards stipulated in ISO
yang sesuai standar internasional yang terangkum 14001:2004 on Environmental Management System,
dalam sertifikasi ISO 14001:2004 Tentang Sistem and has met the criteria in PROPER of the Ministry of
Pengelolaan Lingkungan, serta telah memenuhi Environment and Forestry.
kriteria dalam PROPER dari Kementerian Lingkungan
Hidup dan Kehutanan.

MANUSIA [IR1] [IR5]

People
MANUSIA PEOPLE
Ada dua kelompok pemangku kepentingan There are two groups of stakeholders who become
yang menjadi bahasan utama tema MANUSIA the subjects of the main theme PEOPLE in this report,
dalam pelaporan ini, yakni pekerja Pertamina namely Pertamina EP employees and communities
EP dan masyarakat di sekitar lokasi Perusahaan around the Company's operating sites. Other
berkegiatan. Sementara untuk kelompok pemangku stakeholder groups will be presented elsewhere
kepentingan lain, disampaikan pada bagian lain in this report as the compliance with reporting
dalam laporan ini sebagai kelengkapan sesuai guidelines.
panduan pelaporan.
PEKERJA PERTAMINA EP EMPLOYEES OF PERTAMINA EP

Kami terus meningkatkan kemampuan para We continue to improve the employees’ competencies
pekerja untuk mendukung kinerja Pertamina EP to support the performance of Pertamina EP as a
sebagai perusahaan kelas dunia. Dengan demikian world class company. Thus, employees’ productivity
produktivitas pekerja juga diharapkan kian is also expected to increase, along with efforts to
meningkat, seiring upaya mencapai target produksi meet the production targets set by PT Pertamina
yang ditetapkan PT Pertamina (Persero) selaku (Persero) as shareholder.
pemegang saham.
PRODUKTIVITAS PEKERJA
Employee Productivity
Uraian Description 2012 2013 2014

Produksi Minyak Mentah (MBOPD) / Total Pekerja
0.039 0.033 0.030
Crude Oil Production (MBOPD)/Total Employees
Produksi Gas (MMSCFD) / Total Pekerja
0.321 0.281 0.271
Gas Production (MMSCFD)/Total Employees

PELAKSANAAN PROGRAM SDM TAHUN 2014 IMPLEMENTATION OF HR PROGRAM 2014
Melalui Fungsi Human Resources (HR) Services, Through Human Resources (HR) Services Function,
setiap tahun Pertamina EP menyusun program every year Pertamina EP prepares human resources
pengelolaan dan pengembangan SDM. Untuk management and development programs. In 2014,
tahun 2014 seluruh program yang direncanakan all programs have been implemented, so that the
telah dapat dilaksanakan, sehingga pengelolaan human resources management and development
dan pengembangan SDM bisa berlangsung can be carried out continuously.
berkesinambungan.
PROGRAM PIC JAN FEB MAR APR MEI JUN JUL AUG SEP OKT NOV DEC OUTCOME
End year-people review (Performance Performance Assessment
All
Management) Results
KEBERLANJUTAN 2014
Promotion recommendation All Approved UKG-list
KINERJA
3x3 matrix mapping All Approved 3x3 Matrix
• Discussion on Hi-Pot employee Core Hi-Pot list + Action Plan
• Discussion on low-performance Low-Performace list +
Core
employee & Monitoring Action Plan
• Discussion about employee on
Core OJA list + Action Plan
the job assignment
Discussion on Employee Career Path Approved Succession
Core
& Succession Plan Plan
Approved RMJ (Rencana
Discussion on Transfer/Rotation Core
Mutasi Jabatan
Approved yearly hiring/
Man Power Planning/ Staffing All
Staffing Plan for next year
Preparation of Training/Learning Approved training Matrix
Core
Matrix for next yea
Approved individual
Presentation of Individual Training
All Yearly Training Plan for
Plan
next year
Establish and Monitoring Measure
Core Plan VS Actual
process
Kajian dan Implementasi Restrukturi- High Performance Orga-
sasi Pengelolaan SDM (RPSDM) nization
Pengembangan Competency 5R Right Process, People,
Operator Time, Skill, Place

SINERGI MANUSIA, PROSES, TEKNOLOGI DAN LINGKUNGAN HIDUP
Integrated Sustainability Performance Synergy of People, Process, Technology and Environment
PENGEMBANGAN SDM HR DEVELOPMENT

Pengembangan pekerja sebagai SDM telah dimulai Development of employees as human resources
sejak penerimaan pegawai baru. Setiap tahun has begun since the process of new employee
Pertamina EP menerima pegawai baru melalui recruitment. Every year, Pertamina EP recruits new
proses seleksi yang terbuka bagi setiap warga employees through a selection process that is open
negara Indonesia. to every citizen of Indonesia.
Keberadaan pegawai baru dibutuhkan guna The new employees are needed to ensure the
menjamin kelanjutan kegiatan bisnis dan operasional continuation of the business activities and operations
Perusahaan, karena akan menggantikan pegawai of the Company, as they will replace employees
yang pensiun maupun meninggalkan Pertamina who retire or leave Pertamina EP. New employees
EP. Pegawai baru yang telah diterima selanjutnya who have been hired will undergo development
menjalani program pengembangan, sehingga program until they meet the skill and competence
memenuhi persyaratan keahlian dan kompetensi requirements as Pertamina EP employees.
sebagai pekerja Pertamina EP.
Selama tahun 2014, kami telah menyelenggarakan During 2014, we have organized employee
program pengembangan pekerja, meliputi: development programs, including:
1. Bimbingan Profesi Sarjana (BPS), Bimbingan 1. Professional Training for Graduate (BPS), Practical
Praktis Ahli (BPA) dan Bimbingan Kerja Operator Job Training for Specialist (BPA) and Job Training
Produksi Migas (BKOPM). for Oil & Gas Production Operator (BKOPM)
• BPS diselenggarakan bagi calon pekerja • BPS is held for employee candidates of PT
PT Pertamina (Persero) yang berasal dari Pertamina (Persero) from fresh graduate with
fresh graduate Sarjana (S1). Tahun 2014, Bachelor’s Degree (S1). In 2014, there were
terdapat 115 orang peserta BPS PT Pertamina 115 participants BPS PT Pertamina (Persero),
(Persero), yang terdiri dari 111 orang alokasi which consists of 111 people for placement
penempatan di Pertamina EP dan 4 orang allocation at PT Pertamina EP and 4 people
alokasi penempatan di PT Pertamina for placement allocation at PT Pertamina
(Persero). (Persero).
• BPA diselenggarakan bagi calon pekerja • BPA is held for employee candidates of PT
Pertamina EP yang berasal dari fresh graduate Pertamina EP who comes from fresh graduate
Diploma (D3). Tahun 2014, terdapat 30 orang with Associate Degree (D3). In 2014, there were
peserta BPA Pertamina EP. 30 participants of BPA PT Pertamina EP.
• BKOPM diselenggarakan bagi calon pekerja • BKOPM is held for operator candidates of
operator Pertamina EP yang berasal dari PT Pertamina EP from experienced former
ex-tenaga outsourcing berpengalaman di outsourced workers at PT Pertamina EP. In
Pertamina EP. Tahun 2014, terdapat 95 orang 2014, there were 95 participants of BKOPM PT
peserta BKOPM Pertamina EP. Pertamina EP.
Selama 6 - 14 bulan, para peserta program During 6-14 months, the program participants
mendapatkan pembekalan dan On the Job Training receive briefing and On the Job Training for shaping
untuk membentuk pribadi unggul di bidang masing- personal excellence in their respective fields,
masing, ulet, pekerja keras, dan bertanggung jawab. persistent, hardworking, and responsible.
KELAS DAN JUMLAH PESERTA BPS

Classes and Number of BPS Participants
Uraian Description Jumlah peserta Number of Participants

Eksploitasi Exploitation 46
Sumber Daya Manusia Human Resources 9
Teknologi Informasi dan Komunikasi Information & Communication Technology 5
SCM & Layanan Umum SCM & General Services 14
Fasilitas Produksi Permukaan Surface Facilities 21
Keuangan Finance 16
Jumlah Total 111
2. P
enyelenggaraan pendidikan dan pelatihan 2.
The education and training for employees.
bagi para pekerja. Sepanjang tahun 2014, Throughout 2014, Pertamina EP held 26.55
Pertamina EP menyelenggarakan 26.55 learning days, with average 10.04 learning
hari pelatihan, dengan rerata 10.04 hari days per employee. Learning Index in 2014 was
pelatihan per pekerja. Indeks Pelatihan 93.68%, or exceeded the target of 3.68%. [G4-LA9]
(Learning Index) tahun 2014 adalah 93.68
% atau melebihi target sebesar 3.68%.
[G4-LA9]

PROGRAM PENGEMBANGAN KOMPETENSI [G4-LA9]
Competency Development Program
Peserta Participant
BIDANG PELATIHAN Hari Pelatihan
Training Subject Wanita Learning Days
Pria Male Jumlah Total
Female
Operasi Produksi Production Operations 70 0 70 5
Perawatan Sumur Well Service 35 0 35 5
IADC Wellcap 11 0 11 5
H2S 23 1 24 2
Pembobaran (JB III) Drilling (JB III) 35 0 35 7
Pesawat Angkat Crane 92 3 95 2
Juru Las Welder 15 2 17 3
Sea Survival 22 4 26 5
T-BOSIET 54 4 58 3
Fireman (BNSP) 70 0 70 5
Panitia Pengadaan Barang & Jasa (PTK 007)
35 0 35 5
Procurement of Goods & Services Committee (PTK 007)
POD, WP&B, AFE 11 0 11 5
Competency Based Interview 70 0 70 5
Uraian Description 2012 2013 2014

Rerata Hari Pelatihan Per Pekerja
6.83 6.93 10.04
Average Learning Days per Employee
DISTRIBUSI HARI PELATIHAN

Distribution of Learning Days
JUMLAH HARI PELATIHAN PERSENTASE

JENIS PELATIHAN Type of Training
Number of Learning Days Percentage
KEBERLANJUTAN 2014
Inhouse Training Inhouse Training 6,429 46
KINERJA
Sertifikasi Certification 1,355 10
Pelatihan Di Luar Negeri Overseas Training 967 7
Pelatihan Domestik Domestic Training 5,260 37
JUMLAH TOTAL 14,011 100
DISTRIBUSI PESERTA PELATIHAN

Distribution of Training Participants
JUMLAH HARI PELATIHAN PERSENTASE

JENIS PELATIHAN Type of Training
Number of Learning Days Percentage
Pelatihan Inhouse Inhouse Training 1371 47
Sertifikasi Certification 331 11
Pelatihan Di Luar Negeri Overseas Training 103 4
Pelatihan Domestik Domestic Training 1,126 38
JUMLAH TOTAL 2,931 100

ASSET 3 GELAR PELATIHAN SATPAM GADA PRATAMA

Asset 3 Holds Basic Training for Security Guards
Program peningkatan kompentensi bagi para Competency improvement program for employees
pegawai juga ditujukan bagi para personel satuan is also intended for the security guard personnel.
pengamanan (satpam). Hal ini dilakukan oleh The program was held by Pertamina EP Asset 3
Pertamina EP Asset 3 melalui pelatihan dasar through basic training Gada Pratama for Security
Satpam Gada Pratama yang bertujuan untuk guards aiming to improve the human resources
meningkatkan kualitas SDM personel satpam di quality of security guard personnel at Pertamina EP,
Pertamina EP, khususnya Asset 3. Para peserta especially Asset 3. The participants receive various
mendapatkan berbagai materi pelatihan yang training materials that can support their duties in
dapat menunjang tugas-tugas mereka dalam securing the Company's assets, including training
mengamankan aset Perusahaan, di antaranya on human rights and riot handling. [G4-HR7]
mengenai pembekalan hak asasi manusia dan
penindakan huru-hara. [G4-HR7]
Kami juga telah memiliki Talent Management Team We also have a Talent Management Team (TMT). TMT
(TMT). Keberadaan TMT merupakan perangkat bagi is a tool for the management of each function within
pimpinan setiap fungsi di lingkup Perusahaan dan the Company and Human Resources (HR) Function
Fungsi Human Resources (HR), dalam menetapkan to establish employee development programs in line
program pengembangan pekerja yang sejalan with Pertamina EP’s business strategy.
dengan strategi bisnis Pertamina EP.
Secara umum Pertamina EP menerapkan tiga In general, Pertamina EP applies three forms of
bentuk pengembangan SDM bagi para pekerjanya, human resource development for its employees,
meliputi Sistem Pengembangan Kompetensi Teknis; comprising the Technical Competence Development
Dual Career Model and Career Planning Guidelines; System; Dual Career Model and Career Planning
serta Program Kepemimpinan. Guidelines; and Leadership Program.
• Sistem Pengembangan Kompetensi Teknis • Technical Competence Development System
Pada tahun 2014 Pertamina EP meneruskan In 2014, Pertamina EP continued the development
pengembangan piranti lunak assessment of new competencies assessment software,
kompetensi baru, yang mengacu kamus which refers to the competency dictionary of
kompetensi PT Pertamina (Persero) dan praktik- PT Pertamina (Persero) and best practices of
praktik terbaik hulu minyak dan gas (migas). upstream oil & gas. The system automatically
Sistem yang dikembangkan secara otomatis guides each employee to a particular type of
akan mengarahkan setiap pekerja kepada jenis development with particular themes that can
pembinaan dengan tema-tema tertentu untuk support their respective skills and competencies.
mendukung keahlian dan kompetensi masing-
masing.
• Dual Career Model dan Career Planning Dual Career Model and Career Planning
•
Guidelines Guidelines
Pertamina EP memfasillitasi pengembangan Pertamina EP facilitates development of each
potensi setiap pekerja melalui penerapan employee’s potential through the application of a
model dual career, yang memungkinkan dual career model. This model allows a specialist
seorang spesialis dapat mengembangkan to develop a career up to rank equivalent to the
karir hingga setara Vice President (VP) maupun Vice President (VP) and the General Manager
General Manager (GM) pada fungsinya. Kami (GM) at his/her function. We also have Career
juga memiliki Career Planning Guidelines Planning Guidelines as guidance for every
sebagai panduan setiap manajemen fungsi, management of function in determining career
dalam menetapkan pengembangan karir development and competence of employees
dan kompetensi para pekerja sehingga sesuai to meet the needs of the organization and
kebutuhan organisasi maupun pekerja. employees.
• Program Kepemimpinan Leadership Program

•
Untuk menjamin kesinambungan suksesi, To ensure the continuity of the succession,
Pertamina EP mengembangkan kurikulum Pertamina EP developed leadership program
program kepemimpinan yang mengacu curriculum that refers to Pertamina Leader Model
pada Pertamina Leader Model dan beberapa and several other modules. In search of talent
modul lain. Dalam mencari talenta pemimpin, of leaders, we apply three methods of training,
kami menerapkan tiga metode yakni training, coaching & feedback and job assignment.
coaching & feedback dan job assignment.

PROGRAM TRANSFER PENGETAHUAN TRANSFER OF KNOWLEDGE PROGRAM
Upaya lain untuk meningkatkan kompetensi Another effort to enhance the competency of
pekerja dan menciptakan aset pengetahuan yang employees and create knowledge assets that
memberikan value added bagi perusahaan adalah provide added value for the company is to carry out
dengan melaksanakan program knowledge sharing. knowledge sharing program. The materials consist
Materi knowledge sharing terdiri dari pengetahuan of sharing of knowledge that meets the criteria of
atau knowledge yang memenuhi kriteria success success stories, lessons learned, problem solving
story, lesson learned, problem solving dan trouble and troubleshooting. Knowledge sharing program
shooting. Bentuk kegiatannya adalah melalui is conducted through face-to-face between the
kegiatan tatap muka antara narasumber yang speakers who have competencies in a particular
memiliki kompetensi dalam suatu bidang dengan field and the employees.
para pekerja.
Beberapa kegiatan knowledge sharing yang sudah During 2014, knowledge sharing activities that have
dilaksanakan pada tahun 2014 antara lain : been held include:
• Forum Knowledge Management Pertamina • Pertamina Knowledge Management Forum
(KOMET) dengan narasumber Presiden Direktur (KOMET) with speaker President Director on
mengenai Portfolio Pertamina EP Pertamina EP Portfolio
• Forum Sharing Innovation & Improvement • Innovation & Improvement Sharing Forum
• Forum Sharing Development • Development Sharing Forum
• Forum Sharing para Expert dari Direktorat Hulu • Expert Sharing Forum of the Upstream Directorate
untuk GGRP dan Surface Facility for GGRP and Surface Facility
• Collaboration Sharing : Forum Sharing kolaborasi • Collaboration Sharing: Sharing Forum,
bersama Mitra Kerja dan Vendor collaboration with Partners and Vendors
Forum sharing rutin yang dilakukan di seluruh Fungsi Sharing forum is regularly held in all Head Office
Kantor Pusat, Asset, dan Field di Pertamina EP Functions, Assets, and Fields of Pertamina EP
10.39%
REALISASI KPI KNOWLEDGE SHARING
Realization of KPI Knowledge Sharing
KEBERLANJUTAN 2014
KINERJA

PENILAIAN KINERJA PERFORMANCE ASSESSMENT

Penilaian kinerja dilakukan secara objektif, The performance assessment is performed
berdasarkan pertimbangan kolektif pimpinan fungsi objectively, based on the collective judgment of the
dan Perusahaan. Penilaian kinerja dilakukan dalam Company and Function leaders. The performance
kurun waktu satu tahun, berdasarkan pencapaian assessment is conducted within one year and
target individu atas turunan sasaran kerja is based on individual target achievement on
Perusahaan, dan penilaian kompetensi perilaku. the Company’s derivative work objectives and
behavioral competency assessment.
Penilaian kompetensi hard skills (praktik Lapangan) Assessment of hard skills competencies (field
dilakukan secara daring melalui program practices) is done online through Self Assessment for
Self Assessment pekerja di tingkat Lapangan. field employees. Meanwhile, soft skills competencies
Sedangkan untuk mengevaluasi kompetensi soft (managerial & leadership) assessment is performed
skills (manajerial & leadership), digunakan program by using Assessment Center program that refers to
Assessment Center yang mengacu pada Pertamina Pertamina Leaders Model.
Leaders Model.
Strategi dan Rencana Bisnis Menghitung Nilai yang diraih

Business Strategy and Plan Calculating Score achievement
KPI
Reward &
Konsekuensi
Reward &
Consequences
Target &
kesepakatan Kerja
Target &
Dialog Kinerja
Work Agreement
Performance
Dialogue
Tinjauan Pekerja
People Review Pemantauan
Monitoring
Pada akhir evaluasi dan penilaian kinerja, At the end of the evaluation and performance
Perusahaan memberikan promosi jabatan, mutasi/ assessment, the Company provides promotion,
rotasi bahkan demosi kepada pekerja sesuai transfer/rotation even demotion to employees
hasil penilaian. Selama tahun 2014, 885 orang according to the results of assessment. During 2014,
mendapatkan promosi jabatan, yang terdiri dari a total of 885 people received promotion, which
778 pria dan 107 wanita. Sementara 4 orang consisted of 778 men and 107 women. Meanwhile 4
memperoleh sanksi tindakan disiplin berupa Surat persons received sanction of disciplinary measure in
Peringatan. [G4-LA11] the form of warning letters. [G4-LA11]

Dalam proses promosi dan mutasi, pemberitahuan In the promotion and transfer process, the concerned
kepada pekerja bersangkutan dilakukan melalui employees are notified through a decree from the
surat keputusan dari manajemen. Bagi pegawai management. The employees who hold the post of
pada tingkat jabatan asisten manajer/setara ke assistant manager/equivalent rank and above, the
atas, pemberitahuan dilakukan melalui SK Mutasi notification is given through Job Transfer Decree and
dan Surat Mutasi Jabatan. Sedang bagi pegawai Job Transfer Letter. Meanwhile employees at staff
pada tingkatan staf, pemberitahuan melalui Surat levels are notified through Job Transfer Letter. [G4-LA4]
Mutasi Jabatan. [G4-LA4]
Secara berkala para pekerja memberikan penilaian Periodically, employees provide an assessment of
atas kondisi dan ekspektasi mereka melalui their conditions and expectations through employee
employee opinion survey. Hasil survei opini pekerja opinion survey. The result of employee opinion survey
tahun 2014 menghasilkan angka 3,06, sedikit in 2014 was 3.06, a slight decrease compared to the
menurun dibandingkan hasil survei tahun 2013 result of a survey in 2013 of 3.22. The opinion result is
yang sebesar 3,22. Hasil opini menjadi bahan used to develop HR management for improvement
pengembangan dalam pengelolaan HR yang lebih in the future.
baik di masa depan.
SURVEI PENDAPAT PEKERJA (SKALA 5)

Employee Opinion Survey (5 Scale)
URAIAN
2012 2013 2014
Description
Survei Kepuasan Pekerja
3.01 3.22 3.06
Employee Opinion Survey
JAMINAN MANFAAT BAGI PEKERJA EMPLOYEE BENEFIT SECURITY

Kebijakan imbal jasa pekerjaan bagi pekerja Compensation policies for Pertamina EP employees
Pertamina EP, diatur dalam Perjanjian Kerja Bersama are regulated in the Collective Labor Agreement
(PKB) dengan merujuk pada kelaziman di industri (CLA) with reference to the customary in the oil & gas
migas. Tidak ada perbedaan upah pokok antara industry. There is no difference between basic wages
pekerja laki-laki maupun pekerja perempuan. for male workers and female workers.
[G4-LA13] [G4-LA13]
Besaran imbal jasa pekerjaan juga The amount of compensation also considers the
KEBERLANJUTAN 2014
mempertimbangkan jenis-jenis manfaat, yang types of benefits provided by the Company for
diberikan Perusahaan bagi pekerja waktu tidak permanent employees and contract employees. In
tertentu dan pekerja waktu tertentu. Secara umum general, the amount of compensation received by
KINERJA
besaran imbal jasa pekerjaan terendah yang employees of the lowest job at Pertamina EP in 2014
diterima pegawai Pertamina EP pada tahun 2014, was still higher than the minimum wage in 2014 in
tetap lebih besar dibandingkan upah minimum the local area. [G4-LA2] [G4-EC5]
tahun 2014 di daerah setempat. [G4-LA2] [G4-EC5]

MANFAAT UNTUK PEKERJA [G4-LA2]

Benefit for Employee
JENIS MANFAAT Pekerja Waktu Tidak Tertentu Pekerja Waktu Tertentu

Benefit for Employee Permanent Employee Contract Employee
Upah Kerja Lembur Overtime Fee √ √
Tunjangan Kesehatan Health Allowance √ √
Asuransi Jiwa Life Insurance √ √
Tunjangan Kehamilan Maternity Allowance × ×
Tunjangan Pensiun Pension Benefit √ ×
Tunjangan Hari Raya Religious Holiday Allowance √ √
Istirahat Tahunan Annual Leave √ ×
Insentif Tahunan Annual Incentive √ √
Keterangan: √ (Ada); × (Tidak Ada) Description: √ (Available); × (Not available)
Secara berkala, Perusahaan bersama serikat Periodically, the Company together with workers
pekerja sebagai perwakilan pekerja melakukan union as employee representative review the
peninjauan atas kebijakan imbal jasa pekerjaan. compensation policies. The review upholds internal
Peninjauan kembali mengedepankan prinsip equity principle and pay attention to manpower
berkeadilan (internal equity) dan memperhatikan regulations, market conditions, as well as the
peraturan ketenagakerjaan, kondisi pasar, serta Company's financial capability.
kemampuan finansial Perusahaan.

Kami berusaha menciptakan paket remunerasi yang We strive to create a competitive, attractive and
kompetitif, atraktif dan retainable di lingkungan retainable remuneration package, in the companies
KEBERLANJUTAN 2014
perusahaan kontrak karya kerjasama (KKKS) SKK under production sharing contract (PSC) of SKK
Migas. Setiap tahun, Pertamina EP berpartisipasi Migas. Every year, Pertamina EP participates in
dalam Indonesian (Oil & Gas) Industry Compensation the Indonesian (Oil & Gas) Industry Compensation
KINERJA
Survey (IICS). Hasil survei selanjutnya dievaluasi Survey (IICS). The survey results are then evaluated
untuk mengetahui posisi remunerasi Pertamina EP. to determine the position of Pertamina EP’s
Kebijakan lain terkait pemberian imbal jasa remuneration. Other policies on the compensation
pekerjaan bagi pekerja selama tahun 2014, adalah: for employees during 2014, are:
1. Penyesuaian terhadap total cash melalui 1. Adjustment to total cash through the merit
mekanisme merit increase; increase mechanism;
2. Pemberian reward baik secara in-kind atau cash 2. Reward of both in-kind or cash to individuals or
terhadap individu ataupun field; field;
3. Penganggaran biaya tenaga kerja terkait cost & 3. Budgeting of employment costs regarding cost &
benefit untuk tahun anggaran 2015; benefit for fiscal year 2015;
4. Persiapan alignment single grade remuneration 4. Preparation of single grade remuneration
dengan PT Pertamina (Persero). alignment with PT Pertamina (Persero).
Perusahaan memberikan fasilitas cuti melahirkan The Company provides facilities of maternity leave
bagi pegawai perempuan dan cuti ibadah haji for female employees and hajj pilgrimage leave for
bagi pegawai beragama Islam. Pemberian cuti Muslim employees. The types of leave are provided
tersebut disertai jaminan penempatan kembali with a guarantee of reemployment to their current
pada jabatan semula serta pemberian seluruh position as well as all rights to employees during the
hak kepada pekerja selama cuti. Lama waktu cuti leave. The period of maternity leave is 90 calendar
melahirkan adalah 90 hari kalender, sementara cuti days, while hajj pilgrimage leave is in accordance
ibadah haji sesuai ketentuan Pemerintah ditambah with the Government provisions plus three (3) days to
3 (tiga) hari untuk melaksanakan manasik. Selama carry out the ritual rehearsals. During 2014, several
tahun 2014 terdapat beberapa pekerja perempuan female employees took maternity leave and 31
menjalani cuti hamil dan 31 pekerja mengambil cuti employees took hajj pilgrimage leave. [G4-LA3]
ibadah haji. [G4-LA3]

KESEHATAN, KESELAMATAN, KEAMANAN DAN LINGKUNGAN (HSSE)

Health, Safety, Security And Environment (HSSE)
Sebagai perusahaan di sektor hulu migas, kegiatan As a company in the upstream oil & gas sector,
operasi Pertamina EP memiliki risiko tinggi terhadap Pertamina EP's operations have a high risk of threats
ancaman gangguan kesehatan dan keselamatan to occupational health and safety (OHS), security
kerja (K3), keamanan serta lingkungan. Karenanya and the environment. Therefore, the safety of
keselamatan kegiatan operasi fundamental fundamental operations must be complied with and
menjadi hal yang harus dipatuhi dan dilaksanakan implemented by the employees, including partner
para pekerja. Termasuk pekerja perusahaan mitra, companies’ workers, both under Technical Assistant
baik kemitraan Technical Assistant Contract (TAC) Contract (TAC) and the Joint Operation (KSO).
maupun Kerjasama Operasional (KSO).
KEBIJAKAN QHSSE QHSSE POLICY

Sejalan upaya menjadi perusahaan kelas dunia, In line with efforts to become a world class company,
Pertamina EP melakukan perbaikan berkelanjutan Pertamina EP undertakes continuous improvement
segala hal yang berkaitan dengan K3, keamanan on all matters relating to OHS, security and
serta lingkungan. environment.
Perusahaan mengelola perihal kesehatan dan The Company manages occupational health
keselamatan kerja, keamanan serta lingkungan and safety, security and the environment through
melalui Fungsi Health, Safety, Security and Function of Health, Safety, Security and Environment
Environment (HSSE). Selanjutnya Fungsi HSSE (HSSE). HSSE function ensures every employee is
memastikan setiap pekerja bertanggung jawab responsible for the achievement of operational
terhadap pencapaian operation excellence. excellence.
• Komitmen • Management • Penilaian awal • Initial assessment

Manajemen Commitment • Peraturan • Regulation
• Keteladanan • Examplary Perundangan • Guideline and
• Peran & • Role & • Pedoman & Standar standard
Akuntabilitas Accountability • Tujuan & Sasaran • Goal and target
• Program kerja • Work Program
Kebijakan HSE Perencanaan
HSE Policy Planning
Visi, Misi dan

• Implementasi 14
Tata Nilai Elemen SMSHSE
Unggulan PERBAIKAN BERKELANJUTAN Penerapan
• Implementation
Vision, Mission, CONTINOUS IMPROVEMENT Implementation of 14 SMSHSE
and Core Values Elements
Penelahaan Pemeriksaan
Manajemen & Tindak Koreksi
Management Audit &
Review Correction • Audit internal & Eksternal
• Pelaporan
• Internal & External Audits
• Reporting
Kami terus meningkatkan kesadaraan dan We continue to enhance the awareness and
implementasi pengelolaan HSSE. Pada tahun implementation of HSSE management. In 2014,
2014 Pertamina EP menerapkan Kebijakan Quality, Pertamina EP implemented Quality, Health, Safety,
Health, Safety, Security and Environment (QHSSE) Security and Environment (QHSSE) policys with the
dengan objektif: Nihil insiden dan risiko keamanan objective: Zero incidents, manageable security risks
yang terkelola, serta mutu yang terpercaya sesuai and reliable quality according to QHSSE aspects.
aspek QHSSE.
Kebijakan QHSSE ditetapkan Presiden Direktur. The QHSSE policy was established by President
Kebijakan QHSSE harus dilaksanakan dan ditaati Director. QHSSE policy must be implemented and
Direksi, pekerja, mitra kerja Pertamina EP serta mitra complied by Directors, employees, partners of
usaha/penyedia barang dan jasa. Pertamina EP as well as business partners/vendors
of goods and services.

KEBIJAKAN QUALITY, HEALTH, SAFETY, SECURITY, AND ENVIRONMENT
Policy of Quality, Health, Safety, Security, and Environment
OBYEKTIF OBJECTIVE
Nihil Insiden dan resiko keamanan yang terkelola Zero incidence, manageable security risk and
serta mutu yang terpercaya sesuai aspek QHSSE reliable quality in accordance with QHSSE aspect
OBJECTIVE
TUJUAN To protect and to secure everyone, the
Melindungi dan mengamankan setiap orang, Company's assets, clean and confidential
aset perusahaan, data perusahaan yang bersih corporate data, environment, and the
dan rahasia, lingkungan dan komunitas sekita surrounding community from the hazard related
dari bahaya yg berhubungan dengan kegiatan with the activities of Pertamina EP and business
Pertamina EP dan mitra usaha/penyedia barang partners / goods and services vendors.
dan jasa
KOMITMEN COMMITMENT
1. Patuh 1. Compliance
Mematuhi peraturan perundangan dan Comply with regulation and QHSSE standard
standar QHSSE 2. Integration
2. Integrasi Integrate and implement QHSSE aspect
Mengintegrasikan dan mengimplementa- in every activities in accordance with best
sikan aspek QHSSE dalam setiap kegiatan engineer practice
operasi sesuai dengan best engineer practice 3. Training
3. Latihan Improve understanding and competence of
Meningkatkan pemahaman dan kompetensi the employee through dissemination and
pekerja melalui sosialisasi dan pelatihan training
4. Improvement 4. Improvement
Meningkatkan penerapan aspek QHSSE Improve implementation of QHSSE
secara konsisten komprehensif dan aspects consistently, comprehensively, and
berkesinambungan continuously
5. Harmonis 5. Harmony
Menciptakan dan memelihara hubungan Build and maintain sustainable harmonious
harmonis yang berkelanjutan dengan relationship with stakeholders and
pemangku kepentingan dan lingkungan environment through customer satisfaction
melalui pemenuhan kepuasan pelanggan fulfillment and community development
dan pengembangan masyarakat 6. Assessment and reward
KEBERLANJUTAN 2014
6. Penilaian & penghargaan Make QHSSE performance as part of
Menjadikan kinerja QHSSE dalam penilaian assessment and reward for employee and
dan penghargaan pekerja dan mitra kerja partners
KINERJA
Penerapan Kebijakan QHSSE ditindaklanjuti semua QHSSE Policy Implementation was followed up by
pihak di Pertamina EP, termasuk Asset dan Proyek, all parties at Pertamina EP, including Assets and
dengan menandatangani komitmen Peta Jalan Nihil Projects, by signing the commitment of Roadmap to
Kecelakaan (Road Map to Zero Accident). Dengan Zero Accident. This commitment is expected to build
komitmen ini diharapkan membawa perubahan a culture in terms of health, safety, and security at
budaya dalam hal kesehatan, keselamatan dan work, and preserve the surrounding environment and
keamanan dalam bekerja, serta tetap menjaga production quality.
kelestarian lingkungan sekitar maupun kualitas
produksi.
Kami juga melanjutkan upaya pencapaian We are also continuing efforts to achieve operational
operational excellence dengan pemenuhan excellence by meeting the fundamental operating
keselamatan operasi fundamental, yang meliputi safety, which consist of seven aspects:
tujuh aspek: • Entry control;
• Kontrol masuk; • Safe Work Permit (SIKA);
• Surat Izin Kerja Aman (SIKA); • Personal protective equipment (PPE);
• Alat pelindung diri (APD); • Job Safety Analysis (JSA);
• Analisis Keselamatan Kerja atau Job Safety Analysis • Log Out Tag Out (LOTO);
(JSA); • Material Safety Data Sheet (MSDS);
• Log Out Tag Out (LOTO); • Housekeeping.
• Material Safety Data Sheet (MSDS);
• Housekeeping.

Menyadari besarnya risiko ancaman gangguan Recognizing the high risk of occupational health and
kesehatan kerja dan keselamatan kerja yang safety problems faced by employees, the Company
dihadapai para pekerja, Perusahaan bersama and the workers union have incorporated topics on
serikat pekerja telah mencantumkan bahasan HSSE in the Collective Labor Agreement (CLA). The
terkait HSSE dalam Perjanjian Kerja Bersama (PKB). discussion about OHS is presented in Chapter IV of
Pembahasan tentang K3 tersaji dalam Bab IV PKB, the CLA, including: [G4-LA7] [G4-LA8]
meliputi: [G4-LA7] [G4-LA8] 1. Article 39 on General issues;
1. Pasal 39 tentang Umum; 2. Article 40 on Occupational Safety;
2. Pasal 40 tentang Keselamatan Kerja; 3. Article 41 on the Work Equipment;
3. Pasal 41 tentang Perlengkapan Kerja; 4. Article 42 on Work Accident.
4. Pasal 42 tentang Kecelakaan Kerja.
STANDARISASI INTERNASIONAL HSSE [G4-15] HSSE INTERNATIONAL STANDARDIZATION [G4-15]

Upaya lain terkait pelaksanaan Kebijakan QHSSE Another effort regarding the implementation of
adalah penerapan standar internasional ISRS7.Pada QHSSE Policy is the application of international
16 Mei 2014, Pertamina EP berhasil memperoleh standards of ISRS7. On May 16, 2014, Pertamina
sertifikat ISO 9001:2008 (Quality Management EP managed to earn ISO 9001:2008 (Quality
System), ISO 14001:2004 (Environmental Management System), ISO 14001:2004
Management System) dan OHSAS 18001:2007 (Environmental Management System) and OHSAS
(Occupational Health & Safety Management System) 18001:2007 (Occupational Health & Safety
dari BSI. Sertifikasi ini terintegrasi dan berlaku untuk Management System) from BSI. These certifications
seluruh Lapangan beserta fasilitas produksi di area are integrated and apply to all Fields along with
operasi Pertamina EP. production facilities in the operating areas of
Pertamina EP.
Sesuai dengan Memorandum Direktur Utama In accordance with the Memorandum of President
No, 008/C00000/2014-S0 Tanggal 8 Maret 2014 Director No. 008/C00000/2014-S0 dated March
tentang Road Map Pertamina menuju HSSE Excellent 8, 2014 on Pertamina towards HSSE Excellence
salah satu nya dengan menggunakan skore indikator Roadmap, the target has been set by using the
ISRS7, target sesuai dengan gambar di bawah: indicator score of ISRS7, as described in the picture
below:
Hasil Audit ISRS 7 (level minimum)

Anak Perusahaan Result of ISRS 7 Audit (Minimum Level)
Subsidiary
2014 2015 2016 2017 2018 2019 2020 2020
Pertamina EP 4 4 4 5 5 6 6 7
Note : Target maksimal tahun 2021, pengelolaan aspek HSE telah mencapai level excellent di seluruh anak perusahaan
Direktorat Hulu
Maximum target by 2021, HSE management will have reached excellent level at all subsidiaries of Upstream Directorate
Sehingga sampai dengan tahun 2014 ada 14 Up to 2014, a total of 14 Fields of Pertamina EP have
Lapangan di Pertamina EP yang telah mendapatkan been certified by the International Sustainability
sertifikasi International Sustainability Rating System Rating System (ISRS) 7th Edition. The independent
(ISRS) 7th Edition. Penilaian secara independent telah assessment has been conducted since 2011 by DNV
dilakukan sejak tahun 2011 oleh Badan Sertifikasi Certification Board, with the following results:
DNV, dengan hasil: 1. Highest rating was Rantau Field with score 6;
1. Peringkat tertinggi Lapangan Rantau dengan 2. Lowest rating was Jambi, Lirik, Limau, Cepu,
nilai 6; Tanjung fields with score 3.
2. Peringkat terendah Lapangan Jambi, Lirik,
Limau, Cepu, Tanjung dengan nilai 3.
Untuk akselerasi implementasi ISRS7 di Tahun 2015 In order accelerate the implementation of ISRS7
agar pencapaiannya sesuai dengan Road Map in 2015, so that the achievement is in accordance
Pertamina menuju HSSE Excellent, salah satunya with the Pertamina towards HSSE Excellence
adalah dengan integrasi Sistem Manajemen Roadmap, including the integration of Pertamina
Pertamina EP dimana pemenuhan requirement EP Management System, in which the compliance
ISRS7 dibangun secara Top Down dan dengan with ISRS7 requirements is built Top Down and by
melakukan internal assessment terhadap ISRS7 di conducting an internal assessment on ISRS7 in 2015.
Tahun 2015.

APRESIASI PENERAPAN KESELAMATAN OPERASI APPRECIATION FOR OPERATIONSAL SAFETY
SEBAGAI SALAH SATU ELEMEN OPERATIONAL APPLICATION AS AN ELEMENT OF OPERATIONAL
EXCELLENCE EXCELLENCE
Perusahaan secara internal melakukan penilaian The Company internally performs assessments
serta apresiasi kepada Lapangan-Lapangan and giving appreciation to the Fields that have
yang telah menerapkan Operational Excellence. implemented Operational Excellence. In 2014
Khusus pada tahun 2014 telah dilakukan penilaian particularly, assessment has been performed on
terhadap sub elemen keselamatan operasi yaitu the operational safety sub-element, which was
keselamatan operasi fundamental. Ada tiga fundamental operation safety. There were three
aspek yang diberi penilaian terkait keselamatan aspects that were assessed on the fundamental
operasi fundamental yaitu : pemahaman, sarana operation safety, namely understanding, support
pendukung dan pelaksanaannya. facilities and implementation.
Hasil pengujian (assessment) dan penilaian The assessment and evaluation results are expressed
dinyatakan dalam bentuk skala 0-5. Dari hasil in the scale 0 to 5. The assessment and evaluation
pengujian dan penilaian selama tahun 2014, results in 2014 have shown an increase in awareness
diketahui telah terjadi peningkatan kesadaran of the importance of fundamental operation safety
pentingnya pelaksanaan keselamatan operasi implementation. If in the previous period there were
fundamental. Bila pada periode sebelumnya tidak no fields that scored 3, then in 2014 there were four
ada Lapangan yang memperoleh nilai 3, maka fields/facilities that earned score above 3 and was
pada tahun 2014 ada empat Lapangan/Fasilitas awarded 'Best Implementation of Fundamental
yang mengantongi nilai di atas 3 dan mendapatkan Operation Safety'.
penghargaan “Implementasi Terbaik Keselamatan
Operasi Fundamental”.
Optimalisasi produksi dengan tetap fokus kepada Production optimization of by remaining focused
keselamatan operasi dan kehandalan fasilitas on operational safety and reliability of production
produksi sesuai dengan kaidah–kaidah Operational facilities in accordance with the principles of
Excellence : Operational Excellence:
• Keselamatan operasi yang lebih baik (Zero • Better safety operations (Zero uplanned Shutdown;
uplanned Shutdown; Zero Fatality; Zero Spill) Zero Fatality; Zero Spill)
• Optimalisasi produksi tercapai • Achievement of production optimization
• Kehandalan fasilitas produksi yang lebih baik •
better production facility reliability (Reliability
(Reliability factor 95%) factor 95%)
HASIL PENILAIAN KESELAMATAN OPERASI FUNDAMENTAL

Results of Fundamental Operation Safety Assessment
KEBERLANJUTAN 2014
Lokasi Site Skor
KINERJA
Asset Lapangan Field Fasilitas Facility Score
Asset 1 Rantau HPCS 3.74

Pendopo SPG Musi Barat 3.81
Asset 2
Limau SP2 3.20
SP Cicauh 3.40
Asset 3 Subang
SP Bajongraong 3.35
KRITERIA OPERATIONAL EXCELLENCE: OPERATIONAL EXCELLENCE CRITERIA:

• Tanpa kecelakaan kerja; • Zero accident;
• Ramah lingkungan: zero discharge, zero • Environmentally friendly including zero
flaring, dan melaksanakan konservasi discharge, zero flaring and energy
energi; conservation;
• Tanpa gangguan operasional; • Uninterrupted operations;
• Tanpa penyakit akibat kerja. • Zero occupational disease.

PENGHARGAAN NIHIL KECELAKAAN UNTUK LAPANGAN JATIBARANG

Zero Accident Award for Jatibarang Field
Lapangan Jatibarang Asset 3 menerima Jatibarang Field, Asset 3, received the Zero
Penghargaan Kecelakaan Nihil (Zero Accident Accident Award from the Ministry of Manpower
Award) dari Kementrian Tenaga Kerja dan and Transmigration. The award is given based
Transmigrasi. Penghargaan diberikan berdasarkan on recommendation from Evaluation Team of
rekomendasi Tim Evaluasi Dinas Tenaga Kerja Manpower Agency of Indramayu Regency, West
(Disnaker) Kabupaten Indramayu, Tim Evaluasi Java Province, and Ministry Award Evaluation Team.
Disnaker Provinsi Jawa Barat dan Tim Evaluasi [G4-LA6]
Penghargaan Kementerian. [G4-LA6]
Beberapa program keselamatan kerja yang telah Some occupational safety programs that have been
diterapkan di Lapangan Jatibarang yaitu Program implemented in Jatibarang Field namely Road to
Road to Zero Accident; penerapan Contractor Zero Accident Program; application of Contractor
Safety Management System (CSMS); promosi dan Safety Management System (CSMS); HSE promotion
sosialisasi HSE; pelaksanaan inhouse training HSE, and dissemination; implementation of HSE inhouse
Optimalisasi PEKA Online; serta penerapan HSE training, PEKA Online Optimization; as well as
Passport dan HSE Online Survey. application of HSE Passport and HSE Online Survey.
KINERJA KESELAMATAN KERJA SAFETY PERFORMANCE

Komitmen mencapai nihil kecelakaan telah Commitment to achieve zero accident has
meningkatkan kinerja keselamatan kerja increased the Company's safety performance
Perusahaan selama tahun 2014. Total jam kerja during 2014. Total safe working hours in 2014
selamat pada tahun 2014 adalah 88.455.377 jam were 88,455,377 safe working hours, an increase
kerja selamat, meningkat dibanding tahun 2013 compared to 87,694,324 safe working hours in 2013.
sebanyak 87.694.324 jam kerja selamat. Sementara Meanwhile, total work accidents in 2014, consisting
total angka kecelakaan kerja pada tahun 2014, of 44 mine accidents, an increase compared to 38
yakni kecelakaan tambang ada 44 peristiwa, mine accidents in 2013, but the number of severe
mengalami kenaikan dibanding tahun 2013 and fatal accidents showed a downward trend.
sebanyak 38 peristiwa kecelakaan tambang, namun [G4-LA6] [OG13]
jumlah kecelakaan berat dan fatal menunjukkan
trend yang menurun. [G4-LA6] [OG13]
JAM KERJA SELAMAT [G4-LA6]

Safe Working Hours
URAIAN
2012 2013 2014
Description
Jam Kerja Selamat
76,639,666 87,694,324 88,455,337
Safe Working Hours
KECELAKAAN KERJA [G4-LA6]

Work Accident
Kecelakaan Tambang
2012 2013 2014
Mine Accident
Ringan Minor 11 26 29
Sedang Injury 2 6 13
Berat Major 4 4 2
Fatal Fatal 0 2 0
JUMLAH Total 17 38 44

INSIDEN KEBAKARAN
Fire Incident
URAIAN Description 2012 2013 2014

Jumlah Insiden Kebakaran (Kerugian < USD10.000)
6 10 5
Number of Fire Incidents (Losses) < USD10,000
Pertamina EP juga telah menindaklanjuti temuan Pertamina EP also has followed up the findings of
kondisi tidak aman (unsafe condition) dan tindakan unsafe conditions and unsafe actions that were
tidak aman (unsafe action) yang teridentifikasi identified in 2014 through the implementation of
pada tahun 2014 melalui penerapan mekanisme Online Occupational Safety Monitoring Mechanism
Pengamatan Keselamatan Kerja (PEKA) Online. ('PEKA'). We continued the effort to reduce
Kami terus berupaya menurunkan keberadaan the unsafe conditions in order to minimize the
kondisi tidak aman guna meminimalkan terjadinya occurrence of conditions and working environment
kondisi dan lingkungan kerja yang membahayakan that endanger the safety and health of employees.
keselamatan maupun kesehatan para pekerja. In 2014, participation of employees and Partners in
Pada tahun 2014 partisipasi Pekerja dan Mitra Kerja PEKA reporting as well as follow-up completion rate
dalam pelaporan PEKA serta tingkat penyelesaian of PEKA report increased.
tindak lanjut laporan PEKA mengalami peningkatan.
URAIAN Description 2013 2014

Jumlah Partisipasi dalam PEKA Number of Participants in PEKA 16,035 22,008
Tingkat Penyelesaian Laporan PEKA Completion Rate of PEKA Report 41% 60%
KEBAKARAN SUMUR MINYAK TUA

Old Oil Well Fires
Pada tanggal 25 November 2014, peristiwa On November 25, 2014, a fire occurred again in the
kebakaran terjadi lagi di pengeboran minyak traditional oil drilling in old oil wells, in Wonocolo
tradisional di sumur minyak tua, di Desa Wonocolo, Village, Kedewan District, Bojonegoro Regency.
Kecamatan Kedewan, Kabupaten Bojonegoro. Pertamina EP Asset IV immediately sent a letter of
Pihak Pertamina EP Asset IV langsung melayangkan reprimand to the management, the Village Unit
surat teguran kepada pengelola, yakni Koperasi Unit Cooperative ('KUD') Usaha Jaya Bersama ('UJB')
Desa (KUD) Usaha Jaya Bersama (UJB) dan mitranya and its partner PT Cepu Sakti Energi ('CSE'). The
PT Cepu Sakti Energi (CSE). Insiden kebakaran fire caused approximately 4,000 liters of crude oil
KEBERLANJUTAN 2014
mengakibatkan sekitar 4.000 liter minyak mentah burned and damage to mechanical equipment. It
terbakar serta kerusakan alat mekanik. Hal ini was suspected to stem purely from the negligence
KINERJA
ditengarai murni akibat kelalaian pengelola sumur of the management of traditional oil wells formerly
minyak tradisional peninggalan kolonial Belanda owned by Dutch colonial government. Upon this
tersebut. Atas terjadinya hal ini, pengelolaan sumur incident, the old well management was planned
tua tersebut direncanakan akan dikelola langsung to be managed directly by the regional-owned
oleh Badan Usaha Milik Daerah (BUMD) Kabupaten enterprise ('BUMD') of Bojonegoro Regency in 2017.
Bojonegoro, pada tahun 2017 nanti.
KINERJA KESEHATAN KERJA OCCUPATIONAL HEALTH PERFORMANCE

Aspek lain yang menjadi perhatian Perusahaan Another aspect that becomes the Company’s
dalam penerapan HSSE adalah kesehatan kerja. concern in the HSSE application is occupational
Kesehatan kerja Pertamina EP terbagi menjadi dua health. Pertamina EP’s occupational health is divided
bagian, yaitu kinerja kesehatan yang ditangani oleh into two parts, health performance handled by HSSE
HSSE terkait kegiatan preventif, promotion, dan related to prevention, promotion, and assessment,
assessment, serta kinerja kesehatan yang ditangani as well as health performance that is handled by
oleh bagian Medical Pertamina EP. Medical department of Pertamina EP.
Selama tahun 2014 Fungsi HSSE Pertamina EP telah During 2014 HSSE function of Pertamina EP has
mengalokasikan biaya sebesar USD184.437 untuk allocated USD184,437 for the industrial health
keperluan kesehatan industri. Jumlah tersebut 2,28% purposes. The amount was 2.28% of total RKAP 2014
dari total RKAP 2014 bagi pengelolaan kesehatan for occupational health management, including
kerja, meliputi evaluasi dan kajian, pengukuran evaluation and review, measurement of potential
potensi bahaya kesehatan pada lingkungan kerja health hazards in the working environment at the
di Field dan pemboran, pembuatan promosi baik Fields and drilling sites, promotion creation through

melalui media cetak maupun elektronik, pelatihan print and electronic media, in-house training
– pelatihan yang dilakukan secara in house serta programs as well as dissemination.
sosialisasi.
Pada tahun 2014, kegiatan monitoring kesehatan In 2014, work environment health monitoring
lingkungan kerja mengacu hasil baseline assessment activities referred to the results of industrial hygiene
industrial hygiene yang telah dilakukan pada tahun baseline assessment that has been conducted in
2013. Antara lain adalah : 2013. Among others are:
1. Pengendalian Bahaya Benzene. Upaya yang 1.
Control of Benzene Hazard. Efforts undertaken
dilakukan adalah : are:
a. Identifikasi sumber – sumber BTX dan a. Identification of BTX sources and attempt to
diupayakan pembenahan open source reorganize open source to Asset Holder.
tersebut ke Asset Holder. b. Improvement of employees’ awareness of
b. Peningkatan pemahaman pekerja terkait Benzene hazards by conducting dissemination
bahaya Benzene dengan melaksanakan and issuance of leaflets about the dangers of
sosialisasi dan penerbitan leaflet tentang benzene.
bahaya benzene. c. Improvement of PPE worn by Employees.
c. Pembenahan APD yang digunakan oleh d. Monitoring all fields according to the level of
Pekerja. hazard potential with reference to the results
d. Pelaksanaan Monitoring ke seluruh Field of the baseline assessment 2013. A total of 19
sesuai dengan potensi bahaya yang tinggi Fields have carried out working environment
mengacu hasil baseline assessment 2013. health monitoring.
Sehingga 19 Field telah melaksanakan
monitoring kesehatan lingkungan kerja.
PENGELOLAAN KESEHATAN KERJA 2014 MANAGEMENT OF OCCUPATIONAL HEALTH

Pada tahun 2014, kami juga melakukan program- 2014
program sebagai berikut : In 2014, we also carried out the following programs:
a. Peningkatan kenyamanan pada fasilitas a. Increased convenience in operating support
penunjang operasi yang berupa: facilities in the form of:
• Penilaian kondisi fasilitas sanitasi pada • Assessment on sanitation facility conditions
kegiatan pemboran, yang selesai at drilling sites, which was completed on June
dilaksanakan pada 13 Juni 2014 bekerjasama 13, 2014 in collaboration with the University of
dengan Universitas Indonesia. Indonesia.
• Penilaian pemenuhan gizi pada kegiatan • Assessment on nutrition program at drilling
pemboran, yang selesai dilaksanakan pada sites, which completed on June 13, 2014 in
13 Juni 2014 bekerjasama dengan Universitas collaboration with the University of Indonesia.
Indonesia. • Standardization of sanitation and nutrition in
• Pembuatan standardisasi sanitasi dan gizi offshore drilling and production operations,
pada kegiatan pemboran dan kegiatan which completed on June 13, 2014 in
operasi produksi offshore, yang selesai collaboration with the University of Indonesia.
dilaksanakan pada 13 Juni 2014 bekerjasama • Audit on canteens at Jambi, Sangasanga,
dengan Universitas Indonesia. Ramba, Tarakan and Adera Fields.
• Audit Kantin Milik di Field Jambi, Sangasanga,
Ramba, Tarakan dan Adera.
b. Program peningkatan kesadaran aspek b.
Program to raise awareness of occupational
kesehatan kerja berupa: health aspects such as:
• Pembuatan dan pemasangan leaflet dan • Making and posting of leaflets and posters of
poster kesehatan kerja di Kantor Pusat dan occupational health at Head Office and all
seluruh Field yang selesai dilaksanakan pada Fields, which completed on July 4, 2014.
4 Juli 2014. • Making boxes for booklets/leaflets at the
• Pembuatan kotak booklet/leaflet di Kantor Head Office, which completed on May 16,
Pusat yang selesai dilaksanakan pada 16 Mei 2014.
2014. • Broadcasting routine occupational health on
• Pembuatan broadcast kesehatan kerja rutin Pertamina intranet.
di intranet Pertamina. • Writing health article about the dangers of
• Pembuatan artikel kesehatan kerja tentang benzene which was published in the Energia
bahaya benzene yang diterbitkan di Majalah magazine 8th edition, 2014.
Energia edisi 8 tahun 2014.
c. Program peningkatan kesiapsiagaan terhadap c.
Program to improve emergency preparedness:
tanggap darurat: Pelatihan first aider level 2 Training of level 2 first aider for the Head Office
untuk Kantor Pusat sebanyak 4 batch yang of 4 batches, held on November 17 to 20, 2014 in
diselenggarakan pada tanggal 17-20 November collaboration with SOS International. The training
2014 bekerja sama dengan SOS International. was attended by 37 participants.
Pelatihan ini dihadiri oleh 37 peserta.

d. Program ergonomi yaitu pembuatan dan d. Ergonomics program, which is development and
penerapan aplikasi work breakdown system application of work breakdown structure (WBS)
(WBS) yang diaplikasikan di seluruh user pada 31 system at all users on December 31, 2014.
Desember 2014.
e. Program pemantauan area lingkungan kerja e. Working environment area monitoring program
berupa: such as:
• Penyusunan STK Area Monitoring yang selesai • Preparation of the Monitoring Area STK
dilaksanakan pada 1 Agustus 2014 completed on August 1, 2014
• Pemantauan area lingkungan kerja di pilot • Working environment area monitoring at the
area pemboran pada tanggal 9-13 Juni 2014 pilot drilling area on June 9 to 13, 2014 in
bekerja sama dengan Universitas Indonesia. collaboration with the University of Indonesia.
• Pemantauan area lingkungan kerja di Kantor • Working environment area monitoring at Head
Pusat pada tanggal 4-11 Agustus 2014 Office on August 4 to 11 2014 in collaboration
bekerja sama dengan PT Petrolab with PT Petrolab
• Pemantauan area lingkungan kerja di 18 Field • Working environment area monitoring at 18
pada tanggal 22 September-28 Nopember Fields on September 22 to November 28,
2014 bekerja sama dengan PT Petrolab. 2014 in cooperation with PT Petrolab.
f. Program peningkatan kompetensi kese- f.
Programs to enhance occupational health
hatan kerja bagi pekerja yaitu dengan competencies for employees by sending HSE
mengikutsertakan pekerja HSE pada Training personnel to HIMU Training of 2 batches in
HIMU sebanyak 2 batch bekerjasama dengan cooperation with the Corporate HSE on March 24
HSE Korporat pada tanggal 24-28 Maret 2014 to 28, 2014 and August 25 to 29, 2014.
dan tanggal 25-29 Agustus 2014.
Selain itu, untuk mendukung pengelolaan kesehatan In addition, to support the management of
kerja bagi pekerja, Pertamina EP telah melengkapi occupational health for workers, Pertamina EP has
setiap Lapangan dengan fasilitas kesehatan yang equipped each field with a health facility consisting
terdiri atas: of:
• Kotak P3K 1. First Aid Kit
• Klinik (tenaga medis dan paramedis internal 2. Clinic (internal or regular medical and
atau langganan) paramedical personnel)
• Pelatihan First Aider 3. First Aider Training
Realisasi biaya pengobatan tahun 2014 sebesar Rp Realization of medical expenses in 2014 amounted
49,27 miliar, yang terdiri dari Rp18,29 miliar untuk to IDR49.27 billion which consist of IDR18.29 billion
pekerja dan Rp30,98 miliar untuk I/S/A. Jumlah for employees and IDR30.98 billion for I/S/A. The
tersebut merupakan 37% dari total anggaran amount represents 37% of the total Medical budget
Medical tahun 2014. 2014.
KEBERLANJUTAN 2014
Secara berkala juga dilakukan pemeriksaan Medical examinations are also periodically
kesehatan kepada setiap pekerja, terutama bagi conducted for all employees, especially those who
KINERJA
yang memiliki risiko tinggi gangguan kesehatan kerja have a high risk of occupational health problems
maupun penyakit akibat kerja. Tujuan pemeriksaan or occupational diseases. The purpose of medical
kesehatan adalah mendeteksi secara dini ada examination is for early detection of illness, so
tidaknya penyakit yang diderita sehingga dapat that necessary medical procedure can be done
segera dilakukan tindakan medis diperlukan. [G4-LA7] immediately. [G4-LA7]
JENIS PENYAKIT DOMINAN PEKERJA DAN UPAYA TINDAKAN MEDIS

Types of Employee Dominant Disease and Medical Efforts
Jenis Penyakit
% Tindak Lanjut Medical follow up
Type of Disease
Fat loss program, Edukasi Gaya Hidup Sehat, Koordinasi Rawat Inap dan Rawat Jalan
Berat Badan > Normal dan Medical Emergency Response Preparedness.
69.2
Body Weight > Normal Fat loss program, Healthy Lifestyle Education, Coordination of Inpatient and Outpatient, Medical
Emergency Response Preparedness.
Fat loss program, Edukasi Gaya Hidup Sehat, Edukasi Gizi Kerja, Koordinasi Rawat Inap
Dislipidemia Dyslipidemia 59.9 dan Rawat Jalan, Medical Emergency Response Preparedness.
Fat loss program, Healthy Lifestyle Education, Coordination of Inpatient and Outpatient, Medical
Emergency Response Preparedness.
Edukasi Smoke cessation.
Merokok Smoking 42.7
Smoking cessation education.

HSE BAGI MITRA KERJA [G4-LA14] HSE FOR PARTNERS [G4-LA14]

Perusahaan mengharuskan mitra kerja/kontraktor The Company requires partners/contractors
menerapkan kesehatan, keselamatan dan to manage health, safety and the environment
lingkungan atau health, safety and environment (HSE) (HSE) at all jobs that have been set. We apply the
pada seluruh pekerjaan yang sudah ditetapkan. Contractor HSE Management System based on
Kami menerapkan Sistem Manajemen HSE Contractor HSE Management System Manual
Kontraktor berdasar Pedoman Sistem Manajemen No.A003/EP5000/2009-S0, by enforcing Contractor
HSE Kontraktor No.A003/EP5000/2009-S0, dengan Safety Management System (CSMS) for partners/
memberlakukan Contractor Safety Management contractors.
System (CSMS) bagi mitra kerja/kontraktor.
CONTRACTOR SAFETY MANAGEMENT

IMPLEMENTASI SISTEM MANAJEMEN KONTRAKTOR SYSTEM IMPLEMENTATION
• Pembentukan tim CSMS • Formation of CSMS team

• Peningkatan keahlian tim CSMS • Improvement skills of CSMS team
• Sosialisasi CSMS kepada internal • Internal CSMS dissemination
• Sosialisasi ke kontraktor • Dissemination to contractors
• Pembuatan penilaian resiko • Preparation of risk assessment
• Klinik bimbingan CSMS • CSMS clinical guidance
• Prakualifikasi CSMS • CSMS prequalification
• HSE plan di dalam TOR • HSE plan in the TOR
• Pelaksanaan prakerja • Implementation of pre-employment
• Pelaksanaan WIP • Implementation of WIP
• Evaluasi akhir • Final evaluation

Selama tahun 2014, Pertamina EP bersama-sama During 2014, Pertamina EP together with partners/
dengan mitra kerja/kontraktor juga melaksanakan contractors also carried out joint training and other
KEBERLANJUTAN 2014
pelatihan bersama maupun kegiatan lainnya activities to realize HSE Operating Excellence,
untuk mewujudkan HSE Operating Excellence, di including:
antaranya:
KINERJA
1. Melakukan assessment penerapan SMHSE oleh 1. Perform SMHSE application assessment by the
kontraktor Pertamina EP. contractors of Pertamina EP.
2. Klinik SMHSE bagi kontraktor di kantor pusat dan 2. SMHSE Clinic for contractors at the head office
seluruh Asset Pertamina EP. and all Asset of Pertamina EP.
3. Seluruh Asset Pertamina EP menggelar pelatihan 3. All Asset of Pertamina EP held Basic Safety
Training Basic Safety & Lifting/Rigging yang & Lifting/Rigging Training participated by
diikuti pekerja mitra kerja pemboran eksplorasi. exploration drilling partners’ workers. The training
Kegiatan pelatihan merupakan persyaratan program is a requirement to get HSSE Passport
mendapatkan HSSE Passport untuk dapat to work in the Field owned by Pertamina EP. The
bekerja di Lapangan milik Pertamina EP. program was conducted at all Assets and the
Dilakukan di semua Asset dan kantor pusat dan head office, as well as at all contractors not
semua kontraktor bukan hanya di eksplorasi saja. limited to only exploration.
4. Asset 5 menggelar workshop bersama mitra kerja 4. Asset 5 held a workshop together with partners to
guna memastikan kesiapan mitra kerja terhadap ensure the partners’ readiness for Pertamina EP’s
proyek-proyek Pertamina EP pada Lapangan projects at the fields of Asset 5 operating area, in
di area operasi Asset 5, sehingga mengurangi order to reduce the risk of workplace accidents.
resiko kecelakaan kerja. Pada pelaksanaan During the implementation of the program, the
kegiatan ini juga dilakukan penandatanganan partners also signed an HSE Integrity Pact.
Pakta Integritas HSE oleh para mitra kerja.

PERSIAPAN PENSIUN PEKERJA

Employee Retirement Preparation
PERSIAPAN PENSIUN PEKERJA EMPLOYEE RETIREMENT PREPARATION

Sesuai PKB yang berlaku dinyatakan bahwa usia According to the current CLA, the retirement age
pensiun pegawai Pertamina EP adalah 56 tahun. of Pertamina EP’s employee is 56 years old. In 2014
Pada tahun 2014 ada 54 pegawai yang pensiun. there were 54 employees who retired.
Sebagai bentuk bentuk komitmen pada As part of a commitment to the employees’ welfare,
kesejahteraan pekerja, termasuk ketika pensiun, including at the time of retirement, the Company
Perusahaan menyertakan para pegawai dalam enrolls the employees into pension fund institution
penyelenggaraan pemberian pensiun dan and old-age welfare benefits through a number of
tunjangan kesejahteraan hari tua, melalui sejumlah pension plans, both managed by the Company and
program pensiun. Baik yang diselenggarakan in cooperation the financial institution of pension
sendiri maupun bekerja sama dengan perusahaan funds (DPLK) of the employees’ choice.
penyelenggara dana pensiun lembaga keuangan
(DPLK) sesuai pilihan pekerja.
Program pensiun yang diikuti pegawai Pertamina Pertamina EP employees’ pension plans, including
EP, di antaranya Jaminan Sosial Tenaga Kerja Workers Social Security organized by PT Jamsostek
yang diselenggarakan PT Jamsostek (Persero)/ (Persero)/Social Security Agency (BPJS) Employment,
Badan Penyelenggara Jaminan Sosial (BPJS) are as follows: [G4-EC3]
Ketenagakerjaan, meliputi: [G4-EC3] 1. Old Age Security (JHT) program with premium
1.
Jaminan Hari Tua (JHT), dengan ketentuan 3.7% of basic salary paid by the Company and
besaran premi 3,7 persen dari gaji pokok another 2% is paid by the employees;
dibayarkan Perusahaan dan 2 persen lainnya 2. Work-related accident benefit with premium
dibayarkan pekerja; 0.80% of basic salary paid by the Company;
2.
Jaminan kecelakaan kerja dengan ketentuan 3. Death benefit with premium 0.30% of the basic
besaran premi 0,80 persen dari gaji pokok salary paid by the Company.
ditanggung Perusahaan;
3.
Jaminan kematian dengan ketentuan besaran
premi 0,30 persen dari gaji pokok menjadi
tanggungan Perusahaan.
Kami juga menyelenggarakan pembekalan atau We also hold an orientation or pre-condition as the
pra-kondisi sebagai persiapan yang dilakukan preparation before an employee reach retirement
sebelum seorang pekerja memasuki usia pensiun. age. The forms of the orientations are:
Adapun bentuk pembekalan yang dilakukan adalah: [G4-LA10]
[G4-LA10]
a. Pembekalan aspek health & psychological; a. Orientation on health and psychological aspects;
b. Pengelolaan keuangan (finance management); b. Finance management;
c. Kewirausahaan; c. Entrepreneurship;
d. Kunjungan pengusaha sukses, usaha pertanian, d. Visits to successful entrepreneurs, agriculture,
peternakan dan perikanan; husbandry and fishery businesses.
e. Pembayaran hak pekerja setelah pensiun. e. Payment of employee’s post-retirement benefit

PERJANJIAN KERJA BERSAMA
Collective Labor Agreement
Kami menjamin hak berserikat para pekerja, dan We guarantee the right of association of workers
mendukung keberadaan Serikat Pekerja Pertamina and support the existence of Pertamina EP Labor
EP (SP-Pertamina EP). Selama tahun 2014 tidak Union (SP-Pertamina EP). During 2014, there were
ada peristiwa yang diindikasikan sebagai bentuk- no incidents indicated as forms of obstructionism
bentuk penghalangan pada kebebasan berserikat on freedom of association for workers. Together
bagi para pekerja. Bersama SP-Pertamina EP with SP-Pertamina EP as representative of the
sebagai perwakilan pekerja, manajemen menyusun, employees, management prepare, agree, and
menyepakati dan menetapkan perjanjian kerja establish collective labor agreement (CLA). [G4-HR4]
bersama (PKB). [G4-HR4]
PENYUSUNAN PKB PERIODE 2014-2016 CLA PREPARATION PERIOD 2014-2016

Pada tahun 2014, Manajemen yang dipimpin In 2014, the Management led by Operations and
Direktur Operasional dan Produksi, bersama dengan Production Director together with SP-Pertamina EP
SP-Pertamina EP telah melakukan perundingan PKB has been in talks regarding PT Pertamina EP CLA
Pertamina EP Periode 2014-2016. Perundingan Period 2014-2016. The talk took place in Batam in
berlangsung di Batam pada bulan November 2014 November 2014 and is still being finalized.
dan masih dalam tahap finalisasi.
Terlaksananya perundingan PKB periode 2014-2016 The talks on CLA period 2014-2016 are a tangible
merupakan bukti nyata kepatuhan Perusahaan evidence of compliance of the Company and
dan pekerja yang diwakili Serikat Pekerja, pada employees represented by Workers Union with laws
peraturan perundang-undangan ketenagakerjaan. on manpower. Furthermore CLA period 2014-2016
Selanjutnya PKB periode 2014-2016 yang telah is approved jointly by the Management and SP-
disetujui, disahkan bersama oleh Manajemen dan Pertamina EP, and then is submitted to the Ministry of
SP-Pertamina EP, untuk kemudian didaftarkan ke Manpower and Transmigration.
Kementerian Tenaga Kerja dan Transmigrasi.
Keberadaan PKB yang berlaku akan melindungi The applicable CLA will protect all employees of
seluruh pegawai Pertamina EP tanpa kecuali. Pertamina EP without exception. The applicable CLA
PKB yang berlaku akan menjadi rujukan dalam will be used as reference for the resolution of any
penyelesaian bilamana terjadi perselisihan dalam industrial disputes with the Company. [G4-11]
hubungan ketenagakerjaan dengan Perusahaan.
[G4-11]
KEBERLANJUTAN 2014
KINERJA

KINERJA KEBERLANJUTAN YANG
TERINTEGRASI SINERGI MANUSIA,
PROSES, TEKNOLOGI
Sustainability Performance 2014
PROSES
Process
Di tahun 2014, Pertamina EP mendapat tugas dari In 2014, Pertamina EP was assigned by PT Pertamina
PT Pertamina (Persero) selaku induk perusahaan (Persero) as the parent company to produce 128,000
untuk memproduksi minyak mentah sebanyak BOPD of crude oil and 1,072 MMSCFD of natural
128.000 BOPD dan gas bumi sebesar 1.072 gas. We utilized all available resources including the
MMSCFD. Kami mendayagunakan segenap sumber process and technology to achieve the target.
daya yang dimiliki termasuk proses dan teknologi
demi merealisasikan target tersebut.
Keseluruhan proses yang meliputi kegiatan hulu The whole process that includes the upstream oil &
minyak dan gas (migas) terdiri dari beberapa gas activities consists of several stages, which will
tahapan, dan memerlukan waktu bertahun-tahun take many years before production. Similarly, when
sebelum diproduksikan. Demikian pula ketika tak lagi no longer in production, Pertamina EP is still required
berproduksi, Pertamina EP tetap dituntut melakukan to carry out various post-operations activities.
berbagai kegiatan pasca-operasi.
KENDALA DAN TANTANGAN OBSTACLES AND CHALLENGES

Pada setiap tahapan, kami dihadapkan pada At each stage, we were faced with many obstacles
berbagai kendala dan tantangan, baik bersifat and challenges, both technical and non-technical.
nonteknis maupun teknis. Hingga akhir tahun By the end of 2014, there were some obstacles and
2014, ada beberapa kendala dan tantangan yang challenges faced by Pertamina EP.
dihadapi Pertamina EP.
KENDALA DAN TANTANGAN BERSIFAT NON-TECHNICAL OBSTACLES AND

NONTEKNIS, MELIPUTI: CHALLENGES, INCLUDE:
1. Isu keamanan terkait pencurian minyak dan 1. Security issues related to theft of oil and
fasilitas produksi; production facilities;
2. Tumpang tindih lahan dengan penambangan 2. Overlap of land with coal mining and other uses
batubara dan penggunaan lain termasuk including forestry management;
pengelolaan kehutanan; 3. Illegal mining in the Company’s wells by
3. Penambangan liar pada sumur-sumur milik irresponsible parties;
Perusahaan oleh pihak-pihak tidak bertanggung 4. Levies and social costs;
jawab; 5. Workforce demands;
4. Pungutan dan biaya sosial; 6. Changes in regulations.
5. Tuntutan tenaga kerja;
6. Perubahan regulasi.

KENDALA DAN TANTANGAN BERSIFAT TEKNIS, TECHNICAL OBSTACLES AND CHALLENGES
MELIPUTI: INCLUDE:
1. S ebagian besar Lapangan tergolong tua 1. M ost of the fields are relatively old, which
sehingga secara alamiah mengalami naturally experience natural production decline
penurunan produksi mencapai 18% per tahun. that reached 18% per year. Some wells had
Beberapa sumur terpaksa dihentikan sementara to be suspended because it is considered less
(suspended) karena dinilai kurang ekonomis; economical;
2. Infrastruktur operasi dan fasilitas produksi telah 2. Infrastructure operations and production facilities
melewati usia produktif; have passed productive age;
3. Kendala perizinan peruntukan lahan, perubahan 3. Obstacles in land use licensing, changes in
topografi, dan teknis lainnya dalam pelaksanaan topography, and other technical issues in the
reaktivasi sumur suspended. reactivation of suspended wells.
Tentu saja kami senantiasa berupaya mengatasi We continuously make any efforts to overcome these
KEBERLANJUTAN 2014
kendala dan tantangan yang dihadapi. Strategi obstacles and challenges. We use the strategy by
yang dilakukan adalah melakukan koordinasi dan conducting coordination and dialogue with the
dialog dengan pihak berwenang maupun pihak- authorities and other concerned parties, in order to
KINERJA
pihak berkepentingan lainnya, sehingga didapat get the best solution.
solusi terbaik.
PENURUNAN PRODUKSI KARENA CUACA BURUK [G4-EC2]

Production Decline Due to Bad Weather
Pada bulan Januari 2014, mooring hawser Floating In January 2014, mooring hawser of Floating Storage
Storage and Offloading (FSO) Cinta Natomas di and Offloading (FSO) Cinta Natomas in offshore
lepas pantai Tuban, Jawa Timur terlepas yang Tuban, East Java was detached due to bad weather.
disebabkan oleh cuaca buruk. Hal ini menyebabkan This incident caused disruption to the production of
produksi Pertamina EP terganggu. Pertamina EP.
Perusahaan memastikan seluruh personel di The Company ensured that all personnel on the
lapangan dalam kondisi aman dan tidak terjadi scene were in a safe condition and there was no oil
tumpahan minyak. Proses perbaikan dimulai dengan spill. The repair process began with the mobilization
mobilisasi teknisi penyelam untuk memeriksa of technician divers to check the damage and
kerusakan yang terjadi dan mempersiapkan prepare for repair. In February, mooring hawser has
perbaikan. Pada bulan Februari, mooring hawser been successfully installed so that oil shipments
berhasil dipasang sehingga pengiriman minyak could return to normal.
dapat dilakukan kembali secara normal.

Integrated Sustainability Performance 2014 Synergy of People, Process, Technology and Environment
KENDALA DAN TANTANGAN NONTEKNIS

Non-Technical Obstacles And Challenges
PENGELOLAAN ISU KEAMANAN SECURITY ISSUES MANAGEMENT

Isu keamanan merupakan persoalan yang masih Security issue is a problem that is still faced by the
dihadapi Perusahaan. Selama tahun 2014 ada Company. During 2014 there were three types of
tiga jenis gangguan keamanan yang terjadi, yakni security disturbances, such as theft, sabotage and
pencurian, sabotase dan unjuk rasa. demonstrations.
Dari ketiga jenis gangguan tersebut, pencurian Of the three types of disturbances, theft was the most
merupakan kasus yang paling banyak terjadi, rampant with 113 cases. The cases included thefts
dengan 113 kasus. Kasus pencurian yang terjadi of crude oil and condensate, as well as distribution
meliputi pula pencurian minyak mentah dan pipes.
kondensat, pencurian dari pipa distribusi.
Kami menyikapi kondisi ini dengan melakukan We addressed this condition through some
beberapa pendekatan. Salah satu di antaranya approaches. One of them was to strengthen
adalah dengan memperkuat koordinasi dengan coordination with the Armed Forces ('TNI') and
aparat TNI dan Polri yang akan diuraikan dalam National Police ('Polri'), which will be described
bahasan ini. Selain itu, kami juga menyelenggarakan in this section. In addition, we also carried out
tanggung jawab sosial untuk memberdayakan social responsibility activities to empower local
masyarakat setempat. Uraian atas tanggung communities. Description on social responsibility
jawab sosial disampaikan pada bagian lain dalam presented in other part of this report.
pelaporan ini.
Beberapa bentuk koordinasi dan kerjasama dengan Some forms of coordination and cooperation with
aparat TNI dan Polri yang berlangsung pada tahun the Armed Forces and National Police that took
2014, di antaranya: place in 2014, include:
1. Asset 4 bersama dengan satuan TNI dan Polri 1. Asset 4 along with Armed Forces and National
termasuk unsur Polisi Militer (PM) di Kabupaten Police units, including elements of the Military
Bojonegoro, Jawa Timur serta Satuan Police (PM) in Bojonegoro, East Java, as well as the
Polisi Pamong Praja (Satpol PP) Pemkab Civil Service Police Unit (Satpol PP) of Bojonegoro
Bojonegoro, Jawa Timur melakukan penertiban Regency Government, East Java to curb illegal oil
penambangan minyak ilegal pada sumur mining in KW05 well and other wells in Kedewan
KW05 dan sumur lain di Kecamatan Kedewan and Malo districts, which are within the area of
dan Malo, yang termasuk merupakan area Cepu Field.
Field Cepu.
2. Field Ramba, Asset 2 dan Kodam Sriwijaya 2. Ramba Field, Asset 2, and Sriwijaya Regional
berkomitmen mengamankan jalur minyak Military Command (Kodam Sriwijaya) are
Tempino-Plaju, yang kerap menjadi sasaran committed to securing oil lines Tempino-Plaju,
pencurian minyak. Kodam Sriwijaya juga akan which are often the target of oil theft. Kodam
membantu pengamanan kegiatan operasi Sriwijaya will also support the security in the
Field Ramba dari ancaman perusakan fasilitas operations of Ramba Field from vandalism of
produksi, intimidasi pekerja dan pencegahan production facilities, intimidation of workers and
penguasaan illegal sumur minyak oleh the prevention of illegal occupation of oil wells
penduduk. by residents.
3. Field Jatibarang, Asset 3 menyelenggarakan 3. Jatibarang Field, Asset 3, coordinate with National
koordinasi dengan Polri dan TNI untuk Police and the Armed Forces to secure Jatibarang
melakukan pengamanan Field Jatibarang Field as national vital objects. Operating area of
sebagai objek vital nasional. Area operasional Jatibarang Field covers an area in Indramayu,
Field Jatibarang meliputi wilayah Kabupaten Cirebon, Majalengka regencies and Cirebon
Indramayu, Cirebon, Majalengka, serta Kota City.
Cirebon.
Upaya keras kami dalam mengelola isu keamanan Our hard efforts in managing security issues at the
terkait Lapangan beserta fasilitas pendukungnya field and its supporting facilities have been able to
telah dapat menekan angka kasus pencurian yang reduce the number of theft that occurred in 2014.
terjadi pada tahun 2014.

JENIS GANGGUAN KEAMANAN
Type of Security Disturbance
PENCURIAN SABOTASE UNJUK RASA JUMLAH

AREA OPERASI Theft Sabotage Rally Total
Operating Area
2014 2013 2014 2013 2014 2013 2014 2013
Asset 1 56 108 13 1 0 0 69 109
Asset 2 34 32 16 10 0 1 50 43
Asset 3 12 17 0 0 1 0 13 17
Asset 4 0 2 5 1 1 0 6 3
Asset 5 10 13 0 0 1 3 11 16
Proyek Project 1 13 1 0 5 5 7 8
Jumlah Total 113 175 35 113 8 9 247 288
PENCURIAN MINYAK
Oil Theft
Pencurian minyak yang dihadapi Pertamina EP Oil thefts faced by Pertamina EP remained a
masih menjadi tantangan. Diduga pencurian masih challenge. The thefts were believed to remain
marak karena melibatkan sindikat bermodal besar rampant because it involved large capital syndicate
dengan peralatan yang semakin lengkap dan with increasingly wide-ranging and sophisticated
canggih. equipment.
Menghadapi hal tersebut, pada tanggal 23 To address this, on November 23, 2014, Pertamina
November 2014, Pertamina EP bekerjasama EP in collaboration with the joint security team
dengan tim keamanan gabungan dari Perusahaan, of the Company, the Police and TNI managed to
Kepolisian dan TNI berhasil menangkap enam arrest six oil thieves who were operating in the area
pelaku pencurian minyak yang sedang beroperasi di of the Ogan Ilir River, South Sumatra. Evidence in
daerah sungai Ogan Ilir, Sumatera Selatan. Barang the arrest was a barge that has been modified to
bukti penangkapan berupa kapal tongkang yang accommodate the stolen oil as well as a variety of
telah dimodifikasi untuk menampung minyak hasil equipment for illegal tapping.
curian serta berbagai peralatan untuk melakukan
illegal tapping.
KEBERLANJUTAN 2014
KENDALA PENGELOLAAN LAHAN LAND MANAGEMENT OBSTACLES
KINERJA
Kendala dan tantangan pengelolaan lahan Obstacles and challenges in land management
berkaitan dengan benturan mekanisme related to conflicting land use mechanism for
pemanfaatan lahan untuk kegiatan operasional operational activities of Pertamina EP with forest
Pertamina EP dengan kebijakan pengelolaan management policies, as well as overlapped land
hutan, serta tumpang tindih lahan dengan kegiatan with mining, plantation and other uses. We followed
penambangan, perkebunan maupun penggunaan up this condition through dialogue with concerned
lain. Kami menindaklanjuti kondisi ini melalui parties in order to get the best solution.
dialog dengan pihak-pihak berkepentingan guna
mendapatkan solusi terbaik.
Dalam hal pengelolaan hutan, pada tahun 2014 In terms of forest management, in 2014 the Company
Perusahaan telah melakukan koordinasi dengan has coordinated with the Ministry of Forestry (now the
Kementerian Kehutanan (sekarang Menteri Ministry of Environment and Forestry). Coordination
Lingkungan Hidup dan Kehutanan). Koordinasi on understanding of procedures related to the use
terkait pemahaman prosedur penggunaan kawasan of forest areas for oil & gas activity, through the
hutan untuk aktivitas di bidang migas, melalui mechanism of borrow to use of forest areas.
mekanisme pinjam pakai kawasan hutan.
Dalam mekanisme pinjam pakai, Pemerintah melalui In the borrow to use scheme, the Government
Kementerian Kehutanan (sekarang Kementerian through the Ministry of Forestry (now the Ministry of
Lingkungan Hidup dan Kehutanan) dapat Environment and Forestry) may lend forest areas
meminjamkan kawasan hutan untuk keperluan for temporary purposes, which will not change the

temporer, yang sifatnya tidak mengubah status status of the forest. After the agreement period is
hutan. Setelah periode perjanjian usai, kawasan over, the forest area will be returned to the Ministry of
hutan akan dikembalikan lagi kepada Kementerian Forestry (now Ministry of Environment and Forestry).
Kehutanan (sekarang Kementerian Lingkungan
Hidup dan Kehutanan).
Apabila mekanisme dialog tidak dapat If the dialogue cannot produce any solutions agreed
menghasilkan solusi yang disepakati pihak-pihak by concerned parties, the Company will pursue
berkepentingan, maka Perusahaan menempuh legal procedures. Judicial decisions that are legally
prosedur hukum. Putusan hukum yang telah memiliki binding then become the basis to be obeyed by all
kekuatan hukum tetap selanjutnya menjadi dasar concerned parties. Description on legal procedures
untuk dipatuhi semua pihak yang berkepentingan. is described in other section of this report.
Uraian tentang prosedur hukum dijelaskan dalam
bagian lain dalam pelaporan ini.
PENGELOLAAN KENDALA PERIZINAN LICENSING OBSTACLE MANAGEMENT

Total terdapat 289 bentuk perizinan yang harus The Company must be equipped with a total of
dipenuhi Perusahaan pada pelaksanaan kegiatan 289 forms of licensing in operating its upstream
usaha hulu migas. Perizinan tersebut selanjutnya oil and gas business. These permits are grouped in
telah disederhanakan dalam 69 jenis perizinan, 69 types of licensing which consists of initial survey
yang terdiri dari perizinan survei awal, perizinan licensing, exploration licenses, development license,
eksplorasi, perizinan pengembangan, perizinan production license and post-operations license.
produksi, dan perizinan pasca operasi.
Banyaknya perizinan menjadikan Perusahaan tidak With many permits, the Company is not necessarily
serta merta dapat dengan segera melaksanakan able to immediately execute the plan of operational
rencana tahapan-tahapan kegiatan operasi. Untuk stages. It takes a long time to comply with the
memenuhi perizinan, dibutuhkan waktu lebih lama licensing requirement, especially to meet all
terutama untuk memenuhi segala persyaratan. conditions. In addition, the licensing mechanism that
Selain itu, mekanisme perizinan yang belum terpadu has not been integrated and most are processed at
dan sebagian berada pada pemerintah daerah, the local government, also affects the completion
juga mempengaruhi waktu penyelesaian proses time of the licensing process.
perizinan.
Untuk mengatasi kendala perizinan, Perusahaan To overcome the licensing obstacles, the Company
selalu berkoordinasi dengan pihak-pihak has always coordinated with the authorities, both at
berwenang, baik di tingkat pemerintah pusat central and local governments. This resulted in the
maupun pemerintah daerah. Langkah ini issuance of the required permits, so that throughout
membuahkan hasil dengan terbitnya perizinan yang 2014 the activities were able to be carried out
dibutuhkan, sehingga sepanjang tahun 2014 dapat according to RKAP.
dilakukan kegiatan-kegiatan sesuai RKAP.
Dalam hal tahapan kegiatan eksplorasi misalnya, In exploration stage for instance, the completion
terselesaikannya perizinan menjadikan Perusahaan of licensing enabled the Company to continue the
dapat meneruskan kegiatan pencarian dan activities of search and discovery of new oil & gas
penemuan cadangan baru migas. Dalam lima reserves. In the last five years, exploration discoveries
tahun terakhir, eksplorasi Pertamina EP membukukan of Pertamina EP recorded 818 million barrels of oil
temuan 818 juta barrel setara minyak. Selanjutnya equivalent. Furthermore, a total of 1,250 billion
ada 1.250 miliar barrel setara minyak yang siap barrels of oil equivalent is ready to be monetized,
dimonetitasi, sehingga produksi migas akan thus oil & gas production will increase significantly in
meningkat signifikan dalam dua hingga tiga tahun the next two to three years. [OG1]
mendatang. [OG1]
PENGELOLAAN ISU SOSIAL DAN REGULASI SOCIAL ISSUES MANAGEMENT AND REGULATIONS
Isu sosial dan perubahan regulasi menjadi hal yang Social issues and regulatory changes can also
juga dapat mempengaruhi proses tahapan kegiatan affect the stages of Pertamina EP’s operations.
operasional Pertamina EP. Isu sosial utamanya The social issues primarily related to the existence
berkaitan dengan keberadaan masyarakat di of surrounding communities of the Company’s
sekitar lokasi Perusahaan berkegiatan, termasuk operating sites, including their engagement as
pelibatan mereka sebagai tenaga kerja. workforce.
Kami mengelola isu sosial melalui dialog dengan We manage social issues through dialogue with
masyarakat untuk bersama-sama mengupayakan the community to work together to seek a mutually

solusi saling menguntungkan atas setiap beneficial solution for any arising problems. The
permasalahan yang timbul. Isu sosial juga dikelola social issues are also managed through the
melalui pelaksanaan tanggung jawab sosial implementation of corporate social responsibility
perusahaan atau corporate social responsibility (CSR), which description is presented in other part
(CSR), yang penjelasannya disampaikan pada of this report. The Company formed a Community
bagian lain dalam pelaporan ini. Perusahaan Empowerment Center Pertamina (PPMP) at every
membentuk Pusat Pemberdayaan Masyarakat field of each Asset, which is intended to foster
Pertamina (PPMP) pada masing-masing Lapangan entrepreneurial activities of local communities,
di setiap Asset, yang ditujukan untuk menumbuhkan which enable them to create jobs. [G4-EC8]
kegiatan wirausaha masyarakat setempat, sehingga
dapat menciptakan lapangan kerja. [G4-EC8]
Langkah lain pelibatan masyarakat setempat Another form of local communities engagement
sebagai pekerja di sekitar Lapangan pada as workforce around the fields of each Asset is to
masing-masing Asset adalah dengan melibatkan engage local companies in the supply chain. We
perusahaan-perusahaan lokal dalam rantai define a local company as a company established
pasokan. Kami mendefinisikan perusahaan and operating in the same province as the location
lokal sebagai perusahaan yang didirikan dan of the field at each Asset. The existence of local
beroperasi pada provinsi yang sama dengan lokasi companies as vendors will be able to provide jobs
Lapangan pada masing-masing Asset. Keberadaan for the local population, so that they can experience
perusahaan-perusahaan lokal sebagai pemasok the indirect benefits from the presence of Pertamina
akan dapat menyediakan lapangan kerja bagi EP. [G4-EC8] [G4-EC9]
penduduk setempat, sehingga mereka bisa
merasakan manfaat tidak langsung dari kehadiran
Pertamina EP. [G4-EC8] [G4-EC9]
KENDALA DAN TANTANGAN TEKNIS

Technical Obstacles And Challenges
Kendala dan tantangan teknis yang paling utama The main technical obstacle and challenge faced by
dihadapi oleh Pertamina EP adalah kondisi sebagian Pertamina EP are the condition of most fields that is
besar Lapangan yang sudah tergolong tua. Hal ini relatively old. This caused the Fields that are currently
menjadikan Lapangan yang kini dikelola mengalami managed experiencing natural production decline
kecenderungan penurunan produksi alamiah yang trend that previously reached 18% per year, now
sebelumnya 18%, kini mencapai 20% per tahun. reached 20% per year.
Kendala dan tantangan teknis lain yang dihadapi Other technical obstacle and challenge faced are
KEBERLANJUTAN 2014
adalah adalah infrastruktur operasi dan fasilitas operating infrastructure and production facilities
produksi yang yang telah melewati usia produktif. that have passed productive age. As a result, the
Akibatnya, kinerja infrastruktur operasi dan fasilitas performance of existing operating infrastructure
KINERJA
produksi yang ada menjadi tidak optimal, sehingga and production facilities was not optimal, which
mempengaruhi kemampuan produksi. affected production capacity.
PENEMUAN DAN PENGEMBANGAN SUMUR- DISCOVERY AND DEVELOPMENT OF NEW

SUMUR BARU WELLS
Kami terus berupaya mendapatkan sumber We continue to acquire new reserves of oil & gas
cadangan baru migas yang potensial dikembangkan that are potential to be developed and operated
dan dikelola sebagai sumur produksi. Upaya as production well. The efforts that were conducted
yang dilakukan sampai dengan akhir tahun 2014 until the end of 2014 showed the following results:
menunjukkan hasil: [OG1] [OG1]
1. Sepanjang tahun 2014, kegiatan eksplorasi 1. During 2014, exploration activity has completed
telah menyelesaikan pemboran eksplorasi the drilling of 9 exploration wells. The volume
sebanyak 9 sumur. Besarnya realisasi tambahan of additional reserves (2C RR) realization was
cadangan (2C RR) adalah 79 MMBO dan 79 MMBO and 578 BCFG or equivalent 179
578 BCFG atau setara 179 MMBOE. Realisasi MMBOE. The realization was 100% of RKAP
tersebut mencapai 100 % target RKAP. target.
2. Terdapat 123 sumur yang terdiri dari 89 sumur 2. There are 123 wells consisting of 89 own wells
own (84 sumur produksi dan 5 sumur injektor) (84 production wells and 5 injector wells) and
dan 34 sumur mitra. Total produksi sumur 34 partner wells. Total production of own wells
sendiri sebanyak 24.393 BOPD dan produksi was 24,393 BOPD and gas production was
gas sebesar 80,31 MMSCFD. 80.31 MMSCFD.

REALISASI PEMBORAN PERTAMINA EP 2014

Pertamina EP Drilling Realization 2014
SUMUR EKSPLORASI Exploration Well

No SUMUR Well ASSET 2 C (MBOE)
1 Kawista1 Asset 5 5
2 Jati Ibon-1 Asset 3 20
3 Kenari Raja-1 Asset 5 Dry
4 Kuansu-1 Asset 5 HC Indication
5 Akasia Bagus-2 Asset 3 16
6 Benggala-2 Asset 1 8
7 Pondok Mulia-1 Asset 3 20
8 Tapen-3 Asset 4 7
9 Penyu-1 Asset 5 6
Evaluasi PSDM Struktur Donggi PSDM Evaluation of Donggi Structure Asset 5 49
Evaluasi struktur Louise Nonny PSDM Evaluation of Donggi Structure Asset 5 35
SUMUR EKSPLOITASI Exploitation Well

No ASSET JUMLAH SUMUR Number of Wells
1 Asset 1 21
2 Asset 2 19
3 Asset 3 13
4 Asset 4 0
5 Asset 5 29
6 Proyek Project 7
7 Mitra Partner 34
Perusahaan memberikan perhatian kepada Area The Company pays attention to Papua Area, Asset
Papua, Asset 5, mengingat produksi di Area Papua 5, considering production in Papua Area is still fairly
masih terbilang rendah, yakni di bawah 1.000 low, below 1,000 BOPD. In order to optimize the
BOPD. Untuk mengoptimalkan tingkat produksi, production rate, Pertamina EP in 2014 entered the
pada tahun 2014 Pertamina EP menempuh skema partnership scheme of joint operation (KSO).
kemitraan kerja sama operasi (KSO).
Kami telah menandatangani perjanjian kerja sama We have signed a joint operation agreement of
pengelolaan Lapangan Monggoi Wasian dengan PT Mogoi Wasian Field with PT Petro Papua Mogoi
Petro Papua Monggoi Wasian. Diproyeksikan dalam Wasian. It was projected that within three years there
tiga tahun akan ada tambahan sepuluh sumur baru would be additional 10 new wells at Mogoi Wasian
di Lapangan Mogoi Wasian, dengan target produksi Field, with a production target of over 1,000 BOPD.
atas 1.000 BOPD.
PERKEMBANGAN PROYEK EOR EOR PROJECT DEVELOPMENT

Penurunan produksi pada Lapangan yang berusia Production decline at old fields is due to decreasing
tua, tidak terlepas dari berkurangnya cadangan oil reserves in the primary layer. Therefore we have
minyak pada lapisan primer. Untuk itulah kami carried out the process of enhanced oil recovery,
melaksanakan proses pengurasan minyak lapisan covering secondary recovery and tertiary recovery.
lanjut, meliputi pengurasan lanjut lapisan sekunder These methods were expected to increase oil
(secondary recovery), dan pengurasan lanjut production in old fields to more than 50%.
lapisan tersier (tertiary recovery). Melalui metode ini
diharapkan produksi minyak pada Lapangan tua
dapat ditingkatkan hingga lebih dari 50%.

SKEMA METODE PENGURASAN MINYAK TAHAP LANJUT
Enhanced Oil Recovery Method Scheme
PRIMARY SECONDARY TERTIARY
PREPARING OF SECONDARY
& TERTIARY
• Advanced Seismic processing Monitoring & Monitoring & Update
• 3D seismic acquisitions Update EOR Modelling EOR Modelling
• Updating data
• New Concept Applications
• Modelling
• Choosing Technology
• Pilot Project
Realisasi produksi dari proyek EOR tahun 2014 Realization of production from EOR projects
sebesar 2.181 BOPD dari target 3.260 BOPD. amounted to 2,181 BOPD in 2014 from the target
Produksi tersebut lebih tinggi dibandingkan rata- 3,260 BOPD. The production was higher than the
rata produksi pada tahun 2013 yang sebesar 1.528 average production in 2013 at 1,528 BOPD. In 2015,
BOPD. Pada tahun 2015 ditargetkan mencapai the target is set to reach 2,378 BOPD.
2.378 BOPD.
Produksi EOR diperkirakan akan bertambah dalam EOR production was expected to increase in the
beberapa tahun mendatang, mengingat perkiraan coming years, given the estimated time of peak
waktu produksi puncak pada Lapangan dengan production in the fields with EOR design will be
desain EOR akan tercapai dalam 10 tahun setelah achieved within 10 years after the kick off of pilot
kick off sumur pilot. wells.
PENGELOLAAN INFRASTRUKTUR DAN MANAGEMENT OF INFRASTRUCTURE AND

FASILITAS PRODUKSI PRODUCTION FACILITIES
KEBERLANJUTAN 2014
Sepanjang kurun waktu tahun 2014, Pertamina EP Throughout 2014, Pertamina EP continued
melanjutkan pelaksanaan strategi induk (grand the implementation of the grand strategy on
strategy) pembenahan fasilitas produksi di seluruh improvement of production facilities at all areas to
KINERJA
area sehingga sesuai standar perusahaan kelas meet the standard of world class company. Four
dunia. Terdapat empat program yang telah programs have been implemented since 2011,
dilaksanakan sejak tahun 2011, yakni: namely:
1. Program peningkatan (improvement) fasilitas 1. Improvement program for existing production
produksi eksisting; facilities;
2. Program penerapan pengelolaan proyek 2. Project management implementation program for
fasilitas produksi (project system); production facilities (project system);
3. Program pemeliharaan inovasi (innovative/ 3. Innovative/correction maintenance program.
correction maintenance); 4. Device, system and human resources (HR)
4. Program peningkatan perangkat, sistem dan enhancement program.
sumber daya manusia (SDM).

Beberapa program/kegiatan strategi induk yang Some grand strategy programs/activities that have
telah dilaksanakan pada tahun 2014 adalah: been implemented in 2014 are:
PROGRAM URAIAN Description MANFAAT Benefit

• A
ssessment Static Equipment dengan implementasi di • Untuk mengetahui kondisi kualitas dan kapabilitas
Field Limau dan Ramba peralatan static Pertamina EP
Static Equipment Assessment with implementation at To determine the condition of Pertamina EP static
Limau and Ramba Fields equipment quality and capability
• Pembuatan sistem tata kerja (pedoman, TKO) Fungsi SF • Pelaksanaan pekerjaan dapat dilakukan dengan tersistem,
dan 6 bagian SF (P&E, Engineering, QA/QC, Construction, terkoordinasi dan terukur sehingga pencapaian target
RAM dan OGT & SF secara sinergi
Create working procedure system (guidelines, TKO) of SF Execution of work can be done in systemic, coordinated
Function and 6 SF departments (P&E, Engineering, QA/QC, and measurable manner to reach synergic achievement
Construction, RAM and OGT & SF) of target
• Pembuatan Pedoman Pengawasan Konstruksi Pertamina • Memastikan pencapaian target mutu, biaya dan waktu
EP projek sesuai dengan standard dan metode konstruksi
Create Guidelines for Pertamina EP Construction yang telah ditetapkan untuk memenuhi kebutuhan operasi
Supervision Pertamina EP
Ensure the achievement of quality, cost and project time
target is in accordance with the standards and methods
of construction that have been established to meet
Pertamina EP’s operating needs
Improvement
• Tersedia data dan integrasi asset Pertamina EP di offshore
Availability of data and integration of Pertamina EP
• Offshore Asset Integrity Management offshore assets
Offshore Asset Integrity Management
• Standarisasi penggunaan tool dan warna fasilitas produksi
• Pembuatan Pedoman Colour Code dan Tool Facility sesuai base practice
Pertamina EP Standardization of the use of tools and production facility
Making Color Code and Pertamina EP Tool Facility color in accordance with base practice
Guidelines
• Peningkatan sistem pengukuran minyak dan gas menjadi
tingkat custody dan dapat termonitor dari kantor pusat
Upgrade oil and gas measurement system into custody
• Improvement dan Penyediaan Metering System (Metering level and can be monitored from the head office
Automation)
Improvement and Metering System (Metering Automation) • Meningkatkan kapabilitas dan HSE untuk Shipping loading
provision ke Pangkalan Brandan
Increase the capability and HSE for Shipping loading to
• Penggantian Loading Line Pangkal Susu Pangkalan Brandan
Pangkal Susu Loading Line Replacement
• Upgrading Sistem Proteksi Petir • Meningkatkan kehandalan dan ketersediaan penangkal

Lightning Protection System Upgrading petir untuk melindungi Asset Pertamina EP dari resiko
sambaran petir
Improve the reliability and availability of a lightning rod to
protect Pertamina EP assets from risk of lightning strikes
• Pengadaan dan Pemasangan Gas Compressor Kapasitas • Mempertahankan kapasitas produksi gas di field Subang
200 MMSCFD dan Fasilitas Pendukung di Field Subang dan mempertahankan pressure gas untuk keperluan CO2
Supply and Installation of Gas Compressor with capacity of removal
200 MMSCFD and Support Facilities at Subang Field Maintain gas production capacity at Subang Field and
maintain gas pressure for the CO2 removal
• Pengadaan dan Pemasangan Gas Compressor Kapasitas • Penambahan Kapasitas produksi gas Field Pendopo
150 MMSCFD Musi Timur Field Pendopo sebesar 50 MMSCFD
Supply and Installation of Gas Compressor with capacity of Addition gas production capacity of 50 MMSCFD at
150 MMSCFD at East Musi Field, Pendopo Pendopo Field
Project • Pengadaan dan Pemasangan Gas Compressor Kapasitas • Mempertahankan kapasitas produksi gas di field
System 60 MMSCFD SKG Lembak Field Prabumulih Prabumulih
Supply and installation of Gas Compressor with capacity of Maintain gas production capacity at Prabumulih Field
60 MMSCFD at SKG Lembak Field, Prabumulih
• Upgrading Instrumentation & Control Facilities Serta Safety • Pemantauan data hasil produksi realtime, operation
System dan safety dari remote area dan termonitor dari kantor
Facilities Instrumentation & Control and Safety System pusat
Upgrading Realtime monitoring of data on production output,
operations and safety from remote area and is monitored
from the head office
• Pembangunan jaringan pipa minyak dan Power Line
River Crossing Sungai Sangasanga Field Sangasanga • Peningkatan kapabilitas dan penghematan shipping
Construction of oil pipelines and Power Line River Crossing loading crude oil field Sangasanga dan peningkatan
of Sangasanga River, Sangasanga Field pasokan daya listrik Field Sangasanga
Increased capability and saving of crude oil loading
shipping at Sangasanga Field and increased power supply
at Sangasanga Field

• Pengembangan Maintenance Management System • Tersedianya sistem pemeliharaan terpadu dengan sistem
berbasis program MySAP pengadaan dan keuangan
Development of Maintenance Management System based The availability of an integrated maintenance system with
on MySAP program procurement and financial system
• Pembuatan Jadwal Program PM dan OH untuk peralatan • Meningkatkan kehandalan dan ketersediaan peralatan
GAS dan alat berat dengan timeline gas dan alat berat
Making Schedule of PM and OH Program for GAS Improve the reliability and availability of gas devices and
equipment and heavy equipment with timeline heavy equipment
• Pembuatan kontrak payung LTC/LTSA untuk mesin dan • Standarisasi perawatan/maintenance untuk mesin dan
Maintenance pompa Asset Pertamina EP pompa, mempersingkat proses lelang dan standarisasi
Making umbrella contract of LTC/LTSA for engine and harga
pump of Pertamina EP Asset Standardization of service/maintenance for the
engine and pump, streamline the auction process and
standardization of price
• Turn Around fasilitas produksi CO2 removal plant Subang • Mengembalikan kinerja CO2 removal plant sesuai kondisi
secara berkala setiap 5 tahun sekali awal
Turn Around CO2 removal plant production facility at Restore the performance of CO2 removal plant according
Subang periodically every 5 years to initial condition
• Pelatihan dasar-dasar Risk Base Inspection • Penyiapan keahlian pekerja untuk menjadi motor
(Batch 1,2 dan 3) penggerak dalam implementasi RBI di PEP dimulai pada
Training on basics of Risk Base Inspection tahun 2015
(Batch 1,2 and 3) Preparation of employee’s skills to become a driving force
in RBI implementation at PEP starting in 2015
• Fundamental/Philosophy of Reliability Centre Maintenance • Meningkatkan basic competency pekerja SF tentang safety
(RCM) operation dan maintenance
Fundamental/Philosophy of Reliability Center Maintenance Improve basic competency of SF employees on operation
KEBERLANJUTAN 2014
(RCM) and maintenance safety
• Integrated Maintenance Management in Upstream Oil & • Meningkatkan basic competency pekerja SF tentang safety
KINERJA
Gas Industries operation dan maintenance
Integrated Maintenance Management in Upstream Oil & Improve basic competency of SF employees on operation
People Gas Industries and maintenance safety
Development
• Pelatihan “Offshore Facilities Engineer Program” di UK & • Meningkatkan basic competency pekerja SF untuk
Poland perencanaan dan pemeliharaan offshore facilities
Training on "Offshore Facilities Engineer Program" in the Improve basic competency SF employees on planning and
UK and Poland maintenance of offshore facilities
• Pelatihan “Surface Facility PetroFac” di Singapore • Pekerja mempunyai budaya (culture) disiplin dalam hal
Training on " Petrofac Surface Facility" in Singapore cara kerja dan aspek HSE
Employees have a discipline culture in work method and
HSE aspects
• Pelatihan “Introduction Offshore Terminal” • Pengetahuan tentang perbaikan dan pemeliharaan Single
Training on "Offshore Terminal Introduction" Buoy Mooring (SBM)
Knowledge on repair and maintenance of Single Buoy
Mooring (SBM)

REAKTIVASI SUMUR SUSPENDED SUSPENDED WELL REACTIVATION

Kami juga meneruskan pengaktifan kembali We also continued the reactivation of suspended
(reaktivasi) sumur-sumur suspended yang masih wells that still have the potential to produce. By the
memiliki potensi diproduksikan. Hingga akhir tahun end of 2014, there were more than 5,000 suspended
2014, terdapat lebih dari 5.000 sumur suspended wells spread at 17 fields across the Company’s
yang tersebar pada 17 Field Lapangan di seluruh working area.
wilayah kerja Perusahaan.
Berdasarkan perkiraan produksi terhadap rencana Based on production estimates there were 110
reaktivasi sumur suspended pada tahun 2014 suspended wells included in reactivation plan 2014,
adalah 110 sumur dengan perkiraan initial gain 10 with an estimated initial gain of 10 BOPD per well.
BOPD per sumur. Total target produksi awal adalah Total initial production target is 1,329 BOPD from 110
1.329 BOPD dari 110 sumur dengan perkiraan initial wells with an initial gain estimate of the production is
gain produksi sebesar 10 BOPD per sumur. 10 BOPD per well.
Untuk tahun 2015, Pertamina EP menetapkan target For 2015, Pertamina EP has set a target to implement
implementasi reaktivasi Sumur Suspended di tahun Suspended Well reactivation in 2015 of 110 wells.
2015 sebanyak 110 sumur. Sementara perkiraan Meanwhile the estimated production initial gain was
initial gain produksi sebesar 10 BOPD per sumur. 10 BOPD per well.
BUSINESS PROCESS MANAGEMENT BUSINESS PROCESS MANAGEMENT

SYSTEM (BPMS) SYSTEM (BPMS)
Tahun 2014 Pertamina EP mulai membangun In 2014, Pertamina EP began developing Conceptual
Conceptual Design Business Process Management Design of Business Process Management System to
System untuk mengelola proses bisnis Pertamina EP manage quality-oriented, integrated and controlled
yang berorientasi kepada kualitas, terintegrasi dan business process of Pertamina EP.
terkontrol.

Tujuan dari BPMS adalah : Objectives of BPMS are:
1. Business Process tetap mutakhir agar mampu 1. Business Process kept up to date in order to
beradaptasi dengan perkembangan best be able to adapt to the development of best
practice bisnis hulu minyak dan gas, dan juga practices in the upstream oil & gas business, as
perkembangan di internal Pertamina EP well as in Pertamina EP’s internal development
2. Semua proses memiliki akuntabilitas yang jelas 2. All processes have clear accountability and
dan sesuai dengan standard yang berlaku, untuk in accordance with standards, to support any
mendukung setiap proses pengambilan keputusan decision-making process that is in line with the
yang selaras dengan target perusahaan Company’s target
3. Pembuatan Dokumen Pendukung Business Process 3. Preparation of Business Process Model Support
Model untuk memastikan bahwa semua pekerja Documents to ensure that all employees of
Pertamina EP memiliki pemahaman yang sama Pertamina EP have the same understanding of the
terhadap Business Process Model yang digunakan Business Process Model used
4. Peningkatan awareness pekerja Pertamina EP 4. Increased awareness of Pertamina EP employees
untuk memahami dan menggunakan Business to understand and use the Business Process as
Process sebagai panduan dalam bekerja guidelines in working
5. Business Process dapat mendukung identifikasi 5. Business Process can support the identification of
kompetensi teknis yang dibutuhkan disetiap technical competencies required in each process
proses 6. Improved Business Process Maturity up to level 4
6. Peningkatan Business Process Maturity sampai (predictable)
dengan level 4 (predictable)
Initiative yang dilakukan di Tahun 2014 adalah The initiative conducted in 2014 was BPMS
Pengembangan dan Implementasi BPMS yang development and implementation that focused on
fokus pada Integrated Planning untuk proses Infill Integrated Planning for the Infill Drilling process,
Drilling, karena 70% Anggaran Investasi Pertamina because 70% of Pertamina EP Investment Budget
EP adalah dari proses infill drilling. was from infill drilling process.
KEBERLANJUTAN 2014
KINERJA

TEKNOLOGI [IR8]
Technology
Sejalan pencapaian untuk menjadi perusahaan In line with the efforts to become a world class
kelas dunia, Pertamina EP terus meningkatkan company, Pertamina EP continues to improve the
penerapan teknologi sesuai standar internasional application of international standard technology to
guna mendukung kegiatan operasional dan bisnis support the Company's operations and business.
Perusahaan.
TEKNOLOGI PENDUKUNG EKSPLORASI DAN PRODUKSI

Exploration And Production Supporting Technology
Kami terus memperbarui teknologi untuk mendukung We are constantly updating technology to support
kegiatan operasional, terutama eksplorasi dan operational activities, especially exploration and
produksi. Penerapan teknologi terbaru sangat production. The application of the latest technology
dibutuhkan mengingat proses pencarian dan is needed considering the process of search and
penemuan cadangan baru migas serta proses discovery of new oil & gas reserves and production
produksi menjadi lebih komplek dibandingkan process become more complex than the previous
periode sebelumnya. period.
INOVASI POLA STRATIGRAFI STRATIGRAPHY PLAY INNOVATION

Salah satu pencapaian penting Pertamina EP One of Pertamina EP’s important achievements
pada tahun 2014 terkait penerapan teknologi in 2014 regarding the application of technology
adalah keberhasilan Tim Appraisal Project Jawa was the success of the Jawa 2 Project Appraisal
2 menemukan cadangan baru sumber migas Team who discovered the source of oil & gas new
pada sumur di Jati Asri, Field Subang, Asset 3. reserves in Jati Asri well, Subang Field, Asset 3. Their
Keberhasilan mereka patut menjadi catatan success should be a record for innovation through
karena melakukan inovasi melalui penerapan pola the application of stratigraphic play. This play was
stratigrafi (stratigrafic play). Pola ini terbilang di out of ordinary, as most oil & gas companies rely on
luar kebiasaan, karena kebanyakan perusahaan structural play approach to find oil & gas reserves.
migas mengandalkan pendekatan pola struktural
(structural play) untuk menemukan cadangan migas.
Melalui penerapan pola ini, Sumur Jati Asri- Through the implementation of this play, Jati Asri-01
01 (JAS-01) sukses menambah produksi migas (JAS-01) Well managed to add oil & gas production of
Pertamina EP, menyusul selesainya program put on Pertamina EP, following the end of put on production
production (POP) pada 20 Juni 2014. Sumur yang (POP) program on June 20, 2014. The well which
mulai melaksanakan proses work-over pada 26 Mei began implementing work-over process on May 26,
2014 berhasil diproduksikan dari zona DST#3 pada 2014 successfully produced from DST#3 zone on
lapisan TAF (interval 2776-2782 m) sebesar 642 TAF layer (interval 2776-2782 m) amounted to 642
BOPD ( jepitan 7 mm), dengan mengalirkan produksi BOPD (7 mm choke), by channeling oil production
minyak melalui flow line 6” sepanjang 3.300 meter through 6" flow line along the 3,300-meter which is
yang dihubungkan ke fasilitas produksi eksisting connected to the existing production facilities of 8"
trunk line minyak 8” Cilamaya–Balongan. oil trunk line of Cilamaya-Balongan.
Sumur Jati Asri merupakan salah satu sumur yang Jati Asri well is one of the wells included in the
masuk dalam skenario atau status quick win, yakni scenario or quick win status, which can be produced
bisa diproduksikan dalam kurun waktu 1-2 tahun within a period of 1-2 years after kick off. Well drilling
setelah kick off. Pengeboran sumur yang yang mulai that began excavation on August 5, 2013, also
ditajak 5 Agustus 2013, juga menghasilkan sumber produced oil & gas resources by 67 MMBOE (RR) and
daya migas sebesar 67 MMBOE (RR) dan merupakan was the largest oil & gas resources.
sumber daya migas terbesar.

Water
Oil
Gas
STRUCTURAL STRATIGRAPHIC
PENERAPAN PERTAMINA DRILLING WAY PERTAMINA DRILLING WAY APPLICATION

Kami juga telah menerapkan Pertamina Drilling Way We also have applied Pertamina Drilling Way
(PDW) yang diberlakukan PT Pertamina (Persero), (PDW) established by PT Pertamina (Persero),
meski masih sebatas proyek percontohan (pilot although it is still a pilot project. PDW is a guideline
project). PDW adalah panduan untuk semua anak to all subsidiaries that conduct drilling, including
perusahaan yang melakukan pengeboran, termasuk Pertamina EP.
Pertamina EP.
Melalui penerapan PDW maka pengeboran Through PDW application, the drilling is carried
dilaksanakan berdasarkan praktik-praktik terbaik out based on best practices with international
sesuai standar internasional. Penerapan PDW standards. PDW application is expected to reduce
diharapkan mampu menekan non productive time non-productive time (NPT) which may affect cost
(NPT) yang berimbas pada penurunan biaya. reduction effort.
KEBERLANJUTAN 2014
Sampai dengan akhir tahun 2014, penerapan Until the end of 2014, PDW has only been applied
PDW baru diberlakukan pada Field Bunyu, Asset 5. at Bunyu Field, Asset 5. The PDW application has
KINERJA
Penerapan PDW telah diuji dan dinilai Komite Drilling been tested and assessed by Drilling Committee of
PT Pertamina (Persero). Hasilnya pengeboran di Field PT Pertamina (Persero). The drilling results of Bunyu
Bunyu dinyatakan lolos passing grade 60 sebagai Field earned minimum passing grade of 60, and
batas minimal, dan memperoleh nilai 72,27. scored 72.27.

APLIKASI PERTAMINA DRILLING WAY

Pertamina Drilling Way Application
Pertamina Drilling Way (PDW) yang digagas Pertamina Drilling Way (PDW) was initiated by
PT Pertamina (Persero), merupakan strategi PT Pertamina (Persero), a strategy of creating a
menciptakan pendekatan terstandar pelaksanaan standardized approach to the implementation
praktik-praktik terbaik eksekusi pengeboran. of best practices for drilling execution. PDW was
PDW disusun lebih dari 100 orang dari seluruh PT prepared by more than 100 people from all over
Pertamina (Persero) di bawah koordinasi Komite PT Pertamina (Persero) under the coordination of
Driling. Driling Committee.
Dalam aspek operasional, penerapan PDW In the operational aspect, PDW application controls
mengatur bagaimana perilaku pemantauan the safety behavior monitoring. Meanwhile in non-
keselamatan (safety behaviour monitoring). operational aspect, it controls inter-functional
Sementara dalam aspek non-operasional diatur coordination in terms of site preparation, the use
koordinasi antar-fungsi dalam hal persiapan of tracking tools to monitor the site readiness,
lokasi, penggunaan tracking tool untuk memonitor materials, services, and others before drilling.
kesiapan lokasi, material, jasa, dan sebagainya
sebelum pengeboran.
Untuk tahun 2014, Pertamina EP menerapkan In 2014, Pertamina EP applied PDW at Bunyu Field,
PDW pada Lapangan Bunyu, Asset 5 sebagai Asset 5 as a pilot project. In the coming years, the
percontohan. Selanjutnya untuk tahun-tahun Company will apply PDW at other fields.
mendatang, Perusahaan akan menerapkan PDW
untuk lapangan-lapangan lainnya.
TEKNOLOGI INJEKSI UNTUK EOR INJECTION TECHNOLOGY FOR EOR

Enhanced oil recovery (EOR) atau pengurasan lanjut The Company continues to develop Enhanced oil
lapisan terus dikembangkan Perusahaan, untuk recovery (EOR), to help increase oil production. EOR
membantu peningkatan produksi minyak. Proyek projects are conducted in wells that have undergone
EOR dilakukan pada sumur-sumur yang telah primary recovery process.
melewati proses pengurasan lapisan primer.
Secara umum setelah tahapan eksplorasi ada dua In general, after the exploration stage, there are
cara pengambilan minyak dari perut bumi, yakni: two ways of extracting the oil from the bowels of the
1. Pertama, pada tahapan lapisan primer earth, namely:
(primary recovery) diambil dengan memakai 1.
First, at the primary recovery, oil was
tenaga dorong alamiah (natural flow) ataupun extracted using natural flow or artificial pump.
menggunakan pompa artificial.
2. Kedua, setelah tahapan pengurasan lapisan 2.
Secondly, after primary recovery stage is
primer dilaksanakan maka volume cadangan executed, the volume of oil reserves in the reservoir
minyak di reservoir menjadi berkurang, is decreased, so that the remaining oil reserves
sehingga cadangan minyak tersisa perlu need to be directed into the recovery radius with
digiring ke radius pengurasan dengan injeksi water injection, chemical, CO2, steam flood or
air, kimiawi, CO2, uap (steam flood) maupun microbial EOR.
mikroba (microbial EOR).
Pada tahapan pengurasan lanjut lapisan sekunder, In the secondary recovery stage, water injection is
lazimnya dipilih injeksi air karena lebih murah. typically chosen because it is cheaper. Moreover,
Terlebih setiap sumur biasanya juga memproduksi each well normally produces water as well. The old
air. Bahkan, pada sumur-sumur tua produksi air wells even produce abundant water so it does not
berlimpah sehingga tidak perlu didatangkan dari need to be brought in from another place. The water
tempat lain. Air inilah yang kemudian diinjeksikan is then reinjected. [G4-EN10]
kembali. [G4-EN10]
Sementara untuk tahapan pengurasan lanjut As for tertiary recovery, chemical flood, steam
lapisan tersier digunakan injeksi kimiawi (chemical flood, CO2, or MEOR are used. Selection of injection
flood), injeksi uap (steam flood), CO2, ataupun depending on the type of reservoir in each well.
MEOR. Pemilihan injeksi tergantung jenis reservoir di
masing-masing sumur.

Pertamina EP menerapkan praktik-praktik terbaik Pertamina EP applies best practices in the EOR
dalam pelaksanaan EOR, terutama proses injeksi, implementation, especially the injection process,
sehingga tenggat waktu untuk produksi puncak so the time for EOR peak production can be
EOR dapat dipersingkat. Pada injeksi air, puncak accelerated. In water injection, peak production can
produksi didapat dalam kurun waktu 2-3 tahun be reached within 2 to 3 years from the start of the
sejak dimulainya proyek. Sementara dengan injeksi project. While the chemical injection takes about five
kimiawi dibutuhkan waktu sekitar lima tahun dari years from kick-off of the project.
saat kick off proyek.
Air yang diinjeksikan bukan sembarang air, namun The water injected is not just any water, but the water
air yang telah melalui proses pemurnian dan steril that has been through the process of refining and
dari unsur-unsur yang dapat merusak pipa ataupun sterile from elements that could damage the pipe or
reservoir di dalam tanah. Air dari kegiatan produksi reservoir in the ground. Water from the production
terlebih dahulu dikirim ke tangki penampungan activities is first sent to a storage tank and filtered.
dan disaring. Setelah itu, air dialirkan ke kolam dan Afterwards, the water is flowed into the pond and
dipompa ke tangki-tangki pengolahan di fasilitas pumped into processing tanks at water treatment
water treatment process. Berbagai bahan kimia facilities. Various chemicals are then mixed to
kemudian dicampurkan untuk menghapus berbagai remove particles and elements in it, so that the pipe
partikel dan unsur di dalamnya, sehingga pipa di in the well can be prevented from clogging. The
sumur bisa terhindar dari penyumbatan. Air tersebut water is then pumped to the water injection plant
kemudian dipompa ke fasilitas water injection plant facility and after being filtered is reinjected into EOR
dan setelah disaring kembali baru diinjeksikan ke wells.
sumur-sumur EOR.
Pertamina EP telah mengembangkan EOR sejak Pertamina EP has been developing EOR since 1976
tahun 1976 pada sumur-sumur yang memasuki in the wells that entered the secondary recovery
tahapan pengurasan lanjut lapisan sekunder. Pada stage. In 2014, we tested the tertiary recovery stage
tahun 2014, kami melakukan ujicoba tahapan at Tanjung Field, and chemical flood pilot kick off will
pengurasan lanjut lapisan tersier di Field Tanjung, begin in 2015.
dan kick off pilot chemical flood akan dimulai tahun
2015.
Untuk keperluan pelaksanaan EOR, sampai dengan In order to implement EOR, until the end of 2014,
akhir tahun 2014 Pertamina EP sudah melakukan Pertamina EP has conducted screening at 20 fields,
pemeriksaan (screening) pada 20 lapangan, covering 168 structures and 2,323 recovery zones.
mencakup 168 struktur dan 2.323 zone pengurasan. Nine fields with production ready status for water
Sembilan Lapangan berstatus siap produksi untuk injection (POFD), and five fields had the status of full
injeksi air (POFD), dan lima Lapangan sudah scale water flood.
KEBERLANJUTAN 2014
berstatus skala penuh injeksi air (full scale water
flood).
KINERJA
SUMUR TANJUNG UJICOBA EOR TERTIARY RECOVERY
Tanjung Well EOR Tertiary Recovery Trial
Salah satu sumur EOR adalah Sumur RNT-4INJ yang One of EOR wells is RNT-4INJ well located at Rantau
ada Field Rantau, Asset 2. Sumur ini rencananya Field, Asset 2. The excavation plan of the well is up to
akan ditajak sampai kedalaman 660 meter, dan a depth of 660 meters, and is prepared for tertiary
dipersiapkan untuk tahapan pengurasan lanjut recovery stage with chemical injection. The trial
lapisan tersier (tertiary recovery) dengan injeksi had been carried out in 2014 by using surfactant
kimiawi. Ujicoba telah dilangsungkan pada 2014 produced by IPB and UGM.
dengan menggunakan surfaktan yang dibuat oleh
IPB dan UGM.
Field Rantau juga sudah lebih dahulu melakukan Rantau Field also had already carried out secondary
pengurasan secondary recovery dengan injeksi air recovery with water flood and kick off was in
(water flood) dan kick off dilakukan pada Desember December 2010. EOR peak production at Rantau
2010. Peak production EOR pada Field Rantau Field was planned in 2019 at 7,500 BOPD
direncanakan pada 2019 sebesar 7.500 BOPD.

Selain menggunakan surfaktan, injeksi kimiawi In addition to surfactant, chemical injection in EOR
pada proyek EOR untuk lapisan lanjut tersier juga project for tertiary recovery also uses CO2, which
memanfaatkan CO2, yang sudah diujicoba pada has been tested in wells at Jatibarang Field, Asset
sumur di Field Jatibarang, Asset 3. Pemanfaatan 3. The use of CO2 for EOR injection carried out in
CO2 untuk injeksi EOR dilaksanakan bekerjasama collaboration with Japan, because it requires a more
dengan Jepang, karena memerlukan pengerjaan complex work and large costs.
lebih kompleks dan biaya besar.
Sumur di Field Jatibarang dipilih karena produksi gas Wells at Jatibarang Field were chosen due to
CO2 dari lapangan tersebut belum dimanfaatkan production of CO2 from the field has not been used
maksimal. Jika proyek ini berhasil, maka bukan to their maximum. If this project is successful, not
tidak hanya berkontribusi pada pengurangan emisi only it will contribute to the reduction of carbon
karbon, tetapi juga memiliki nilai ekonomi lain dari emissions, but also has other economic value from
insentif karbon kredit. [G4-EN19] [G4-EC2]. carbon credit incentives. [G4-EN19] [G4-EC2].
TEKNOLOGI PEMBORAN LEPAS PANTAI OFFSHORE DRILLING TECHNOLOGY

Kami juga mulai mengembangkan pemanfaatan We also began to develop the utilization of potential
potensi cadangan migas di lepas pantai (offshore). offshore oil & gas reserves. We have gradually
Secara bertahap kami berencana melaksanakan planned to carry out drilling at offshore fields.
pengeboran pada Lapangan offshore.
Pertamina EP akan melakukan eksplorasi di Blok Pertamina EP will conduct exploration in Glagah
Glagah, Kambuna, Sumatra Utara, yang sebelumnya Block, Kambuna, North Sumatra, which was
dioperasikan Salamander Energy Ltd., dengan status previously operated by Salamander Energy Ltd.,
kemitraan TAC. Eksplorasi di Blok Glagah Kambuna under TAC partnership. Exploration in Glagah Block
akan menjadi pengeboran eksplorasi pertama di will be the first exploration drilling at sea carried out
laut yang dilakukan oleh Perusahaan. by the Company.
Pengeboran direncanakan berlangsung pada The drilling is planned to take place in 2016. During
tahun 2016. Selama kurun waktu tahun 2014–2015, 2014 to 2015, the Company is finalizing all the
Perusahaan mematangkan segenap sumber daya resources that will be used, including technology
yang akan digunakan, termasuk termasuk pemilihan selection and involvement of employees who have
teknologi dan pelibatan pekerja yang memiliki the competencies to operate offshore fields.
kompetensi untuk pengelolaan ladang lepas pantai.
Pertamina EP telah mengelola dua Lapangan lepas Previously, Pertamina EP has been operating two
pantai, yakni Lapangan X-Ray di lepas pantai offshore fields, X-Ray Field offshore Indramayu, West
Indramayu, Jawa Barat, dan Lapangan Poleng, di Java, and Poleng Field, offshore Gresik, East Java.
lepas pantai Gresik, Jawa Timur. Namun di kedua However, the Company merely manages the two
Lapangan ini, Perusahaan hanya bersifat mengelola fields, considering they are existing fields.
kembali, mengingat lapangan-lapangan tersebut
sebagai lapangan eksisting.

LAPANGAN X RAY
X Ray Field
Lapangan X-Ray sebelumnya bernama Anjungan X-Ray Field was previously referred to as Anjungan
Arimbi dan mulai diproduksikan tahun 1976 oleh Arimbi and began to be produced in 1976 by ARCO,
ARCO, sebuah perusahaan migas multinasional dari a multinational oil & gas company of the United
Amerika Serikat. Tahun 1999 ARCO menyerahkan States. In 1999 ARCO handed back Anjungan
kembali Anjungan Arimbi kepada Pemerintah Arimbi to the Government of Indonesia, which then
Indonesia, yang kemudian meneruskan kepada PT forwarded it to PT Pertamina (Persero).
Tahun 2001 Anjungan Arimbi dibuka kembali In 2001, Anjungan Arimbi reopened with a new
dengan nama baru: Lapangan X-Ray, dan dikelola name: X-Ray Field, and has been operated by
Pertamina EP. Lapangan lepas pantai (offshore) ini Pertamina EP. The offshore field was originally set up
awalnya disiapkan sebagai tempat pendidikan bagi as a place for education to learn about offshore oil &
proses pembelajaran pengeboran dan produksi gas drilling and production. Because of the potential
migas lepas pantai. Karena potensi cadangan yang of remaining reserves are still large, this field was
tersisa masih besar, maka Lapangan ini kemudian then decided to be developed.
diputuskan untuk dikembangkan.
Lapangan X-Ray terdiri dari empat remote platform, X-Ray Field consists of four remote platforms, namely
yakni Alpha, Bravo, Delta dan XMA. Setiap remote Alpha, Bravo, Delta and XMA. Each remote platform
platform memiliki sembilan sumur. Saat ini yang has nine wells. Alpha, Delta and XMA are currently
masih berproduksi adalah Alpha, Delta dan XMA, in production, while Bravo is no longer in production
sedangkan Bravo tidak lagi berproduksi disebabkan due to the leak in mine oil line (MOL) to the gathering
adanya kebocoran pada mine oil line (MOL) menuju platform at Alpha.
KEBERLANJUTAN 2014
platform pengumpul di Alpha.
KINERJA
Produksi Anjungan X-Ray adalah 1.250 BOPD, dan X-Ray platforms production was 1,250 BOPD, and
masih potensial ditingkatkan hingga 7.500 BOPD. still have potential to be increased to 7,500 BOPD.
Selain minyak, Anjungan X-Ray juga menghasilkan In addition to oil, X-Ray platforms also produces gas
gas dari Sumur 5 Alpha dan Sumur XMA. Produksi from Alpha 5 and XMA wells. Production of gas is
gas digunakan sebagai bahan bakar pembangkit used to fuel power plants for operating needs in the
listrik untuk kebutuhan operasi di sumur-sumur pada wells at X-Ray Field.
Lapangan X-Ray.

LAPANGAN POLENG
Poleng Field
Lapangan offshore lainnya adalah Lapangan Other offshore field is Poleng Field in Madura Block,
Poleng di Blok Madura, Jawa Timur, yang sebelumnya East Java, which was previously operated by TAC
dikelola konsorsium kemitraan TAC: Kodev Ltd., dan partnership consortium: Kodev Ltd., and CNOOC.
CNOOC. Pasca-terminasi kemitraan pada akhir Post-termination of the partnership at the end
tahun 2013, Lapangan Poleng dikelola Pertamina of 2013, Poleng Field has been operated by PT
EP dengan tingkat produksi 2.320 BOPD, dari target Pertamina EP with production of 2,320 BOPD, from
sekitar 2.412 BOPD. potential approximately 2,412 BOPD.
Anjungan minyak di Poleng memompa minyak dari Oil platforms at Poleng pumped oil from a depth of
kedalaman 60 m di bawah permukaan laut. Meski 60 m below sea level. Although the field has been
Lapangan sudah dieksplorasi sejak tahun 1972 dan explored since 1972 and began to be developed
mulai dikembangkan pada 1978, namun peluang in 1978, but the opportunity to increase production
untuk menaikkan produksi sangat terbuka, karena remains open, because out of 34 new wells, only 13
dari 34 sumur yang ada baru 13-15 sumur yang to 15 wells have been operated.
dioperasikan.
Pada tahun 2015, direncanakan ada tiga In 2015, there were three drilling plans of new wells
pengeboran sumur baru dan sembilan pengeboran and nine workover drilling. Meanwhile the production
workover. Sementara target produksi untuk tahun target for 2015 from Field Poleng is 2,872 BOPD.
2015 dari Lapangan Poleng adalah 2.872 BOPD.

TEKNOLOGI PENDUKUNG BISNIS
Business Support Technology
TEKNOLOGI INFORMASI INFORMATION AND COMMUNICATION

DAN KOMUNIKASI (ICT) TECHNOLOGY (ICT)
Visi Vision
Menjadi penyedia layanan teknologi informasi dan To become a world class service provider of
komunikasi (ICT) berkelas dunia pada industri hulu information and communication technology (ICT) in
minyak dan gas. the upstream oil and gas industry
Misi Mission
1. Memposisikan teknologi informasi dan 1. Positioning the information and communication
komunikasi sebagai pendaya strategis untuk technology as a strategic driver to achieve
mencapai sasaran bisnis dengan berfokus business targets by focusing on effectiveness,
pada efektivitas, efisiensi, kerahasiaan, efficiency, confidentiality, integrity, availability,
integritas, ketersediaan, kepatuhan dan compliance and reliability.
keandalan. 2. Continuously increasing contribution and value
2. Secara terus menerus meningkatkan kontribusi of information and communication technology
dan nilai teknologi informasi dan komunikasi for Pertamina EP’s business.
bagi bisnis Pertamina EP. 3. Providing information technology, application
3. Menyediakan teknologi Informasi, pengem- development and maintenance as well as
bangan dan pemeliharaan aplikasi serta Pertamina EP’s business process.
memproses proses bisnis Pertamina EP.
Sasaran Targets:
a. Tersedianya layanan end-user computing a. Availability of end-user computing services
yang memuaskan pelanggan. that satisfy customers.
b. Menjadi ICT Service Provider yang mampu b. To be an ICT Service Provider that is able to
memenuhi kebutuhan pelanggan. meet customers’ needs.
c. Meningkatkan kualitas Tata Kelola TI (IT c. To improve the quality of IT Governance based
Governance) didasarkan pada best practice on best practice standards.
standards. d.
To improve Information Technology
d. Meningkatkan infrastruktur Teknologi Informasi infrastructure that has strong security with high
yang mempunyai keamanan tangguh dengan availability and reliability.
availability dan reliability yang tinggi. e. To have qualified human resources, who
e. Memiliki SDM berkualitas, yang bekerja work based on the principles of operational
berdasarkan prinsip-prinsip operational excellence.
KEBERLANJUTAN 2014
excellence.
KINERJA
Fungsi ICT memegang peran penting mendukung ICT function plays an important role in supporting
kebutuhan teknologi informasi dan komunikasi the needs of information and communication
di seluruh wilayah kerja Pertamina EP. Dukungan technologies in all working areas of Pertamina EP.
diperlukan mengingat wilayah kerja Perusahaan The support is needed given the Company’s working
meliputi area dari Sabang hingga Merauke, areas spread across Sabang to Merauke, with
dengan ribuan pekerja dan seluruh tahapan proses thousands of employees and all stages of upstream
operasional maupun produksi hulu migas. oil & gas operating and production process.
Fungsi ICT menjadikan Perusahaan mampu ICT Function has enabled the Company to
melakukan studi termutakhir dalam ekplorasi, conduct the latest studies in exploration, project
percepatan proyek pengembangan, dan development acceleration, and efficient production
peningkatan produksi yang efisien. Selain itu increase. It also meets the needs for communication,
juga menjawab kebutuhan komunikasi, proses automated process, easy access to information, as
otomatisasi, kemudahan akses informasi, serta well as the consolidated reporting of administration
pelaporan konsolidasi administrasi dan operasi. and operations.

ICT MASTER PLAN ICT MASTER PLAN

Pertamina EP telah memiliki Rencana Induk Pertamina EP has the Information and
Teknologi Informasi dan Komunikasi (Information Communication Technology Master Plan, which is
and Communication Technology Master Plan), contained in the Long-Term Corporate Plan (RJPP)
yang tercantum dalam Rencana Jangka Panjang 2011-2015. ICT Master Plan of PT Pertamina EP
Perusahaan (RJPP) 2011-2015. ICT Master Plan contains the Enterprise Architecture (EA) that meets
Pertamina EP berisi Enterprise Architecture (EA) yang the business needs through access to information,
memenuhi kebutuhan bisnis melalui akses informasi, use of applications, and information technology
pemanfaatan aplikasi, dan fasilitas infrastruktur infrastructure facilities to achieve the vision, mission,
teknologi informasi untuk mencapai visi, misi, dan and targets of the organization.
sasaran organisasi.
Pencapaian ICT Master Plain Pertamina EP pada Achievements of PT Pertamina EP ICT Master Plan in
tahun 2014 adalah: 2014 are:
1. Surveillance ISO 20000 – G&G Data 1. S
urveillance of ISO 20000 - G&G Data
Management Services 2014 Management Services 2014
Pada bulan September 2013 Fungsi ICT In September 2013, ICT function of Pertamina
Pertamina EP setelah mendapatkan sertifikasi EP has received IT Service Management System-
IT Service Management System–ISO/IEC 20000- ISO/IEC 20000-1:2011 from BSI (British Standards
1:2011 dari BSI (British Standards Institution) untuk Institution) for Geological and Geophysical data
layanan data Geologi dan Geofisika. Selanjutnya services. In order to maintain the certification,
untuk mempertahankan sertifikasi tersebut, setiap each year BSI conducts surveillance audit and in
tahun BSI melakukan surveillance audit dan pada the third year requires recertification.
tahun ketiga perlu dilakukan sertifikasi ulang.
Pertamina EP dinyatakan telah lulus dari Pertamina EP was declared to have passed
Surveillance Audit ISO 2000 untuk layanan G&G, the Surveillance Audit of ISO 2000 for G&G
yang diselengarakan pada 8-9 September service, which was held on September 8 to 9,
2014. Pelaksanaan audit meliputi pemeriksaan 2014. The audit includes examination of the
terhadap implementasi dan perbaikan, antara implementation and improvement, among others:
lain: a. Review of the changes in the organization
a. Review perubahan dalam organisasi b. Management meetings
b. Rapat manajemen c. Internal audit
c. Internal audit d. Customer complaints handling
d. Penanganan komplain pelanggan e. Corrective and preventive action
e. Corrective dan preventive action f. Changes in scope/activities since the last audit
f. Scope/aktivitas yang berubah sejak audit g. Use of certification logo.
terakhir
g. Penggunaan logo sertifikasi.
Pada tanggal 8-9 September 2014, ICT Pertamina On September 8 to 9, 2014, ICT of Pertamina EP has
EP telah dinyatakan lulus Audit Surveillance ISO passed the ISO 20000 Surveillance Audit for G&G
20000 untuk layanan G&G. services.
2.
Pengelolaan Data Sub Surface Pertamina EP 2. Pertamina EP Sub-Surface Data Management
Meliputi Covering
a. Assessment Sistem Pengelolaan Data a. Data Management System Assessment
b. Pengelolaan Data content: b. Data Management content:
• Pembenahan data core melalui program core • Improve core data through the core
reservation reservation program
• Digitalisasi data melalui program remastering • Data digitization through remastering
• Penyelamatan data melalui program alih program
media • Data rescue through the conversion program
• Penyimpanan data di Pertamina Upstream • Data storage in Pertamina Upstream
Technology Center Technology Center
c. Data Stewardship c. Data Stewardship
• Pembuatan STK Pengelolaan Data • STK for Data Management
• Pedoman naming convention • Guidelines of naming convention

3. Pengelolaan Software GGRPFDE 3. GGRPFDE Software Management
Webhosting adalah sebuah solusi sentralisasi Webhosting is a centralized solution of GGRPFDE
sistem GGRPFDE, termasuk didalamnya aplikasi, system, including applications, data, licenses and
data, lisensi dan hardware. Digunakan untuk hardware. It serves the user’s needs in accessing
melayani kebutuhan user dalam mengakses applications and GGRPFDE data in support of
aplikasi dan data data GGRPFDE dalam sub-surface and surface evaluation activities
mendukung kegiatan evaluasi sub surface dan within Pertamina EP.
surface di lingkungan Pertamina EP. In 2014, the Webhosting Project has entered the
Pada tahun 2014 ini, Project Webhosting sudah Second Generation which already included areas
memasuki Generasi Kedua dimana sudah of Jakarta and Prabumulih sites. The user function
mencakup site Area Jakarta dan Prabumulih. consists of Exploration, Exploitation, EOR, Project
Dimana fungsi pengguna terdiri dari Fungsi Development functions both at head office and
Eksplorasi, Eksploitasi, EOR, Project Development Asset 2. This system has already used GGRPFDE
baik di Kantor Pusat maupun di Asset 2. Sistem Integrated Data Backup technology.
ini sudah menggunakan teknologi GGRPFDE
Integrated Data Backup.
4. Reposisi Sumur 4. Well Reposition

Kondisi saat ini data koordinat aset yang dimiliki Condition of current coordinate data of assets
oleh Pertamina EP belum semuanya terdefinisi owned by PT Pertamina EP has not been entirely
dalam satu sistem referensi tunggal, termasuk defined in one single reference system, including
koordinat sumur eksisting baik eksplorasi maupun the coordinate of existing exploration and
eksploitasi. Sebagian Lapangan Pertamina EP exploitation wells. Some of PT Pertamina EP’s
merupakan lapangan peninggalan kolonial fields were formerly belonging to Dutch colonial
Belanda. Dengan datum dan sistem koordinat government. The datum and coordinate system
bersifat lokal dan berbeda-beda di tiap are local and vary in each field. Seismic acquisition
lapangan. Akusisi seismik dan operasi pemboran and drilling operations at present have been using
pada masa sekarang telah menggunakan datum global datum and coordinate system.
dan sistem koordinat global.
Agar semua aset sumur PT. Pertamina EP baik In order for all of the asset wells of PT. Pertamina EP
eksplorasi maupun eksploitasi yang diukur both exploration and exploitation measured have
sudah dalam sistem koordinat nasional DGN95 been in the DGN95/WGS'84 national coordinate
/ WGS’84, dan sistem tingginya telah mengacu system, and altitude system has been referring to
pada Mean Sea Level (MSL). Meningkatkan level of the Mean Sea Level (MSL). It increased the level
confidence terhadap data koordinat sumur yang of confidence of the valid well coordinate data
valid dan digunakan dalam kegiatan operasi dan and used in operating and production activities,
produksi terutama dalam analisa G&G, korelasi especially in the G&G analysis, well correlation,
KEBERLANJUTAN 2014
sumur, penentuan titik lokasi sumur pemboran determination of drill hole locations.
Pada tahun 2014 ini, reposisi sumur yang telah In 2014, the well reposition that has been done at
dilakukan adalah di wilayah kerja Asset 1 dan working areas of Asset 1 and Asset 2. The number
KINERJA
Asset 2 dengan jumlah sumur yang diukur sebagai of wells that were measured as follows:
berikut: 1. Pangkalan Susu, 43 wells.
1. Pangkalan Susu, 43 sumur. 2. Rantau, 48 wells.
2. Rantau, 48 sumur. 3. Pendopo and Adera, 57 wells.
3. Pendopo dan Adera, 57 sumur.
5 Penghargaan Khusus 5 Special Awards

•
SAG (Special Achievement in GIS) Award. • SAG (Special Achievement in GIS) Award.
Diberikan oleh Environmental System Research The award is given by the Environmental System
Institute (ESRI) kepada organisasi atau pengguna Research Institute (ESRI) to organizations
yang berprestasi dalam mengembangkan or users who excel in developing useful and
aplikasi bermanfaat dan inovatif dengan innovative applications using Geographic
menggunakan teknologi Geographic Information System (GIS), as well as applying
Information System (GIS), serta menerapkan geospatial technology to develop and meet
teknologi geospasial untuk mengembangkan the needs of the organization and the wider
dan memenuhi kebutuhan organisasi dan community in various sectors including oil.
juga masyarakat luas dalam berbagai sektor The award is given each year at the Esri
termasuk perminyakan. Penghargaan diberikan International User Conference, which is an
setiap tahun pada event Esri International annual conference held by Esri in San Diego -
User Conference yang merupakan konferensi California, United States.
tahunan yang diadakan oleh Esri di San Diego
– California, Amerika Serikat.

Pertamina EP menjadi nominator dan berhasil Pertamina EP was nominated and successfully
menerima peghargaan SAG Award pada received the SAG Award at the ESRI International
ESRI International User Conference 2014 yang User Conference 2014, which was attended by
dihadiri oleh sekitar 16 ribu peserta. Pertamina about 16,000 participants. Pertamina EP was
EP dinilai telah melakukan inovasi dalam considered to have made an innovation in
pengembangan Geodatabase. Geodatabase development.
• Excellent Category – VP ICT – Inspiring • Excellent Category - VP ICT - Inspiring
Leader for Continuous Improvement Leader for Continuous Improvement
Program Pertamina EP – 2014 Program of Pertamina EP - 2014
• Gold Category – GKM Toner – • Gold Category - GKM Toner - Continuous
Continuous Improvement Program Improvement Program of Pertamina EP -
Pertamina EP – 2014 2014
• Gold Category – SS Semantik – • Gold Category - SS Semantics -
Continuous Improvement Program Continuous Improvement Program of
Pertamina EP – 2014 Pertamina EP - 2014
• Silver Category – GKM Drama – • Silver Category - GKM Drama -
Continuous Improvement Program Continuous Improvement Program of
Pertamina EP – 2014 Pertamina EP - 2014
SISTEM OPERASI TERPADU (SOT) SKK MIGAS PRODUCTION INTEGRATED

PRODUKSI SKK MIGAS OPERATING SYSTEM (SOT)
Proses Pencatatan Data Produksi Pertamina EP Production Data Recording Process of Pertamina
mengacu kepada QAS (Quantity Accounting System) EP refers to the QAS (Quantity Accounting System),
yang dikelola melalui Sistem Operasi Terpadu managed through the Integrated Operating System
(SOT), yang dicatatkan secara on-line day to day (SOT), which is recorded on-line day to day by the
oleh Operator. Data yang dicatat dari SPU hingga Operator. Data recorded from SPU up to the Terminal
Terminal ini ini selanjutnya akan disetujui secara will be approved in stages ranging from Supervisor
berjenjang mulai dari Supervisor sampai dengan to FM.
FM.
SOT terintegrasi dengan SKK Migas sehingga dapat SOT SKK integrated with the production of oil and
memantau produksi secara waktu nyata (real time). gas that can monitor in real time (real time). Replace
SOT menggantikan Sistem Informasi Operasi (SIO) SOT Information Systems Operations (SIO), which
yang selama ini digunakan. Dengan SOT maka has been used. With the synergy SOT data needs
sinergi kebutuhan data diharapkan dapat mengacu are expected to refer to the data structure of the
pada struktur data Pedoman Umum Pelaporan General Guidelines for Reporting Operations (PUPO)
Operasi (PUPO) sesuai imbauan SKK Migas. according to SKK Migas appeal.
Dengan pemberlakuan SOT ini, diharapkan data With the implementation this SOT, data obtained is
yang diperoleh memiliki confidence level yang tinggi expected to have a high confidence level (auditable
(auditable dan accountable) sebagai dasar untuk and accountable) as a basis for evaluation/re-
melakukan evaluasi/ re-evaluasi. evaluation.
Dalam pengembangan mendatang, proses In future development, production data recording

pencatatan data Produksi tidak hanya dimulai dari process will not only start from the SPU to the
level SPU sampai dengan Terminal, namun akan Terminal level, but will be recorded starting from the
dicatatkan mulai dari level sumur. level of the well.
IMPLEMENTASI SOT MELALUI TAHAPAN-TAHAPAN SEBAGAI BERIKUT:

Stages of SOT implementation are as follows:
DEVELOPMENT PHASE DEPLOY PHASE MONITORING PHASE
1. Fase Pengembangan 2. Fase Penyebaran 3. Fase Pengawasan
Pemodelan Aliran Fluida Penentuan Titik Pengukuran Go Live
Parameterisasi Titik Pengukuran Kesepakatan Titik Pengukuran Monitoring & Friendly
Design Aplikasi Survei Lapangan Reminder
Design Mekanisme Implementasi Upload Data dan Input Data
Fluid Flow Modeling Determination of Measurement Points Go Live

Parameter Estimation of Measurement Measurement Point Agreement Monitoring & Friendly
Point Field survey Reminder
Design Applications Data Upload and Data Input
Implementation Mechanism Design

DATA-DATA YANG DICATATKAN KE DALAM SOT
The data recorded in the SOT include:
Stock Awal (PPP / Terminal) Beginning Stock (PPP/Terminal)

Stock Awal Field/SPU Beginning Stock of Field/SPU
Penerimaan Produksi di SPU Production Receipt at SPU
Kirim dari SPU ke PPP Sent from SPU to PPP
Penerimaan Produksi (Harian) Production Receipt (Daily)
Penerimaan Produksi (Bulanan) Production Receipt (Monthly)
Available Crude to Lift Available Crude to Lift
Supply Quantity Supply Quantity
Receive Quantity Receive Quantity
Lifting Quantity Lifting Quantity
Stock Akhir (PPP/Terminal) Ending Stock (PPP/Terminal) Ending
Stock Akhir Field/SPU Stock of Field/SPU
Stock Minyak di pipa Oil Stock in pipe
Dead Stock PPP/Terminal Dead Stock of PPP/Terminal
Dead Stock SPU/Field Dead Stock of SPU/Field
Produksi Production
Kirim ke Transporter (Pertamina Gas) Sent to Transporter (Pertamina Gas)
Kirim Langsung Ke Konsumen Directly Sent to Consumer
Konsumen Consumer
Own Use Own Use
Venting Venting
Flare Flare
Gas Lift Gas Lift
KEBERLANJUTAN 2014
KINERJA

ARSITEKTUR SISTEM INFORMASI

Information System Architecture
KKKS /
OPERATOR
ENTERPRICE SERVICE BUS (ESB)

International standard & industry best practices
• PRODML/WITSML/RESQML Information,
Measurement Values
Asset Operators • ISA S88/S95, ISO 15926, IEEE 61970/68 For SKK UKP4
Processes Systems asset and physical hierarchy representation MIGAS KPK
• ISO 15926, & Mimasa, for asset life cycle PRESIDEN RI
management
• GPX
• XBRL
• XML-HR
JUST IN TIME INFORMATION PIPELINE
KKKS /
OPERATOR
PENERAPAN MANAGED PRINT SERVICE (MPS) MANAGED PRINT SERVICE (MPS) APPLICATION
Dalam hal pengelolaan administrasi, Perusahaan In terms of administration, the Company has
telah menerapkan Managed Print Service (MPS), implemented a Managed Print Service (MPS), which
yang merupakan penyediaan layanan print, scan, is the provision of print, scan, copy, and fax services
copy, fax dengan pengelolaan terukur yang efektif with effective, efficient and measured management.
dan efisien. Pengelolaan biaya terintegrasi melalui Cost management is integrated through the
konsep biaya print per lembar meliputi biaya concept of print per sheet fee covering the cost of
device dan consumable serta memiliki keunggulan devices and consumables as well as the advantages
dibandingkan sistem konvensional. compared to conventional system.
Penerapan sistem ini memberikan keuntungan yaitu The system application provides the advantages,
efisiensi biaya, produktifitas kerja, serta keamanan such as cost efficiency, productivity, and more
dokumen yang lebih terkontrol. Selain itu, sistem ini controlled document security. In addition, this system
juga memberikan manfaat dalam hal pengurangan also provides benefits in terms of reducing the use of
penggunaan kertas sehingga secara tidak langsung paper so that it in directly supports environmental
mendukung upaya pelestarian lingkungan, termasuk conservation efforts, including in terms of carbon
daam hal pengendalian emisi karbon. emissions control.
PENERAPAN DESKTOP CLOUD COMPUTING CLOUD DESKTOP COMPUTING APPLICATION

Memasuki tahun 2014, Fungsi ICT Pertamina EP Entering 2014, the ICT function of Pertamina EP
mengimplementasikan teknologi Cloud Desktop di implemented Cloud Desktop technology in the Head
lingkungan Kantor Pusat. Teknologi ini menggantikan Office. This technology replaced the previous system
sistem sebelumnya yang masih menggunakan that used conventional desktop personal computer
personal computer (PC) meja konvensional. (PC).
Dengan penerapan teknologi Cloud Desktop, maka With the application of of Cloud Desktop technology,
komputer meja konvensional yang digunakan para the conventional desktop computers used by
pegawai, digantikan sebuah perangkat thin client employees were replaced by thin client devices with
dengan dimensi lebih kecil namun berkemampuan smaller dimensions but high capacity. These devices
tinggi. Perangkat ini berfungsi menampilkan sistem have the function to display operating system and
operasi dan aplikasi-aplikasi desktop lainnya yang other desktop applications installed on the server.
terinstal di server.
Seluruh pemrosesan data yang biasanya dilakukan The entire data processing, which is usually done
oleh pengguna di masing-masing central processing by the user in each central processing unit (CPU)
unit (CPU) komputer meja konvensional, sekarang of conventional desktop computers, is now done
dilakukan secara terpusat di server. Data yang centrally on the server. The data will be stored entirely
ada akan tersimpan seluruhnya di storage server, in the storage server, so that it becomes more
sehingga menjadi lebih aman. Selain itu konsumsi secure. In addition, they use less power consumption,
listrik yang digunakan lebih sedikit, sehingga akan which will support the Company’s program in energy
mendukung program Perusahaan melakukan efficiency.
efisiensi energi.

KOMPUTER MEJA KONVENSIONAL TEKNOLOGI CLOUD DESKTOP
Conventional Desktop Computer Cloud Desktop Technology
• Data tersimpan di masing-masing CPU komputer meja. • Data tersentralisasi dan secara periodik di-back up.
Peningkatan keahlian tim CSMS. Centralized data and backed-up periodically
Data stored in each CPU of desktop computer. • Data lebih aman karena komputer hanya dapat diakses melalui
• Data rentan hilang atau rusak akibat kerusakan perangkat keras fasilias login pada sistem.
maupun virus. Prone to data loss or corrupted due to a hardware Data is more secure because the computer can only be accessed
malfunction or virus. through login facility on the system.
• Rentan pencurian data, karena penggunaan komputer meja • Konsumsi listrik lebih sedikit.
konvensional dapat dilakukan pula oleh orang lain. Prone to data Less power consumption.
theft, due to the use of a conventional desktop computer can be • Dimensi lebih kecil.
shared by others. Smaller dimension.
• Konsumsi daya listrik besar. High power consumption.
• Dimensi komputer meja relatif besar sehingga memenuhi kubikal
meja kerja. Computer table dimension is relatively large, which
fills the work cubicle.
PENERAPAN iADMS iADMS APPLICATION

iADMS merupakan perangkat lunak untuk memantau iADMS is a software for real time and integrated
data teknis transportasi oil secara waktu nyata dan monitoring of oil transport technical data at the
terintegrasi di Lapangan. Setelah diinisiasi di Field Field. After being initiated at Tambun Field in 2013,
Tambun pada tahun 2013, penerapan iADMS pada the iADMS application in 2014 still focused on
tahun 2014 masih dipusatkan pada pembenahan improving telemetering for integration on the Oil
telemetering untuk integrasi pada Dashboard Oil Transportation Dashboard Babelfish.
Transportation Babelfish.
Kami berharap pada tahun 2015 iADMS We hope that in 2015 iADMS can be applied at
dapat diterapkan di Lapangan maupun Proyek Pertamina EP’s Fields and other Development
Pengembangan Pertamina EP yang lain. Selain Project. In addition to real-time reporting, iADMS
untuk melaporkan secara waktu nyata, perangkat devices can also identify immediately all the
iADMS juga menjadikan segala permasalahan yang problems that occur in the production transport
terjadi dengan proses transportasi produksi dapat process. Thus, solution efforts become faster and
segara diketahui. Dengan demikian, upaya solusi more effective.
pun menjadi lebih cepat dan efektif.
TANGGUNG JAWAB PRODUK TERHADAP PRODUCT RESPONSIBILITY TO CUSTOMER

KONSUMEN
KEBERLANJUTAN 2014
Perusahaan berupaya menjaga kepuasan The company strives to maintain customer
pelanggan dengan menerapkan mekanisme untuk satisfaction by implementing a mechanism of
melayani komplain dari PT Pertamina (Persero) complaint service from PT Pertamina (Persero) on oil
KINERJA
terkait produk minyak yang diserahkan. Komplain products delivered. Complaints submitted by mail to
disampaikan melalui surat kepada Perusahaan dan the Company and a copy to SKK Migas. [G4-PR5]
ditembuskan kepada SKK Migas. [G4-PR5]
Until the end of 2015 there were several complaints
Sampai dengan akhir tahun 2015 ada beberapa submitted to Pertamina EP directly or indirectly
komplain yang disampaikan kepada Pertamina EP through SKK Migas. The complaints consist
langsung maupun melalui SKK Migas. Komplain of complaints on the oil volume delivered, oil
tersebut terdiri dari komplain mengenai volume specification, and demurrage on shipment.
minyak yang diserahkan, komplain mengenai
spesifikasi minyak yang diserahkan, dan komplain
mengenai demurrage saat pengapalan.
Complaints received by the Company are
Komplain yang diterima perusahaan langsung immediately followed up by:
ditindaklanjuti melalui : 1.
Verification, when the complaint concerns with
1. Verifikasi, bila komplain menyangkut jumlah volume difference.
volume yang berbeda. 2.
Analysis in independent laboratories, when the
2. Analisa di laboratorium independen, bila complain complaints related to oil specifications.
terkait spesifikasi minyak.
In addition to the complaint submitted by mail,
Selain pengaduan melalui surat, secara berkala periodically we also carry out coordination of oil and
kami juga mengadakan koordinasi penyaluran gas distribution, gas coordination meetings, shipper
minyak dan gas, gas coordination meeting, shipper coordination and optimization of lifting workshops
coordination, dan workshop optimalisasi lifting regularly. This was done as a follow-up of consumer
secara berkala. Hal tersebut dilakukan sebagai complaints as well as lifting optimization control for
tindak lanjut dari keluhan konsumen dan sebagai the future.
kontrol optimalisasi lifting untuk masa-masa
mendatang.

KINERJA KEBERLANJUTAN
YANG TERINTEGRASI
SINERGI MANUSIA, PROSES,
TEKNOLOGI DAN LINGKUNGAN HIDUP
Integrated Sustainability Performance Synergy of People, Process, Technology and Environmen
LINGKUNGAN [IR2]
Environment
Dalam menjalankan kegiatan operasionalnya, In conducting its operational activities, Pertamina

Pertamina EP berkomitmen untuk turut menjaga EP is committed to take part in environmental
kelestarian lingkungan. Kami mewujudkannya conservation. We realize it through the
melalui penyelenggaraan kegiatan operasional implementation of good operational activities, as
yang baik, dan juga praktik-praktik terbaik well as best practices of environmental management.
pengelolaan lingkungan.
PENGELOLAAN DAN PELESTARIAN ENVIRONMENTAL MANAGEMENT AND

LINGKUNGAN HIDUP CONSERVATION
Perusahaan menyertakan setiap Lapangan The Company includes every Field and Project in
maupun Proyek pada masing-masing Asset dan each Asset and Field operated under partnership in
Lapangan yang dikelola secara kemitraan pada PROPER assessment by the Ministry of Environment
penilaian PROPER oleh Kementerian Lingkungan and Forestry. PROPER 2014 assessment showed
Hidup dan Kehutanan. Penilaian PROPER tahun that the environmental management performance
2014 memperlihatkan bahwa kinerja pengelolaan should still be a shared concern of all parties in
lingkungan hidup masih harus menjadi perhatian Pertamina EP.
bersama semua pihak di Pertamina EP.
PENCAPAIAN PROPER PROPER Achievement

No TAHUN Year
EMAS Gold HIJAU Green BIRU Blue MERAH Red
1 2014 - 14 10 2
2 2013 0 19 7 0
3 2012 0 12 15 0
Pada tahun 2014, terdapat dua Lapangan yang In 2014, there were two fields that received Red
memperoleh peringkat PROPER Merah. Namun PROPER. However we made sure it was not due
kami memastikan hal tersebut bukan karena to non-compliance with laws and regulations on
ketidakpatuhan pada ketentuan perundang- environmental management, but rather due to
undangan tentang pengelolaan lingkungan, administrative problems.
melainkan lebih disebabkan permasalahan
administrasi.

PROPER HIJAU Green PROPER
No.
LAPANGAN Field ASSET
1 Field Rantau Asset 1
2 Field Pangkaan Susu Asset 1
3 Field Jambi Asset 1
4 Field Lirik Asset 1
5 Field Ramba Asset 1
6 Field Prabumulih Asset 1
7 Field Pendopo Asset 2
8 Field Subang Asset 3
KEBERLANJUTAN 2014
9 Field Jatibarang Asset 3
10 Field Tambun Asset 3
KINERJA
11 Field Papua Asset 5
12 Field Sangasanga Asset 5
13 TAC Pertamina Semberah Persada Oil
14 TAC Pertamina Insani Mitrasani Gelam
PROPER BIRU Blue PROPER
No.
LAPANGAN Field ASSET
1 Field Adera Asset 2
2 Field Cepu Asset 4
3 Field Sangata Asset 5
4 Field Bunyu Asset 5
5 Field Tanjung Asset 5
6 Field Tarakan dan Sembakung Asset 5
7 KSO SE – BWP Meruap
8 TAC Pertamina Intermega Salawati
9 TAC Pilona Peto Tanjung LontarField Jatibarang
10 KSO Pertamina EP – Benakat Barat Petroleum

PEMBIAYAAN INVESTASI LINGKUNGAN ENVIRONMENT INVESTMENT FINANCING

Komitmen pada pengelolaan dan pelestarian Commitment to environmental management and
lingkungan, juga diwujudkan melalui anggaran conservation are realized through a special budget
khusus bagi pembiayaan investasi pengelolaan for the financing of investment in environmental
dan pelestarian lingkungan. Besaran biaya investasi management and conservation. The amount of
pengelolaan dan pelestarian lingkungan pada investment costs in environmental management
tahun 2014 mencapai Rp126,01 miliar, turun and conservation in 2014 reached IDR126.01
dibandingkan tahun 2013 sebesar Rp150,65 miliar. billion, a decrease compared to 2013 at IDR150.65
Penurunan ini di antaranya karena sertifikasi ISO billion. The decrease was due to the integrated
9001, OHSAS 18001 dan ISO 14001 di Pertamina implementation of ISO 9001, OHSAS 18001 and ISO
EP sudah dilakukan secara terintegrasi dan bukan 14001 certifications at Pertamina EP and not per
per field serta implementasi operational excellence field, as well as the implementation of operational
sehingga meminimalkan limbah yang dihasilkan excellence in order to minimize the waste generated
dari kegiatan operasi. [G4-EN31] from operating activities. [G4-EN31]
BIAYA LINGKUNGAN 2014

Environmental Expenditure 2014
JUMLAH (IDR)
PERUNTUKAN Appropriation %
Amount (IDR)
Manajemen Pencegahan
61,924,340,402 49.14
Appropriation Prevention Management
Pengelolaan Emisi Udara Air Emissions Management 599,800,000 0.48
Pengelolaan Limbah Cair Liquid Waste Management 3,265,884,300 2.59
Pengelolaan Limbah B3 Hazardous and Toxic Waste Management 45,706,061,680 36.27
Pengelolaan Limbah Non-B3 Non-Hazardous Waste Management 6,446,482,437 5.12
Perlindungan Keanekaragaman Hayati dan Penghijauan
8,076,002,116 6.41
Biodiversity Conservation and Reforestation
JUMLAH TOTAL 126,018,570,935 100
PENCEGAHAN KERUSAKAN LINGKUNGAN ENVIRONMENTAL DAMAGE PREVENTION [G4-14]

[G4-14]
Pertamina EP senantiasa berikhtiar meminimalkan Pertamina EP continues the efforts to minimize
potensi dampak lingkungan dan mencegah potential environmental impacts and prevent
penurunan kualitas (degradasi) lingkungan. Upaya environmental degradation. The efforts undertaken
yang dilakukan meliputi: include:
1. Setiap kegiatan operasional di seluruh 1. Any operations at all fields have been equipped
Lapangan telah dilengkapi dokumen Analisis with the Analysis on Environmental Impact
Mengenai Dampak Lingkungan (AMDAL), (AMDAL), Environmental Monitoring Plan and
Rencana Pemantauan Lingkungan dan Rencana Environmental Management Plan (RPL & RKL)
Pengelolaan Lingkungan (RPL & RKL); documents.
2. Mendorong pengelolaan lingkungan di setiap 2. Promote environmental management in each
Lapangan untuk mendapatkan sertifikasi standar field to earn international standard certification
internasional (ISO 14001 Sistem Pengelolaan (ISO 14001 on Environmental Management
Lingkungan); System);
3. Penilaian PROPER oleh Kementerian Lingkungan 3. PROPER assessment by the Ministry of Environment
Hidup dan Kehutanan. and Forestry.
4. Penerapan Kebijakan Quality, Health, Savety, 4. Application of Quality, Health, Safety, Security
Security and Environment (QHSSE). and Environment (QHSSE) Policy.
Sepanjang tahun 2014, Fungsi Health, Safety, Throughout 2014, Health, Safety, Security and
Security and Environment (HSSE) juga memantau Environment (HSSE) Function also monitored the
kegiatan pengelolaan lingkungan di Kantor Pusat, activities of environmental management at the
Asset, Lapangan dan Proyek. Pemantauan ini juga Head Office, Assets, Fields and Projects, including
dilakukan pada Lapangan yang dioperasikan providing supervision to the fields operated
melalui kemitraan TAC maupun KSO. Kami under TAC and KSO partnerships. We ensure that
memastikan bahwa pengelolaan lingkungan telah environmental management has been conducted
dilakukan sesuai ketentuan perundang-undangan, in accordance with the laws, thus minimize potential
sehingga potensi dampak lingkungan akan dapat environmental impacts.
diminimalkan.

PENGELOLAAN PEMAKAIAN ENERGI ENERGY USE MANAGEMENT
Komitmen dalam pengelolaan dan pelestarian We realize our commitment in the environmental
lingkungan juga kami wujudkan melalui kebijakan management and conservation through the policy
dalam hal pemanfaatan energi untuk kegiatan on energy utilization for exploration and exploitation
eksplorasi dan eksploitasi, termasuk proses activities, including production process. Pertamina
produksi. Pertamina EP berupaya mengoptimalkan EP strives to optimize energy use and maximize
pemanfaatan energi dan memaksimalkan saving efforts.
penghematan yang dapat dilakukan.
PEMBANGUNAN SPBI SPBI DEVELOPMENT

Perusahaan terus menambah keberadaan stasiun The Company continues to add internal fuel filing
pengisian bahan bakar internal (SPBI) bekerjasama stations (SPBI) in cooperation with PT Pertamina
dengan PT Pertamina (Persero) sebagai penyedia (Persero) as a provider of oil fuel (BBM) and PT Patra
bahan bakar minyak (BBM) dan PT Pertamina Patra Niaga as operator. Through this partnership, the
Niaga sebagai operator. Melalui kerjasama ini, management of oil fuel and lubricant needs for
pengelolaan kebutuhan BBM dan pelumas untuk Asset and Field operations will be directly handed to
operasional Asset dan Lapangan, akan diserahkan PT Pertamina Patra Niaga.
langsung kepada PT Pertamina Patra Niaga.
Pola pelayanan SPBI menggunakan sistem Vendor SPBI services are conducted according to Vendor
Held Stock (VHS), yaitu berapa volume BBM dan Held Stock (VHS) system, which is based on the
pelumas yang terpakai untuk keperluan operasional volume of fuel and lubricants used for operations
Asset dan Lapangan. Jumlah itulah yang dibayarkan of Assets and Fields. Accordingly, the Company
Pertamina EP. Dengan demikian, Perusahaan tidak no longer needs to place order, store, monitor oil
perlu lagi memesan, menyimpan, mengawasi BBM fuel and minimize losses. In addition, SPBI services
dan meminimalkan kehilangan (losess). Selain itu, can ensure the use of oil fuel and lubricants will
dengan pelayanan SPBI maka dapat dipastikan only be reserved for operational vehicles and other
pemakaian BBM dan pelumas hanya akan operational purposes.
diperuntukkan bagi kendaraan operasional maupun
keperluan operasional lain.
Secara keseluruhan, sampai dengan akhir tahun Overall, until the end of 2014, there were 17 SPBI built
2014, terdapat 17 SPBI yang dibangun Pertamina EP, by Pertamina EP, from the plan of 19 SPBI across the
dari rencana 19 SPBI di seluruh Lapangan. Adapun Fields. The SPBI built in 2014, are:
SPBI yang dibangun pada tahun 2014, adalah: • SPBI in Jambi Field, Asset 1;
• SPBI di Field Jambi, Asset 1; • SPBI in Papua Field, Asset 5.
• SPBI di Field Papua, Asset 5.
KEBERLANJUTAN 2014
PEMAKAIAN ENERGI USE OF ENERGY
Kami meneruskan kebijakan penghematan energi We continue the policy of the energy saving that has
KINERJA
yang sudah berjalan. Upaya yang dilaksanakan been running. The efforts have been able to optimize
telah dapat mengoptimalkan pemanfaatan energi energy utilization for the Company's operational
untuk keperluan operasional Perusahaan. purposes.
Laporan ini menampilkan pemakaian energi meliputi This report displays the energy consumption
penggunaan BBM dan gas di dalam Perusahaan, including the use of oil fuel and gas within the
mencakup Lapangan yang dioperasikan sendiri, Company, covering own operation Fields, as well as
serta di luar Perusahaan pada Lapangan yang outside the company on several Fields operated by
dikelola mitra TAC maupun KSO. Sementara untuk TAC and KSO partners. Meanwhile, for the volume
volume pemakaian listrik, data yang disajikan baru of power consumption, the data presented only the
meliputi pemakaian di dalam Perusahaan. consumption within the Company. [G4-EN3] [G4-EN4]
[G4-EN3] [G4-EN4]
Pemakaian energi dalam bentuk gas pada tahun The energy consumption in the form of gas in 2014
2014 mengalami peningkatan dibandingkan increased compared to 2013. It was not independent
tahun 2013. Hal ini tidak terlepas dari kebijakan of the Company's policy on optimizing the utilization
Perusahaan, untuk mengoptimalkan pemanfaatan of gas produced in some fields, as a source of energy
gas yang dihasilkan di beberapa Lapangan, to fuel power plant. Gas utilization directly supports
sebagai sumber energi untuk menggerakkan environmental conservation efforts, due to its nature
pembangkit tenaga listrik. Pemanfaatan gas secara as a new energy source that generates low carbon
langsung mendukung upaya pelestarian lingkungan, emissions. [G4-EN6] [G4-EN19]
karena sifatnya sebagai sumber energi baru yang
menghasilkan emisi karbon rendah. [G4-EN6] [G4-EN19]

KONSUMSI ENERGI DI DALAM DAN DI LUAR PERUSAHAAN (GIGAJOULE) [G4-EN3] [G4-EN4]

Energy Consumption (GigaJoule) Within and Outside the Company
JENIS ENERGI Type of Energy 2012 2013 2014

Minyak Oil 54,302,336 52,580,199 56,459,175
Gas Gas 5,890,906,504 6,746,511,802 8,065,000,062
Listrik Power 846,841 165,282 158,265.74
JUMLAH TOTAL 5,946,055,682 6,799,257,286 8,121,617,503
Intensitas Energi pada tahun 2014 memperlihatkan Energy intensity in 2014 showed an increase to
peningkatan menjadi 92.446,61 BTU/Produk BOE. 92,446.61 BTU/Product BOE. Energy intensity is
Intensitas energi dihitung sebagai besaran energi calculated as the amount of energy used per unit of
digunakan per satuan produksi setara minyak. production of oil equivalent.
Kian rendahnya angka Intensitas Energi The declining rate of energy intensity showed lower
memperlihatkan besaran energi dibutuhkan untuk amount of energy required for the production
proses produksi menjadi lebih sedikit. Peningkatan process. The increase in energy intensity in 2014
Intensitas Energi di tahun 2014 menunjukkan showed an increase amid Pertamina EP’s efforts in
peningkatan upaya Pertamina EP dalam producing oil and gas, along with increasing use of
memproduksikan minyak dan gas yang diiringi energy. However, despite all the efforts, oil and gas
peningkatan penggunaan energi, namun belum production apparently declined.
seluruh upaya membuahkan hasil, dimana produksi
minyak dan gas ternyata menurun.
INTENSITAS ENERGI [G4-EN5]

Energy Intensity
KRITERIA Criteria SATUAN Unit 2012 2013 2014

Total Penggunaan Energi Total Use of Energy BTU 7,149,209 6,734,182 7,083,616
BTU / Produksi BOE
Intensitas Energi Energy Intensity 87,238.90 79,291.82 92,446.61
BTU/Production BOE
PENGEMBANGAN ENERGI SURYA SOLAR AND RENEWABLE ENERGY DEVELOPMENT

DAN TERBARUKAN
Sepanjang tahun 2014, kami melanjutkan Throughout 2014, we continued the development
pengembangan dan penggunaan energi and use of renewable energy derived from solar
terbarukan yang bersumber dari panas matahari. heat. We added solar cell units for power generation
Kami menambah unit panel surya (solar cell) untuk in some fields with investment value of IDR9.8 billion
pembangkit listrik pada beberapa Lapangan, and the generated power was 659,246.11 KWH. The
dengan nilai investasi mencapai Rp9,8 miliar dan generated power is used as a source of energy for
daya listrik dihasilkan sebanyak 659.246,11 KWH. lighting. [G4-EN6] [OG2] [OG3]
Listrik yang dihasilkan digunakan sebagai sumber
energi untuk penerangan. [G4-EN6] [OG2] [OG3]

UNIT PANEL SURYA TERPASANG DAN DAYA LISTRIK DIHASILKAN [G4-EN6] [OG3]
Installed Solar Panel and Generated Power
2013 2014
AREA JUMLAH PANEL SURYA JUMLAH PANEL SURYA
LISTRIK DIHASILKAN LISTRIK DIHASILKAN
Number of Solar Cells Number of Solar Cells
Generated Power (KWH) Generated Power (KWH)
(Unit) (Unit)
Head Office 15 30
Asset 1 86 62 80,934.70
Asset 2 129 65 343,164.48
Asset 3 152 140 151,088.96
Asset 4 65 100 19,140.60
Asset 5 168 84 64,917.38
JUMLAH TOTAL 615 338,000 481 659,246.11
Selain untuk kebutuhan internal, Pertamina EP juga In addition to the internal needs, Pertamina EP also
mendorong masyarakat di sekitar lokasi Perusahaan encouraged communities around the Company’s
berkegiatan untuk memanfaatkan panel surya operating sites to utilize solar panels as an alternative
sebagai sumber energi alternatif untuk sumber energy source for lighting. Through corporate social
penerangan. Melalui pelaksanaan tanggung jawab responsibility implementation, we provided solar cell
sosial perusahaan, kami memberikan bantuan supply assistance for the communities, including:
pengadaan panel surya bagi masyarakat, di
antaranya:
1. Field Pangkalan Susu, Asset 1, melakukan 1. Pangkalan Susu Field, Asset 1, installed 10 solar
pemasangan lampu panel surya sebanyak cells in Teluk Meku Village, Babalan District,
10 unit di Desa Teluk Meku, Meku Kecamatan Langkat Regency, North Sumatra. The solar
Babalan, Kabupaten Langkat, Sumatra Utara. cells were installed in 10 points of location
Pemasangan panel surya dilakukan pada including houses of worship, village roads and
10 titik lokasi meliputi rumah ibadah, jalan other public facilities. The total cost of solar cell
desa dan fasilitas umum lainnya. Total biaya supply reached IDR1.10 billion and generated
pengadaan panel surya mencapai Rp1,10 power was 659,246.11 KWH. [OG2] [OG3]
miliar dan daya listrik yang dihasilkan sebesar
659.246,11 KWH. [OG2] [OG3]
KEBERLANJUTAN 2014
2. Field Tarakan, Asset 5 bersama Universitas 2. Tarakan Field, Asset 5 together with Borneo
Borneo mengembangkan inovasi panel surya University developed innovation of solar cells
KINERJA
untuk budidaya rumput laut di daerah Pantai for seaweed cultivation in the area of Amal
Amal, Tarakan. Inovasi berupa purwarupa Beach, Tarakan. The innovation was in the form
alat pengering bertenaga surya yang mampu of a solar-powered dryer prototype, which was
mempersingkat waktu pengeringan. Keunikan able to shorten the drying time. The device
alat ini bisa digunakan pula dalam kondisi was unique as it could be used during cloudy
cuaca mendung dengan menggunakan kayu weather conditions by using firewood as heat
bakar sebagai sumber panas untuk proses source for the drying process.
pengeringan.

PEMANFAATAN GAS USE OF GAS

Sumber energi baru dan terbarukan yang terus New and renewable energy source being developed
dikembangkan Pertamina EP adalah pemanfaatan by Pertamina EP is the utilization of natural
gas bumi. Untuk itulah kami berupaya meningkatkan gas. Therefore we strive to increase natural gas
produksi gas bumi, sesuai target yang ditetapkan PT production, according to the target set by PT
Pertamina (Persero) selaku induk perusahaan. Pertamina (Persero) as the parent company.
Selain menjadi bagian dari bisnis utama Perusahaan, In addition to being part of the Company’s main
ketersediaan pasokan gas bumi dan pemanfaatan business, the availability of natural gas supply and
gas bumi sebagai sumber energi, akan turut utilization of natural gas as an energy source, will
mendukung program ketahanan energi nasional. contribute to the national energy security program.
Mengingat pemanfaatan gas bumi akan dapat Given natural gas utilization will be able to reduce
mengurangi tingkat pemakaian bahan bakar fosil, the consumption rate of fossil fuels, thus reducing
sehingga mengurangi ketergantungan Indonesia Indonesia's dependence on oil. Another benefit is low
pada minyak. Manfaat lain adalah rendahnya emisi CO2 emissions resulting from natural gas utilization.
CO2 yang dihasilkan dari pemanfaatan gas bumi.
Pada tahun 2014, Pertamina EP telah dapat In 2014, Pertamina EP has been able to increase
meningkatkan produksi gas melalui Proyek gas production through Matindok Gas Development
Pengembangan Gas Matindok (PPGM), yang Project (PPGM), which is located in Banggai, Central
berlokasi di Kabupaten Banggai, Sulawesi Tangah. Sulawesi. PPGM has five natural gas fields: Donggi
PPGM memiliki lima lapangan gas bumi: Lapangan Field, Matindok Field, Male Raja Field, Sukamaju
Donggi, Lapangan Matindok, Lapangan Male Raja, Field and Minahaki Field.
Lapangan Sukamaju, dan Lapangan Minahaki.
Hingga periode pelaporan pengerjaan di PPGM Until the reporting period, the work at PPGM was
terus berlangsung dan ditargetkan on stream di still underway and on stream target was set at the
akhir tahun 2015. Kemampuan produksi gas bumi end of 2015. Natural gas production capacity from
dari Blok Matindok diperkirakan ± 105 MMSCFD, Matindok Block was estimated at ±105 MMSCFD,
dengan kandungan kondensat ± 850 BOPD, dan with condensate deposit of ±850 BOPD, and
air yang terikut diproduksikan diperkirakan 2.500 produced entrained water was an estimated of 2,500
BWPD, dengan perkiraan umur produksi 20 tahun. BWPD, with an estimated 20 years of production life.
Gas yang diproduksi mengandung CO2 sekitar Gas production contains CO2 of about 2.5%, total
2,5%, Total sulfur 3.000 ppm dan kemungkinan juga sulfur of 3,000 ppm and may also contain other
mengandung unsur yang lainnya. substances. [OG3] [OG5] [OG6] [OG8]
[OG3] [OG5] [OG6] [OG8]
Dari volume gas yang diproduksikan, sebanyak 85 From the volume of gas production, a total of 85
MMSCFD akan dimanfaatkan untuk kebutuhan MMSCFD will be used for the needs of LNG plant.
kilang LNG. Adapun sebesar 20 MMSCD dipasok Meanwhile, 20 MMSCD is supplied to PT PLN
untuk PT PLN (Persero), yang nantinya akan (Persero), which will replace the use of oil fuel for
menggantikan pemakaian BBM untuk pembangkit power plants that will also reduce the rate of CO2
listrik sehingga juga akan menurunkan tingkat emisi emissions. [G4-EN7] [G4-EN19]
CO2. [G4-EN7] [G4-EN19]
PEMANFAATAN DAN PENGELOLAAN AIR WATER UTILIZATION AND MANAGEMENT

Kami memanfaatkan air antara lain untuk We use the water among others for domestic use
kebutuhan domestik dan operasi. Selain itu, air and operation. In addition, water is also used for
juga dimanfaatkan untuk proses injeksi air (water water injection process (water flood) in the wells of
flood) pada sumur-sumur proyek pengurasan lanjut enhanced oil recovery (EOR) project.
lapisan (EOR).
VOLUME AIR TERPAKAI WATER CONSUMPTION VOLUME

Pemakaian air untuk keperluan operasi dan domestik The water consumption for operating and domestic
di area operasi pada masing-masing Asset, purposes in the operating area of each Asset is
mayoritas dipenuhi dari sumber air permukaan. mostly supplied from surface water sources. Total
Total volume air terpakai di area operasiyang volume of greywater in the operating area within five
masuk dalam lima Asset selama tahun 2014 adalah Assets during 2014 was 10,328,795.59 cubic meters
10.328.795,59meter kubik (m3), naik dibanding (m3), increased from water consumption in 2013
pemakaian air pada tahun 2013 sebanyak of 9,277,113.89 m3. The increase in total volume of
9.277.113,89 m3. Kenaikan total volume pemakaian water consumption due to the merger of Sembakung
air disebabkan bergabungnya Sembakung ke Field to Tarakan Field (Asset 5) and Poleng Field (Asset 4)
Tarakan (Asset 5) dan Field Poleng (Asset 4) serta as well as

peningkatan upaya pencarian minyak dan gas an increase in the search for oil and gas through
melalui kegiatan pemboran. Namun dapat dilihat drilling activities. However, it can be seen that the
bahwa sumber air tambahan yang digunakan additional water source used is mostly from rainwater
adalah mayoritas dari air hujan dan air daur ulang, and recycled water, and none from surface water/
dan bukan dari air permukaan / air tanah. [G4-EN8] groundwater. [G4-EN8]
VOLUME PEMAKAIAN AIR UNTUK DOMESTIK BERDASARKAN SUMBER AIR [G4-EN8]

Water Consumption Volume for Domestic Purpose by Water Source
VOLUME (m3)
SUMBER AIR Water Source
2013 2014
Air Permukaan Surface Water 8,155,016.47 7,654,483.39
Air Tanah Groundwater 1,082,128.77 1,133,350.12
PDAM Municipal Water 0 .00 44,001.55
Air Hujan Rain Water 6,812.00 902,156.86
Lainnya Other 29,756.65 603.00
Air Daur Ulang Recycled Water 3,400.00 594,200.67
Untuk kegiatan pemboran digunakan air tanah yang For drilling activities, produced groundwater
ikut terproduksi pada setiap sumur dan kemudian is used in each well and then managed with a
dikelola dengan sistem sirkulasi tertutup dan closed circulation system and reused for pressure
dimanfaatkan kembali untuk proses pemeliharaan maintenance. Total volume of produced water
tekanan (pressure maintenance). Total volume air generated in 2014 was 63,493,554.63 cubic meters
terproduksi yang dihasilkan pada tahun 2014 adalah (m3), and all reused for water injection process
63.493.554,63 meter kubik (m3), dan seluruhnya (pressure maintenance or water flood) in EOR wells.
dimanfaatkan kembali kembali untuk proses injeksi Thus, all produced water has been able to be reused.
air (pressure maintenance atau water flood) pada There was no produced water discharged into water
sumur-sumur EOR. Dengan demikian, seluruh air bodies that threaten their biodiversity. [G4-EN8] [G4-
terproduksi telah dapat dimanfaatkan kembali. EN9] [G4-EN10] [G4-EN26] [OG5]
Tidak ada air terproduksi yang dibuang ke badan
air sehingga mengancam keanekaragaman hayati
di dalamnya. [G4-EN8] [G4-EN9] [G4-EN10] [G4-EN26] [OG5]
VOLUME INJEKSI AIR TERPRODUKSI
KEBERLANJUTAN 2014
Produced water Injection Volume
KINERJA
URAIAN Description 2012 2013 2014
Volume (m )
3
62,866,351.29 54,783,605.33 63,493,554.63
Kami mengawasi setiap pengambilan dan We monitored every withdrawal and utilization of
pemanfaatan air di masing-masing Lapangan. water in each field. These conditions have prevented
Kondisi ini menjadikan Pertamina EP tidak pernah Pertamina EP from facing complaints from the
menghadapi keluhan dari masyarakat maupun community and the authorities due to the disruption
pihak berwenang karena terganggunya sumber air of the water source in the vicinity of the operating
di sekitar lokasi operasi. [G4-EN9] sites. [G4-EN9]
PENGENDALIAN EMISI EMISSION CONTROL

Pertamina EP mendukung kebijakan Pemerintah Pertamina EP supports the Government's policy in
dalam pengendalian emisi, terutama penurunan emissions control, especially the greenhouse gas
emisi gas rumah kaca (GRK) secara nasional. (GHG) emissions reduction nationally. We continue
Kami melanjutkan studi penggunaan kembali CO2 the study of CO2 reuse in EOR wells at Jatibarang
pada sumur EOR di Field Jatibarang, dan potensi Field, and potential commercial use of CO2.
pemanfaatan CO2 secara komersial.
PENGENDALIAN EMISI EMISSIONS CONTROL

Emisi yang dihasilkan dari kegiatan Perusahaan Emissions generated from the Company's activities
berasal dari beberapa sumber, yakni: come from several sources, namely:
1. Gas buang kendaraan operasional; 1. Exhaust gas of operational vehicles;
2. Gas ikutan dari sumur-sumur eksplorasi 2. Associated gas from exploration wells and
maupun produksi, termasuk gas suar (flare). production, including gas flare.

Secara berkesinambungan, kami melakukan We continuously manage emissions sources and

pengelolaan sumber-sumber emisi dan control the generated emissions to minimize
pengendalian emisi dihasilkan untuk meminimalkan the impact of air pollution. Emissions control is
dampak terhadap pencemaran udara. implemented through activities aimed at ensuring
Pengendalian emisi dilaksanakan melalui kegiatan- the quality of emissions comply with the quality
kegiatan yang ditujukan untuk memastikan standards set by the government.
kualitas emisi telah sesuai dengan baku mutu yang
ditetapkan pemerintah.
Pengendalian emisi pada kendaraan-kendaraan Emissions control on operational vehicles, among

operasional antara lain dilakukan dengan others, is conducted through routine maintenance
perawatan rutin kendaraan dan pengujian emisi and vehicle emissions testing at regularly. This policy
secara berkala. Kebijakan ini dilaksanakan dengan is implemented by involving independent parties
melibatkan pihak independen yang memiliki who have competency in motor vehicle emission
kompetensi dalam pengujian emisi kendaraan testing. Emissions test is followed by the Company’s
bermotor. Uji emisi diikuti unit kendaraan ringan light vehicles and heavy transportation vehicles.
Perusahaan dan angkutan berat.
UJI EMISI KENDARAAN DI FIELD JAMBI

Vehicle Emissions Testing at Jambi Field
Field Jambi pada bulan Juli menggelar uji emisi Jambi Field in July held emissions testing for the
kendaraan operasional Perusahaan di rest area Company’s operating vehicles in the rest area of
transportasi, guna mengetahui kelayakan kadar transport, in order to determine the worthiness of
emisi kendaraan operasional Jambi Field. Kegiatan operating vehicles’ emissions in Jambi Field. The
diselenggarakan oleh Fungsi HSSE bersama PT activities were organized by HSSE Function with PT
Succofindo selaku pelaksana uji emisi. Sucofindo as the operator of emission test.
Uji emisi menyertakan 104 unit kendaraan ringan The emissions test was participated by 104 units of
dan angkutan berat. Adapun parameter pengujian light and heavy duty vehicles. The testing parameters
untuk kendaraan berbahan bakar solar adalah for diesel vehicles were the thickness of the smoke
ketebalan asap atau opasitas. Khusus untuk or opacity. Especially for heavy duty vehicle testing,
pengujian kendaraan berat, hasil uji emisi akan the emission test results are used to be taken into
menjadi bahan pertimbangan untuk menentukan consideration for determining the quality threshold
ambang batas kelayakan emisi kendaraan of operational vehicle emissions.
operasional.
Penyelenggaraan uji emisi merupakan bagian The implementation of the emissions test is part
dari upaya Field Jambi untuk mengendalikan of Jambi Field’s effort to control and reduce
dan mereduksi emisi GRK. Uji emisi juga menjadi GHG emissions. Emissions test also becomes the
pemenuhan terhadap Peraturan Menteri Lingkungan compliance with Regulation of the Minister of
Hidup No.5 Tahun 2006 tentang Ambang Batas Environment No. 5 of 2006 on the Threshold of Gas
Emisi Gas Buang dan Kendaraan Bermotor Lama Emissions and Old Motor Vehicle as well as the
serta pemenuhan PROPER Hijau. [G4-EN19] fulfillment of Green PROPER. [G4-EN19]
Hasil uji emisi menyatakan bahwa emisi gas buang Emission test results declared that gas emissions of
seluruh kendaraan operasional Field Jambi masih all operational vehicles at Jambi Field still meet the
memenuhi ambang batas yang ditentukan.di sekitar established threshold.
lokasi operasi.
Sementara untuk emisi yang merupakan gas rumah Meanwhile, greenhouse gases (GHG) emissions,
kaca (GRK) terutama CO2, dihasilkan sebagai especially CO2, are generated as associated gas
gas ikutan pada sumur eksplorasi maupun sumur both in exploration wells and production wells. The
produksi. Langkah-langkah pengendallian emisi masures to control GHG emissions that have been
GRK yang telah dilakukan meliputi: taken include:
Pemantauan dan pengukuran volume maupun Monitoring and measurement of the volume
kualitas emisi untuk memastikan kesesuaian and quality of emissions to ensure compliance
dengan baku mutu. Pemantauan dan pengukuran with quality standards. Monitoring and
meliputi sumber-sumber GRK yang dihasilkan dari measurement include sources of GHG

kegiatan operasional maupun kegiatan lain. Total generated from operating activities and other
volume emisi GRK yang dihasilkan pada tahun 2014 activities. Total volume of GHG emissions in 2014
mencapai 5,815,775.08 tonCO2 eq. reached 5,815,775.08 tonCO2eq. [G4-EN15] [G4-EN16]
[G4-EN15] [G4-EN16]
Pemanfaatan CO2 yang dihasilkan sebagai gas Utilization of CO2 generated as associated gas in
ikutan pada sumur-sumur produksi, di antaranya production wells, including wells in Jatibarang Field
sumur di Field Jatibarang untuk keperluan komersial for commercial purposes as well as materials in the
maupun materi dalam proses injeksi kimiawi pada chemical injection process of EOR wells. Through
sumur-sumur EOR. Melalui upaya ini maka volume these measure, the volume of CO2 released into the
CO2 yang dilepaskan ke udara dapat dikurangi. air can be reduced. [G4-EN19]
[G4-EN19]
FIELD SUBANG SIAP JUAL GAS CO2

Subang Field Ready to Sell CO2 Gas
Field Subang, Asset 3 berencana menjual CO2 dari Subang Field, Asset 3 plans to sell CO2 from Subang
Stasiun Pengumpul Gas Subang. Kapasitas CO2 Gas Gathering Station. The capacity of CO2
yang dihasilkan dari proses produksi gas di stasiun generated from gas production process at Subang
Pengumpul Gas Subang diperkirakan mencapai 30 Gas Gathering Station is estimated at 30 MMSCFD,
MMSCFD, dari total produksi gas rata-rata sebesar of average total gas production of 237 MMSCFD.
237 MMSCFD.
Keinginan memanfaatkan CO2 secara komersial The plan to commercially utilize CO2 based on
didasari pertimbangan tingginya produksi CO2 consideration of the high CO2 production that
yang berpotensi menjadi emisi GRK yang mencapai potentially turns into GHG emissions that reach
lebih dari 28 Gton/tahun. Selama ini CO2 selalu more than 28 Gton/year. The CO2 has always been
dibuang ke udara menjadi gas suar (flare gas). [OG6] discharged into the air and become flare gas. [OG6]
Padahal bila dicermati CO2 memiliki keunggulan, Furthermore, CO2 has an advantage, which is its
yakni titik kritis yang relatif rendah (suhu 31,10C, dan relatively low critical point (31.10C temperature,
tekanan 73,9 bar). CO2 dapat dimanfaatkan untuk and pressure of 73.8 bar). CO2 can be utilized for
kepentingan industri, diantarnaya sebagai bahan industrial purposes, including as material for dry ice.
pembuatan dry ice.
Tentu saja keinginan Pertamina EP untuk dapat Pertamina EP’s plan to be able to utilize CO2
memanfaatkan CO2 secara komersial masih commercially still needs time to materialize. But if
memerlukan waktu. Namun bila hal ini dapat this can be done, it will provide added value for the
KEBERLANJUTAN 2014
terlaksana, maka akan memberikan nilai tambah environmental conservation, and also the potential
bagi upaya pelestarian lingkungan, dan juga revenue from carbon incentives that will be obtained
KINERJA
potensi pendapatan dari insentif karbon yang bakal by the Company.
diperoleh Perusahaan.
INTENSITAS EMISI GRK [G4-EN18]

GHG Emission Intensity
KRITERIA Criteria SATUAN Unit 2012 2013 2014

Intensitas Beban Emisi
Ton CO2 eq/BOE 0.0378 0.0374 0.0281
Emission Load Intensity
Reduksi Emisi GRK
Ton CO2eq % 770,736.75 518,626.27 698,899.84
GHG Emissions Reduction
Dibanding Perhitungan 2010
(7,808,448.54 ton CO2 eq)
Compared to 2010 Ton CO2eq % 9.87 16.51 25.52
Calculation 7,808,448.54 ton
CO2 eq

PENGUASAAN LAHAN DAN LAND TENURE AND BIODIVERSITY

KEANEKARAGAMAN HAYATI
Pertamina EP berkomitmen menjaga dan Pertamina EP is committed to protecting and
melestarikan keanekaragaman hayati, mengingat preserving biodiversity, considering the Company’s
wilayah kerja Perusahaan tersebar di berbagai working areas are spread in various regions that
daerah yang memiliki kekayaan keanekaragaman have biodiversity wealth.
hayati.
PENGUASAAN LAHAN DAN DAERAH LAND TENURE AND PROTECTED AREAS

DILINDUNGI
Sebagian dari wilayah kerja Perusahaan, terletak Most of the Company’s working areas, located
pada lokasi yang berdekatan atau berada di dalam adjacent or within the protected areas based on Law
daerah yang dilindungi berdasarkan Undang- No. 5 of 1990 regarding Conservation of Bio Natural
Undang (UU) No.5 Tahun 1990 Tentang Konservasi Resources and Ecosystems. This condition makes the
Sumber Daya Alam Hayati dan Ekosistemnya. area prone to disturbance to existing biodiversity.
Kondisi ini menjadikan rentan gangguan terhadap Therefore, we have a policy to optimize the land area
keanekaragaman hayati yang ada. Oleh karenanya, used for operating activities of two hectares, and
kami memiliki kebijakan untuk mengoptimalkan luas minimize the affected areas, especially the changes
lahan yang digunakan untuk kegiatan operasi seluas of habitat for existing species. [G4-EN11] [G4-EN12] [OG4]
dua hektar, dan meminimalkan area terdampak
terutama perubahan habitat bagi spesies yang ada.
[G4-EN11] [G4-EN12] [OG4]
Pertamina EP juga memenuhi ketentuan penyediaan Pertamina EP also complies with the provision of
lahan pengganti yang dimanfaatkan untuk kegiatan replacement land that is used for operations. In
operasional. Untuk tahun 2014, Perusahaan telah 2014, the Company has handed 63 hectares of
menyerahkan kompensasi lahan seluas 63 hektar replacement land for forest conservation in Java. This
untuk pelestarian hutan di Pulau Jawa. Penyerahan ini handover was a follow up of the Minister of Forestry
merupakan tindak lanjut dari SK Menteri Kehutanan Decree No.S.503/Menhut-VII/2012 regarding the
No.S.503/Menhut-VII/2012 mengenai persetujuan approval of 74 hectares of prospective replacement
calon lahan kompensasi pengguna kawasan hutan land for forest users in oil and gas exploitation
seluas 74 Hektar untuk kegiatan eksploitasi minyak activities located in Jatitujuh, Indramayu Regency,
dan gas bumi yang terletak di Jatitujuh, Kabupaten West Java, and Bojonegoro Regency, East Java.
Indramayu, Jawa Barat, dan Kabupaten Bojonegoro,
Jawa Timur.
Sesuai Peraturan Menteri Kehutanan No.P.38/ According to the Minister of Forestry Regulation
Menhut-II/2012, pemilihan lahan pengganti harus No.P.38/Menhut-II/2012, the selection of
memenuhi kriteria: replacement land must meet the following criteria:
1. Terletak berbatasan langsung dengan 1. Located adjacent to the forest area, except
kawasan hutan, kecuali lahan kompensasi for compensation land can be managed and
tersebut dapat dikelola dan dijadikan satu unit merged into one forest management unit;
pengolahan hutan; 2. Located in the same watershed, island, and/or
2. Terletak dalam daerah aliran sungai, pulau, province;
dan/atau provinsi yang sama; 3. Can be reforested by conventional means;
3. Dapat dihutankan kembali dengan cara 4. Not in dispute and free from any kind of charges
konvensional; and the right of land mortgage;
4. Tidak dalam sengketa dan bebas dari segala 5. Recommended by the Governor or Regent.
jenis pembebanan dan hak tanggungan;
5. Mendapat rekomendasi Gubernur atau Bupati.
Perusahaan juga melakukan upaya pemulihan The Company also carries out efforts to restore
kondisi lingkungan melalui penanaman pohon the environment condition through tree planting or
atau revegetasi, yang juga dapat mengurangi revegetation, which also can reduce GHG emissions.
keberadaan emisi GRK. Kegiatan penanaman Tree planting activities are carried out jointly with a
pohon dilaksanakan bersama-sama dengan program initiated by parent company PT Pertamina
program yang digagas PT Pertamina (Persero) (Persero), which is 100 million trees movement.
sebagai induk perusahaan, yakni: Gerakan 100 juta
pohon.

Pada tahun 2014 telah ditanam 425.986 In 2014, a total of 425,986 trees have been planted,
pohon, sehingga sampai dengan akhir periode which brings the total number of planted trees by
pelaporan telah ditanam 818.573 pohon. Dari hasil the end o reporting period to 818,573 trees. The
pemantauan dapat dipastikan pohon-pohon yang monitoring results ensured that the planted trees
telah ditanam telah tumbuh dan terpelihara dengan have grown and maintained properly. [G4-EN13]
baik. [G4-EN13]
PENYEBARAN PELAKSANAAN PROGRAM PENANAMAN POHON 2014 [G4-EN13]

Distribution of Tree Planting Program Implementation 2014
AKUMULASI 2013 Accumulation PENANAMAN 2014 2014 Planting

AREA
JUMLAH Total % JUMLAH Total %
Kantor Pusat
29 23,993 6%
Head Office
Asset 1 5 31,961 8%
Asset 2 18 100,350 24%
Asset 3 392,587 14 84,300 20%
Asset 4 13 57,000 13%
Asset 5 22 128,382 30%
JUMLAH Total 100 425,986 100
Masing-masing Lapangan juga telah melakukan Each Field has also carried out various programs and
berbagai program dan kegiatan lain sebagai activities as a support of the Company's commitment
bentuk dukungan pada komitmen Perusahaan to maintaining and preserving biodiversity.
untuk menjaga serta melestarikan keanekaragaman
hayati.
KEBERLANJUTAN 2014
KINERJA

UPAYA PERLINDUNGAN KEANEKARAGAMAN BIODIVERSITY PROTECTION EFFORTS OF

HAYATI PERTAMINA EP PERTAMINA EP
Sebagai wujud komitmen dan kepedulian pada As a manifestation of commitment and awareness
kelestarian lingkungan, Pertamina EP turut berperan for the environment, Pertamina EP takes part in
dalam upaya perlindungan keanekaragaman the biodiversity protection in its operating areas.
hayati di wilayah operasinya. Beberapa upaya The efforts to protect biodiversity that have been
perlindungan keanekaragaman hayati yang telah implemented are:
dilaksanakan adalah:
01
Field Rantau Rantau Field
Pelestarian satwa tuntong laut dan konservasi orang Preservation of painted terrapin and orangutan of
utan Taman Nasional Gunung Leuser Mount Leuser National Park
02
Field Pangkalan Susu Pangkalan Susu Field
Konservasi dan penanaman mangrove Mangrove conservation and planting
03
Field Lirik Lirik Field
Penanaman mangrove di Sungai Siak, penanaman Mangrove planting in Siak River, tree planting and
pohon dan program Wisata Alam di Lirik, dan Nature Tourism program in Lirik, and Sumatran
konservasi habitat mangsa harimau Sumatera tiger prey habitat conservation
04
Field Jambi Jambi Field
Konservasi Flora dan Fauna melalui ekowisata dan Flora and Fauna conservation through ecotourism
menciptakan paru-paru kota sekaligus melindungi and creating the city's lungs while protecting
tanaman kayu endemic Jambi endemic wood trees of Jambi
05
Field Pendopo Pendopo Field
Konservasi beruang madu Honey bear conservation
06
Field Ramba Ramba Field
Konservasi Ex-situ Hutan Alam Bentayan Ex-situ conservation of Bentayan Natural Forest
07
Field Tambun Field Tambun
Program Konservasi Mangrove (pemberian bibit, Mangrove Conservation Program (provision of
pelatihan, pembuatan pemecah ombak) seeds, training, construction of breakwaters)
08
Field Subang Field Subang
Program Konservasi Owa Jawa, Seminar dan Javan Gibbon Conservation Program, Seminars
Lokakarya rencana konservasi kodok merah, and Workshops on fire toad conservation plans,
konservasi bunga puspa puspa flower conservation
09
Field Cepu Cepu Field
Pelestarian Rusa Jawa (Cervus Timorensis), Preservation of Timor deer (Cervus Timorensis),
studi kelayakan lokasi operasi dan penyusunan feasibility studies of operating location and drafting
rancangan tapak penangkaran Rusa Jawa (Cervus the site design for captive breeding of Timor deer
Timorensis) di KPH Parengan, Bojonegoro (Cervus Timorensis) in KPH Parengan, Bojonegoro
10
Field Tarakan Tarakan Field
Pembangunan menara pantau di Kawasan Monitoring tower construction in mangrove
konservasi mangrove di bantaran sungai Pamusian, conservation area along the banks of Pamusian
Konservasi bekantan river, proboscis conservation
11
Field Sangatta Sangatta Field
Lanjutan restorasi Ekosistem Mangrove di 'Salebba Continuation of Mangrove Ecosystem restoration
Mangrove Park' dengan adanya penanaman pohon in 'Salebba Mangrove Park' by rare tree planting,
langka, restorasi ekosistem bibir pantai dari yang restoration of shoreline ecosystem of former
sebelumnya tanah masyarakat dan kawasan kota, community land and urban areas, construction of
Pembuatan sarana penelitian dan wisata alam research facilities and nature tourism 'Sangkima
TNK Resor Sangkima 'Sangkima Jungle Park' untuk Jungle Park' at Kutai National Park Sangkima Resort
penelitian dan wisata yang fokus berkutat di seputar for research and tourism focusing on rare flora,
flora langka, seperti Ulin such as Ulin

KONSERVASI SATWA LANGKA RARE ANIMALS CONSERVATION
Pertamina EP memberikan dukungan dan ikut Pertamina EP provides support and get involved in
terlibat pada program pelestarian beberapa satwa some endangered species conservation program,
langka, yang termasuk dalam Daftar Merah IUCN which is included on the IUCN (International Union for
(International Union for The Conservation of Nature the Conservation of Nature and Natural Resources)
and Natural Resources). Program dan kegiatan yang Red List. The programs and activities carried out in
telah dilaksanakan pada tahun 2014 adalah: 2014 are: [G4-EN14]
[G4-EN14] 1. Subang Field, Asset 3 prepared conservation
1. Field Subang, Asset 3 menyiapkan rencana plan for fire toads (Leptophryne cruentata),
konservasi katak merah (Leptophryne which are endemic to Java Island and
cruentata) yang merupakan spesies endemik in the conservation category of critically
Pulau Jawa dan termasuk kategori konservasi endangered on the IUCN Red List.
critically endangered dalam Daftar Merah
IUCN. 2. Cepu Field, Asset 4 successfully captive bred
2. Field Cepu, Asset 4 berhasil menangkarkan Timor deer (Cervus timorensis) at breeding sites
rusa timor Jawa (Cervus timorensis) di lokasi located in Malo District, Bojonegoro Regency.
penangkaran yang terletak di Kecamatan Timor deer is a species endemic to Java and
Malo, Kabupaten Bojonegoro. Rusa timor Bali islands, with a population of only 10,000-
merupakan satwa endemik Pulau Jawa dan 20,000, and included on the IUCN Red List with
Bali, dengan jumlah populasi hanya 10.000- "vulnerable" conservation status.
20.000 ekor, serta masuk dalam Daftar Merah 3. Rantau Field, Asset 1 together with the
IUCN dengan status konservasi “vulnerable”. Yayasan Satu Cita Lestari Indonesia (YSCLI)
3. Field Rantau, Asset 1 bersama Yayasan Satu for preservation of painted terrapin (Batagur
Cita Lestari Indonesia (YSCLI) untuk melakukan borneoensis) in the coast of Aceh Tamiang
pelestarian tuntong laut (Batagur borneoensis) Regency, Aceh. Painted terrapin is categorized
di pesisir Kabupaten Aceh Tamiang, Nanggroe as protected species based on Government
Aceh Darussalam. Tuntong laut termasuk Regulation No. 7 of 1999.
satwa yang dilindungi berdasarkan PP No. 7 4. Pertamina EP in collaboration with BKSDA
Tahun 1999. (Natural Resources Conservation Agency)
4. Pertamina EP bekerjasama BKSDA (Badan of Central Sulawesi, since January 25, 2012
Konservasi Sumber Daya Alam) Sulawesi has carried out Maleo conservation, as a
Tengah, sejak 25 Januari 2012 melakukan manifestation of awareness for the environment
konservasi burung maleo, sebagai wujud and commitment to the preservation of the
kepedulian terhadap lingkungan dan komitmen earth. Maleo captive breeding is carried out on
terhadap pelestarian bumi. Penangkaran the coast of Bangkiriang Beach.
Maleo dilakukan di pesisir Pantai Bangkiriang. 5. Sangatta Field, Asset 5 since 2011 has
5. Field Sangatta, Asset 5 sejak tahun 2011 telah collaborated with Kutai National Park in
dilakukan kerjasama dengan saja Taman East Kutai Regency and Bontang City, for
KEBERLANJUTAN 2014
Nasional Kutai di Kabupaten Kutai Timur dan conservation of orangutan Kalimantan (Pongo
Kota Bontang, melakukan konservasi orang pygmaeus), which is a species endemic to
utan kalimantan (Pongo pygmaeus), yang Kalimantan Island.
KINERJA
merupakan satwa endemik Pulau Kalimantan. 6. Subang Field, Asset 3 and the Center of Mount
6. Field Subang, Asset 3 dan Balai Besar Taman Gede and Pangrango National Park (TNGGP)
Nasional Gunung Gede Pangrango (TNGGP) as well as a number of parties, conducted
serta sejumlah pihak, melakukan konservasi Javan gibbon rehabilitation and conservation
dan rehabillitasi owa jawa pada tanggal 27 on March 27, 2014 for a family of Javan gibbon
Maret 2014 satu keluarga owa jawa (Hylobates (Hylobates moloch). Javan gibbon conservation
moloch). Konservasi dan rehabilitasi owa jawa and rehabilitation carried out in TNGGP
dilaksanakan di TNGGP 7. Pertamina EP in collaboration with BKSDA
7. Pertamina EP bekerjasama BKSDA (Badan (Natural Resources Conservation Agency)
Konservasi Sumber Daya Alam) Sulawesi of Central Sulawesi, since January 25, 2012
Tengah, sejak 25 Januari 2012 melakukan has carried out Maleo conservation, as a
konservasi burung Maleo, sebagai wujud manifestation of awareness for the environment
kepedulian terhadap lingkungan dan komitmen and commitment to the preservation of the
terhadap pelestarian bumi. Penangkaran earth. Maleo captive breeding is carried out on
Maleo dilakukan di pesisir Pantai Bangkiriang. the coast of Bangkiriang Beach.
8. Field Sangatta, Asset 5 sejak tahun 2011 telah 8. Sangatta Field, Asset 5 since 2011 has
dilakukan kerjasama dengan saja Taman collaborated with Kutai National Park in
Nasional Kutai di Kabupaten Kutai Timur dan East Kutai Regency and Bontang City, for
Kota Bontang, melakukan konservasi Orang conservation of orangutan Kalimantan (Pongo
Utan kalimantan (Pongo pygmaeus), yang pygmaeus), which is endemic species of
merupakan satwa endemik Pulau Kalimantan. Kalimantan island.

9. Field Subang, Asset 3 dan Balai Besar Taman 9. Subang Field, Asset 3 and the Center of Mount
Nasional Gunung Gede Pangrango (TNGGP) Gede and Pangrango National Park (TNGGP)
serta sejumlah pihak, melakukan konservasi as well as a number of parties, conducted
dan rehabillitasi owa jawa pada tanggal 27 Javan gibbon rehabilitation and conservation
Maret 2014 satu keluarga owa jawa (Hylobates on March 27, 2014 for a family of Javan gibbon
moloch). Konservasi dan rehabilitasi owa jawa (Hylobates moloch). Javan gibbon conservation
dilaksanakan di TNGGP. and rehabilitation was carried out in TNGGP.
PENGELOLAAN LIMBAH DAN TUMPAHAN WASTE AND OIL SPILL MANAGEMENT

MINYAK
Komitmen untuk menjaga dan melestarikan Commitment to maintain and preserve the
lingkungan, juga diwujudkan Pertamina EP dengan environment is also realized by Pertamina EP by
mengelola limbah yang dihasilkan dari kegiatan managing waste generated from operating activities
operasional maupun kegiatan pendukung lain, or other support activities, both hazardous materials
baik limbah mengandung bahan berbahaya dan and toxic wastes (HTW) and non-HTW waste. Waste
beracun (B3) maupun limbah non-B3. Pengelolaan management is carried out with due regard to the
limbah dilaksanakan dengan memperhatikan principles of reduce, reuse, recycle, and recovery.
prinsip reduce (mengurangi), reuse (memanfaatkan [G4-EN23]
kembali) recycle (daur ulang), dan recovery
(pemulihan). [G4-EN23]
PENGELOLAAN LIMBAH B3 [G4-EN23] [G4 EN25] [OG7] HTW MANAGEMENT [G4-EN23] [G4 EN25] [OG7]
Jumlah limbah B3 yang dihasilkan pada tahun Total hazardous and toxic waste (HTW) generated in
2014 mencapai 20.258,32 ton, sisa limbah B3 2014 reached 20,258.32 tons, the remaining HTW in
tahun sebelumnya adalah 1.633,58 ton, sehingga previous year was 1,633.58 tons, bringing the total
total limbah B3 dikelola adalah 21.891,91 ton. volume of managed HTW to 21,891.91 tons. The HTW
Pengelolaan limbah mengandung B3 dilakukan is managed since the storage process in temporary
sejak proses penyimpanan di tempat penampungan disposal station (TPS) at each field. Each station has
sementara (TPS) pada masing-masing Lapangan. been equipped with permit from the Environment
Setiap TPS telah memiliki izin dari Badan Lingkungan Agency (BLH) in each region.
Hidup (BLH) di masing-masing daerah.
Selanjutnya sebagian limbah yang disimpan di TPS Furthermore, some of the waste stored in the
diolah sesuai dengan jenis dan karakteristik masing- TPS is processed according to each type and
masing, yakni: characteristics, namely:
• Sludge oil dan tanah terkontaminasi diolah • Oil sludge and contaminated soil are treated by
dengan cara reuse yaitu dipisahkan dahulu means of reuse, which is being first separated
minyak yang terkandung secara gravitasi from oil content by gravity to be returned to the
untuk dikembalikan ke tangki produksi. Sisanya production tank. The rest is stored in the TPS
disimpan di TPS Limbah B3 untuk kemudian for hazardous and toxic waste to be handed
diserahkan kepada pihak ketiga yang telah over to a third parties who have permit for
memiliki izin pengelolaan limbah B3 dari KLHK, hazardous and toxic waste management from
untuk dikelola sesuai izin yang dimiliki misalnya Ministry of Environment and Forestry to be
dengan menggunakan incinerator atau landfill. managed according to their respective permit,
• Limbah pengeboran diolah dengan cara such as by using an incinerator or landfill.
diserahkan kepada pihak ketiga yang telah • Drill cuttings are processed by handing
memiliki izin pengelolaan limbah B3 dari KLHK. them over to third parties who have HTW
• Limbah mengandung B3 lainnya (oli bekas, management permit from Ministry of
majun bekas, filter dan aki bekas) diolah Environment and Forestry.
dengan cara dihancurkan menggunakan • Other HTW (oil waste, cotton rag waste,
peralatan khusus, sesuai izin yang dimiliki oleh filters and battery waste) are processed by
pihak ketiga. Pihak ketiga yang dilibatkan harus demolishing them using special equipment,
memiliki izin dari Kementerian Lingkungan according to the permit held by third parties.
Hidup dan Kehutanan. Tidak ada limbah The third parties involved must have the permit
mengandung B3 yang diangkut ke luar negeri. from the Ministry of Environment and Forestry.
No HTW were transported overseas.

Pengelolaan limbah B3 tersebut dilakukan dengan HTW management is done by:
cara: •
Solid waste is processed with reference to the
• Limbah padatan diolah dengan mengacu pada Decree of the Minister of Energy and Mineral
Keputusan Menteri ESDM No.45 Tahun 2006 Resources No. 45 of 2006 on Management of Oil
Tentang Pengelolaan Lumpur Bor, Limbah Lumpur Sludge, Contaminated Soil and Drill Cuttings in Oil
dan Serbuk Bor Pada Kegiatan Pengeboran Minyak and Gas Drilling Activities, as follows:
dan Gas Bumi, yakni:
1. Ditampung sementara dalam cutting pit, dan 1. T emporary stored in cutting pit and stockpiled
ditimbun setelah Uji Toxicity Characteristic after Toxicity Characteristic Leaching
Leaching Procedure (TCLP) yang merupakan Procedure (TCLP) test, which is a testing of oil
pengujian terhadap limbah lumpur untuk sludge to measure content or concentration of
mengukur kadar atau konsentrasi parameter contaminant parameters in the leachate.
pencemar dalam lindi. 2. Handed over and processed by licensed third
2. Diserahkan dan diolah oleh pihak ketiga berizin. parties.
• Limbah cair, terdiri dari dua jenis, yakni air • Liquid waste, consists of two types, produced water
terproduksi (produced water) dan air bekas and waste water from onshore exploration and
pakai dari kegiatan eksplorasi-produksi darat. production activities. In general, the management
Secara umum pengelolaan dilaksanakan dengan is carried out with reference to the Regulation of
mengacu pada Peraturan Menteri Negara the Minister of Environment No.19 of 2010 on
Lingkungan Hidup No.19 Tahun 2010 Tentang Baku Wastewater Quality Standard For Business And/Or
Mutu Air Limbah Bagi Usaha Dan/Atau kegiatan Activities of Oil, Gas and Geothermal.
Minyak dan Gas Serta Panas Bumi.
1. Air terproduksi dan air bekas pakai diolah 1. p roduced water and grey water are treated by
secara fisika dan kimia (pemisahan minyak, physical and chemical methods (oil removal,
pengendapan, koagulasi dan filtrasi sedimentation, coagulation and simple
sederhana), menggunakan sistem balong/ filtration), using the pond/groundpit system and
groundpit dan electro contaminant removal electro contaminant removal (ECR) and reverse
(ECR) serta reverse osmosis (RO). osmosis (RO).
2. Air terproduksi selanjutnya digunakan kembali 2. produced water is then reused as injection
sebagai air terinjeksi. water.
3. Air bekas pakai yang telah diolah digunakan 3. Grey water that has been treated is reused for
kembali untuk kebutuhan domestik. domestic needs.
• Limbah mengandung B3 lainnya (oli bekas, majun • Other HTW (oil waste, cotton rag waste, filters and
bekas, filter dan aki bekas) diolah dengan cara battery waste) are processed by demolishing them
dihancurkan menggunakan peralatan khusus. using special equipment, according to the permit
Sebagian lagi diserahkan kepada pihak ketiga held by third parties. The third parties involved must
untuk mengolah dan memanfaatkan limbah B3. have the permit from the Ministry of Environment
Pihak ketiga yang dilibatkan harus memiliki izin dari and Forestry. No HTW are transported overseas.
KEBERLANJUTAN 2014
Kementerian Lingkungan Hidup dan Kehutanan.
Tidak ada limbah mengandung B3 yang diangkut
ke luar negeri.
KINERJA
VOLUME DAN PENGELOLAAN LIMBAH PADAT B3 [G4-EN23] [OG7]
Solid HTW Volume and Management
DISIMPAN DI TPS
VOLUME DIHASILKAN DIKELOLA PIHAK
REUSE & RECOVERY LIMBAH B3 (Stored in
JENIS LIMBAH Type of Waste Generated Volume KETIGA Managed by
(Ton) Temporary Disposal
(Ton) Third Party (Ton)
Site for HTW (ton)
Sludge Oil Tanah
Terkontaminasi 18,939.16 2,366.00 14,631.24 3,574.95
Oil Sludge Contaminated Soil
Oli Bekas Pakai Oil Waste 143.61 0.00 109.59 34.23
Majun Bekas Pakai Cotton Rag
5.83 0.00 5.07 0.82
Waste
Kemasan Bekas Pakai
21.69 0.00 17.24 4.74
Packaging Waste
Filter & Aki Bekas Pakai Filter &
26.99 0.00 16.87 10.12
Battery Waste
Limbah Pemboran
1,030.64 0.00 1,030.64 0.00
Drill Cuttings
Lain-lain Others 90.40 0.00 81.72 8.68
JUMLAH TOTAL 20,258.32 2,366.00 15,892.37 3,633.54

PENGELOLAAN LIMBAH BUKAN B3 [G4-EN23] NON-HTW MANAGEMENT [G4-EN23]

Kami memiliki kebijakan untuk memanfaatkan We have a policy to reuse liquid waste generated
kembali limbah cair yang dihasilkan dari kegiatan from operating activities or other support activities.
operasional maupun kegiatan pendukung Liquid waste is generated in the form of produced
lain. Limbah cair yang dihasilkan berbentuk air water from the production wells, and grey water from
terproduksi dari sumur produksi, serta air bekas domestic uses.
pakai dari pemakaian domestik.
Kami tidak menyertakan data kuantitatif dari We did not include quantitative data on the volume of
volume air terproduksi maupun air bekas pakai dari produced water and grey water from domestic uses
keperluan domestik selama tahun 2014. Namun kami during 2014. However, we ensure that all produced
memastikan seluruh air terproduksi diolah di fasilitas water was processed in the water treatment process
water treatment process, dan kemudian disuntikkan facilities, and then reinjected into the well, thus there
kembali ke dalam sumur sehingga tidak ada yang was no discharge into water bodies. Similarly, grey
terbuang ke badan air. Demikian pula untuk air water from domestic uses, was processed at the
bekas pakai dari pemakaian domestik, akan diolah treatment facility and reused for various purposes.
di fasilitas pengolahan dan dimanfaatkan kembali [G4-EN22] [G4-EN10]
untuk berbagai keperluan. [G4-EN22] [G4-EN10]
ALUR PENGOLAHAN AIR TERPRODUKSI

Flow Chart of Produced Water Management
GAS KEGIATAN OPERASI
OPERATION
GAS
SCRUBBER KONDENSATOR
Condensate TANGKI
FLUIDA Tanks
Fluid
MINYAK
SEPARATOR Oil
LUQUID
FLUSHING WATER
TANGKI TANGKI
Tanks Tanks
AIR FORMASI
MINYAK
Formations Water
BAK SETTLING
Settling Tanks
KILANG
Refinery
TANGKI
TANKS
Adapun untuk limbah padat bukan B3, dikelola Meanwhile, solid non-HTW is managed through a
melalui beberapa cara. Sampai dengan akhir tahun number of methods. Until the end of 2014, the volume
2014 volume limbah padat bukan B3 dihasilkan of solid non-HTW generated was 4,135.05 tons, while
adalah 4.135,05 ton, sisa volume limbah tahun the volume of remaining waste in 2013 was 4,135.05
2013 adalah 4.135,05 ton sehingga total limbah tons, bringing the total solid non-HTW managed to
padat bukan B3 yang dikelola adalah 4.612,49 ton. 4,612.49 tons. Some of the wastes are recycled to be
Sebagian limbah tersebut ada yang didaur ulang reused, but some are handed over to landfills (TPA),
untuk dimanfaatkan kembali, namun ada pula yang which are managed by local government.
diserahkan tempat pembuangan akhir (TPA) yang
dikelola Pemda setempat.

PENGELOLAAN LIMBAH PADAT BUKAN B3 [G4-EN23]
Solid Non-HTW Management
2013 2014
JENIS LIMBAH VOLUME VOLUME
VOLUME SISA VOLUME SISA PENGELOLAAN Management
Type of Waste DIHASILKAN DIKELOLA
Remaining Remaining
Generated Managed
Volume (Ton) Volume (Ton)
Volume (Ton) Volume (Ton)
Sebagai bahan konstruksi
Besi Bekas
26.23 304.67 313.28 17.62 bangunan
Scrap Metal
As building construction material.
Dimanfaatkan sebagai
kompos dan dibakar di
Limbah Organik
207.10 2,396.38 2,438.65 164.84 incinerator
Organic Waste
Used as compost and burned in
the incinerator.
Dikirim ke tempat
pembuangan akhir (TPA) yang
Limbah Anorganik
244.12 1,325.96 1,307.94 262.14 dikelola pemda setempat
Inorganic Waste
Sent to final disposal site (TPA)
managed by local government.
Ditempatkan dan dikirim ke
TPA yang dikelola pemda
Kemasan Non-B3 Non-HTW setempat
0.00 108.03 108.03 0.00
packaging Stored and sent to final disposal
site (TPA) managed by local
government.
JUMLAH TOTAL 477.45 4,135.04 4,167.9 444.65
PENANGANAN TUMPAHAN MINYAK OIL SPILL MANAGEMENT

Kami menerapkan praktik-praktik terbaik dalam We apply the best practices in conducting
kegiatan eksplorasi maupun eksploitasi yang exploration and exploitation activities. Pertamina EP
dilaksanakan. Pertamina EP senantiasa berupaya always attempts to control crude oil drip and spills,
untuk mengendalikan ceceran maupun tumpahan both in drilling and transport activities.
minyak mentah, baik dalam kegiatan pengeboran
maupun pengangkutan.
Perusahaan sedapat mungkin mencegah terjadinya The Company tries its best to prevent oil spills that
KEBERLANJUTAN 2014
tumpahan minyak tanah yang berpotensi merusak could potentially damage the topsoil. During 2014,
lapisan atas permukaan tanah. Selama tahun a total of 490 oil spill incidents occurred, which were
2014 terjadi 490 peristiwa tumpahan minyak, immediately addressed with efforts to control and
KINERJA
dan langsung ditindaklanjuti dengan upaya restore the environment. [G4-EN24]
pengendalian dan pemulihan lingkungan. [G4-EN24]
Kami juga mengamankan keberadaan sumur- We also secure the existence of old wells owned
sumur tua milik Perusahaan dari upaya pengeboran by the Company from illegal drilling attempts by
ilegal oleh pihak tidak bertanggung jawab, yang irresponsible parties, which could potentially cause
berpotensi menimbulkan pencemaran lingkungan. environmental pollution. Cepu Field in the area
Field Cepu di area Asset 4, membangun bendungan of Asset 4, built dams to contain oil spill after the
untuk menahan tumpahan minyak pasca- crackdown on illegal drilling in old wells in Kedewan
penertiban pengeboran liar di sumur-sumur tua District, Bojonegoro Regency. Construction of
di Kecamatan Kedewan, Kabupaten Bojonegoro. the dam will localize oil spill, preventing it from
Pembangunan bendungan akan melokalisir flowing into the surrounding water bodies including
tumpuhan minyak, sehingga tidak mengalir ke Bengawan Solo River. [G4-EN26]
badan air di sekitarnya termasuk Sungai Bengawan
Solo. [G4-EN26]

Secara berkesinambungan, kami juga menggelar We also continuously hold oil spill mitigation exercise.
latihan penanggulangan tumpahan minyak. A large-scale exercise was held at Bunyu Field in the
Pelatihan dalam skala besar dilakukan di Field Bunyu waters around the site of Conventional Buoy Mooring
di perairan sekitar lokasi Conventional Buoy Mooring (CBM) Bunyu, and involving 75 workers of Bunyu Field
(CBM) Bunyu, dan melibatkan 75 pekerja Field Bunyu and supported by OSCT team.
dan dibantu tim OSCT.

PENGEBORAN LIAR
Illegal Drilling
Pertamina EP serius menangani kasus pengeboran Pertamina EP seriously handled cases of illegal
liar yang menimpa lokasi operasi, diantaranya di drilling at its operating sites, including those in
Sumatera Selatan, Sumatera Utara, Jawa Timur dan South Sumatra, North Sumatra, East Java and
Jawa Tengah. Keseriusan ini dinyatakan dengan Central Java. The seriousness was demonstrated by
menggandeng Komando Daerah Militer (KODAM) cooperating with the Regional Military Command
V/ Brawijaya dan melakukan perjanjian bersama (KODAM) V/Brawijaya and signed a Memorandum
(MOU) tentang Penguatan Pengamanan Wilayah of Understanding (MOU) on Security Reinforcement
Kerja Pertamina EP di Jawa Bagian Timur (JBT-3) of Pertamina EP Working Area in Eastern Java (JBT-
dalam Teritorial KODAM V/Brawijaya, pada tanggal 3) within the territory of KODAM V/Brawijaya, on
3 Oktober 2014. October 3, 2014.
MANUSIA [IR5] [IR7]

People
MASYARAKAT LOKAL LOCAL COMMUNITY

Wilayah kerja Pertamina EP tersebar meliputi The working areas of Pertamina EP are spread across
seluruh wilayah Indonesia, dengan lokasi Lapangan the regions of Indonesia, with the Fields of each
setiap Asset berada pada daerah-daerah dengan Asset are located in areas with limited infrastructure
keterbatasan infrastruktur maupun fasilitas and other supporting facilities. However, some of the
pendukung lainnya. Meski demikian di sekitar surrounding places have been occupied by local
tempat-tempat tersebut sebagian telah ditinggali population. If this is not managed properly, their
penduduk lokal. Bila tidak dikelola dengan baik, existence can affect the sustainability of operations
keberadaan mereka dapat mempengaruhi and business activities of the Company.
keberlanjutan kegiatan operasi maupun bisnis
Perusahaan.
TANGGUNG JAWAB SOSIAL PERUSAHAAN SERTA PENGEMBANGAN SOSIAL DAN

KEMASYARAKATAN
People Corporate Social Responsibility And Social and Community Development
Sebagai bagian dari entitas induk: PT Pertamina As part of the parent entity of PT Pertamina (Persero),
(Persero) yang merupakan badan usaha miik negara which is a state-owned enterprise (SOE), Pertamina
(BUMN), maka Pertamina EP berkewajiban turut EP is obliged to participate in a joint effort to improve
serta dalam upaya bersama untuk meningkatkan the welfare of the community. We are committed to
kesejahteraan masyarakat. Kami berkomitmen give attention to local communities in the vicinity of
memberikan perhatian kepada masyarakat lokal the Company’s operations and contribute to the
di sekitar lokasi Perusahaan berkegiatan dan improvement of their welfare.
berkontribusi pada peningkatan kesejahteraan
mereka.
Komitmen tersebut diwujudkan melalui pemenuhan This commitment is realized through the fulfillment of
tanggung jawab sosial atau corporate social corporate social responsibility (CSR). Implementation
responsibility (CSR). Pelaksanaan program dan of CSR programs and activities is adapted to the
kegiatan CSR disesuaikan dengan kebijakan policy of the Company and PT Pertamina (Persero)
Perusahaan dan PT Pertamina (Persero) sebagai as the parent company.
induk perusahaan.
VISI CSR [G4-56] CSR VISION [G4-56]

Menjadi Perusahaan di sektor hulu migas yang To be a Company in upstream oil and gas sector
berorientasi terhadap kelestarian lingkungan with orientation to environmental preservation and
serta memberikan nilai tambah bagi pemangku provides added value for stakeholders surrounding
kepentingan di sekitar kerja operasi Perusahaan. the Company’s operations.
MISI CSR [G4-56] CSR MISSION [G4-56]

Melaksanakan tanggung jawab sosial dan To implement corporate social and environmental
lingkungan Perusahaan untuk pengembangan responsibility for community development and
masyarakat, dan kelestarian lingkungan serta environmental preservation, as well as create
menciptakan hubungan yang harmonis, iklim sosial harmonious relationship, social and conducive
dan usaha yang kondusif serta berkesinambungan business climate to support the Company’s
untuk mendukung kegiatan operasi Perusahaan. operations.

TUJUAN CSR CSR GOAL
Menciptakan suasana yang kondusif agar To create conducive atmosphere for the Company’s
kegiatan operasi Perusahaan berjalan lancar serta smooth operations and improve
meningkatkan citra dan reputasi Perusahaan. the image and reputation of the Company.
KEBIJAKAN CSR PT PERTAMINA EP PT PERTAMINA EP CSR POLICY

Kami mengintegrasikan Program CSR ke dalam We integrate CSR program into operation and
kegiatan operasi maupun bisnis Pertamina EP business activities of Pertamina EP through Strategic
melalui CSR Strategic, untuk meningkatkan nilai CSR, to increase the Company’S value. Strategic
Perusahaan. CSR Strategic, meliputi: [G4-42] CSR, include: [G4-42]
1. Komitmen menjaga keseimbangan operasi 1. Commitment to maintain the balance of
dan tanggung jawab sosial; operations and social responsibility.
2. Mendukung upaya pelestarian lingkungan 2. Support environmental preservation efforts.
hidup;
3. Komitmen penanaman 1.000 pohon untuk 3. Commitment to plant 1,000 trees for every 1
setiap sumur pemboran; drilling well.
4. Instruksi penggunaan solar cell untuk lampu 4. Instructions to use solar cell for lighting in the
penerangan di daerah operasi; operating areas.
5. Ajakan kepada anggota keluarga PT Pertamina 5. Invitation to Pertamina EP’s family members
EP untuk menggiatkan penanaman pohon dan to promote tree planting and biopores
membuat biopori di tempat tinggal masing- making in their respective residences.
masing;
6. Memberikan manfaat sosial dan ekonomi 6. Provide social and economic benefits to
kepada masyarakat terutama di sekitar wilayah the community, especially those around
operasi Perusahaan melalui program Pusat the Company’s area of operations through
Pemberdayaan Masyarakat Pertamina (PPMP). Pertamina Community Empowerment Center
(PPMP).
LANDASAN HUKUM LEGAL BASIS

• Undang-Undang No.25 Tahun 2007 tentang • Law No. 25 of 2007 on Capital Investment.
Penanaman Modal. Article 15(b) stipulates that every investor
Pasal 15 (b) menjelaskan bahwa setiap penanam is obliged to carry out corporate social
modal berkewajiban melaksanakan tanggung responsibility.
jawab sosial perusahaan. The explanation of corporate social responsibility:
KEBERLANJUTAN 2014
Pengertian tanggung jawab sosial perusahan: the responsibility that is attached in every
adalah tanggung jawab yang melekat pada investment company to maintain a harmonious,
setiap perusahaan penanaman modal untuk balanced, and in accordance with the
KINERJA
tetap menciptakan hubungan yang serasi, environment, values, norms, and culture of local
seimbang, dan sesuai dengan lingkungan, nilai, communities.
norma, dan budaya masyarakat setempat.
• UU No.40 Tahun 2007 tentang Perseroan • L aw No. 40 of 2007 on Limited Liability
Terbatas. Companies.
Pasal 74 mengatur tentang perusahaan yang Article 74 stipulates a company engaged in
bergerak dalam bidang sumber daya alam the field of natural resources is required to
wajib melaksanakan Tanggung Jawab Sosial implement Corporate Social and Environmental
dan Lingkungan yang dianggarkan dan Responsibility, which is budgeted and calculated
diperhitungkan sebagai biaya perusahaan as the company’s cost whereas its implementation
yang pelaksanaannya dilakukan dengan refers to propriety and fairness.
memperhatikan kepatutan dan kewajaran.
• UU No.22/2001 tentang Minyak dan Gas Bumi. • Law No.22 of 2001 on Oil and Gas.
Pasal 40 mengatur bahwa Badan Usaha atau Article 40 stipulates that Business Entity
Badan Usaha Tetap menjamin keselamatan dan or Permanent Business Entity guarantees
kesehatan kerja serta pengelolaan lingkungan occupational health and safety as well as
hidup disamping juga ikut bertanggung jawab environmental management while participating
dalam mengembangkan lingkungan dan in developing the environment and local
masyarakat setempat. communities.

• Penjelasan Pasal 40, ayat (5) •

Explanation of Article 40, verse (5) states,
menyebut, yang dimaksud dengan: ikut the definition of: responsible in developing
bertanggung jawab mengembangkan the environment and local community, is the
lingkungan dan masyarakat setempat, company’s participation in developing and
adalah keikutsertaan perusahaan dalam utilizing the potential and capabilities of local
mengembangkan dan memanfaatkan potensi community, including through employment of
dan kemampuan masyarakat setempat, antara manpower in particular numbers and qualities,
lain dengan cara mempekerjakan tenaga as well as improving residential environment, to
kerja dalam jumlah dan kualitas tertentu, serta create harmony between the company and its
meningkatkan lingkungan hunian masyarakat, surrounding community.
agar tercipta keharmonisan antara perusahaan
dengan masyarakat sekitarnya.
PEMBIAYAAN FINANCING
Sejak akan memulai kegiatan operasi di setiap Since the start of operations in each Field, Pertamina
Lapangan, Pertamina EP melalui masing-masing EP through each Asset has been assessing the
Asset telah melakukan kajian potensi dampak potential negative impacts that may arise, including
negatif yang dapat ditimbulkan, termasuk terhadap on the local communities. Various programs and
masyarakat setempat. Selanjutnya dirumuskan activities are then formulated in an effort to manage
berbagai program dan kegiatan sebagai upaya the potential negative impacts. [G4-SO1] [G4-SO2]
mengelola potensi dampak negatif tersebut.
[G4-SO1] [G4-SO2]
Pembiayaan pelaksanaan tanggung jawab sosial Financing of social responsibility carried out by
yang dilakukan Pertamina EP, berasal dari beberapa Pertamina EP derives from several sources. The use
sumber. Penggunaan dan pemanfaatan anggaran and utilization of the budget is done with due regard
dilakukan dengan memperhatikan ketentuan yang to the provisions governing the matters.
mengatur perihal tersebut.
Berdasarkan Peraturan Pemerintah No.79 Tahun 2010 Based on Government Regulation No. 79 of 2010
Tentang Biaya Operasi Yang Dapat Dikembalikan on Cost Recovery and Treatment of Income Tax in
dan Perlakuan Pajak Penghasilan di Bidang Upstream Oil and Gas Business Sector, financing
Usaha Hulu Minyak Dan Gas Bumi, pembiayaan of community development (CD) programs as the
pelaksanaan program pengembangan masyarakat fulfillment of corporate social responsibility, which is
atau community development (CD) sebagai specified as follows:
pemenuhan tanggung jawab sosial perusahaan 1. The cost of CD program implemented by
diatur sebagai berikut: PSC contractor for Exploration is included as
1. Biaya program CD yang dilaksanakan Kontraktor operating cost (cost recovery);
Kontrak Kerjasama (KKKS) Eksplorasi dimasukkan 2. The cost of CD program implemented by PSC
sebagai biaya operasi (cost recovery); contractor for Production is not included as an
2. Biaya program CD yang dilaksanakan KKKS operating cost (non-cost recovery).
Produksi tidak dimasukkan sebagai biaya operasi
(non-cost recovery).
Pada tahun 2014, biaya investasi yang direalisasikan In 2014, the realized investment costs for the
untuk pemenuhan tanggung jawab sosial berasal fulfillment of social responsibility were from PT
dari PT Pertamina (Persero) dan CSR Pertamina Pertamina (Persero) and Pertamina EP CSR. PT
EP. Penggunaan anggaran yang berasal dari Pertamina (Persero) as the parent company fully
PT Pertamina (Persero) sepenuhnya ditentukan determined the uses of the budget it provided, so it
Perseroan selaku induk perusahaan, sehingga tidak did not affect to the Company's finances. Pertamina
memberikan pengaruh pada keuangan Perusahaan. EP’s function and role are as the organizer of activities
Fungsi dan peran Pertamina EP adalah pelaksana with financing from the parent Company, but they
kegiatan yang pembiayaannya bersumber dari were carried out in the Company’s operating area.
Perseroan namun dilaksanakan pada area operasi
Perusahaan.
Anggaran untuk biaya CSR yang disediakan sendiri The budget for the CSR cost provided by Pertamina
oleh Pertamina EP berjumlah Rp10,45 miliar dan EP amounted to IDR10.45 billion and has been
telah dinyatakan dalam RKAP 2014. Anggaran stated in RKAP 2014. The budget is calculated as
tersebut diperhitungkan sebagai bagian dari part of operations at PSC's Field for Exploration, as
kegiatan operasi pada Lapangan yang merupakan well as an allowance from the Company’s profits at
KKKS Eksplorasi, serta merupakan penyisihan dari the Fields of PSC for Production.
keuntungan Perusahaan pada Lapangan yang
merupakan KKKS Produksi.

RENCANA DAN REALISASI BIAYA KEGIATAN CSR 2014 (DALAM RP)
CSR Cost Plan and Realization 2014 (in IDR)
BIDANG KEGIATAN RENCANA ANGGARAN REALISASI ANGGARAN

No
Area Of Activity Budget Plan Budget Realization
1 Bidang Pendidikan Education 1,304,000,000 1,259,456,000
2 Bidang Kesehatan Health 1,080,000,000 504,821,500
3 Bidang Pemberdayaan Empowerment 1,705,000,000 1,407,487,637
4 Lingkungan Environment 200,000,000 0
Jumlah Total 4,289,000,000 3,171,765,137
Anggaran tersebut selanjutnya digunakan untuk The budget will be used for the implementation of
pelaksanaan pemenuhan tanggung jawab sosial di social responsibility fulfillment in 20 Fields and four
20 Lapangan dan empat proyek pengembangan development projects in 155 regencies/cities across
pada 155 kabupaten/kota di seluruh Indonesia. Indonesia.
STRUKTUR PROGRAM TANGGUNG JAWAB SOSIAL

Structure of Social Responsibility Program
Tanggung Jawab sosial &

lingkungan TJSL Pertamina EP
Social & Environment
Responsibility of PT Pertamina
Program CSR Program

Program CSR Program Pendukung Program Bina Lingkungan
korporat Pertamina EP Operasi Kehumasan (PKBL)
Corporate Pertamina EP Operations Public Relations Partnership & Community
CSR Program CSR Program Supporting Program Program Development program
(PKBL)
Program diusulkan Program

dari Pertamina EP Program
KEBERLANJUTAN 2014
Program dan anggaran dan anggaran dari
dan anggaran dari dan anggaran dari
dari masing-masing field RKAP Pertamina
PKBL korporat CSR korporat
Program and budget from each Field Korporat Program and budget from
Program proposed by Pertam-
KINERJA
Program and budget from Corporate CSR
ina EP with the budget from
RKAP of PT Pertamina
Corporate PKBL

BIAYA CSR [G4-SO1] [G4-EC8]

CSR Budget
2014 2013 2012

URAIAN Description
(IDR)
Program Kerja & Pembiayaan Pertamina EP PERTAMINA EP Pertamina EP Work Program & Financing
Program Kegiatan Pendukung Operasi
44,004,895,442 68,232,055,215 35,424,304,004
Operations Support Programs
Program Kelembagaan
3,918,643,932 5,983,608,338 25,961,254,893
Institutional Programs
Program Komunikasi
16,005,914,603 19,954,334,896 N/A
Communication Programs
Program Media Media Programs 5,526,124,463 5,051,837,800 N/A
Pemasangan Solar Cell
9,768,149,999 13,780,574,797 N/A
Solar Cell Installation
CSR PERTAMINA EP
Infrastruktur Infrastructure 4,428,703,125 4,407,299,500 344,500,000
Kesehatan Health 808,821,500 45,000,000 863,200,000
Lingkungan Environmental 1,704,385,000 844,671,300 886,605,500
Pemberdayaan Ekonomi
1,557,487,637 660,000,000 770,951,925
Economic Empowerment
Budaya Culture N/A 450,000,000 100,000,000
Pendidikan Education 1,589,456,400 965,550,000 N/A
Donasi Korban Bencana Alam
364,100,000 967,850,000 N/A
Natural Disaster Relief
BINA LINGKUNGAN PT PERTAMINA (Persero) DI WILAYAH KERJA PERTAMINA EP
Environment Program of PT Pertamina (Persero) in Pertamina EP Working Area
Infrastruktur Infrastructure N/A N/A 942,500,000
Pendidikan Education N/A N/A N/A
CSR PT PERTAMINA (Persero) DI WILAYAH KERJA PERTAMINA EP
CSR of PT Pertamina (Persero) in Pertamina EP Working Area
Pendidikan Education N/A 1,325,753,875 1,242,500,000
Infrastruktur dan Bantuan Bencana Alam
N/A N/A N/A
Infrastructure and Natural Disaster Relief
Lingkungan Environment N/A 743,213,754 376,590,000
Kesehatan Health N/A 1,105,500,000 434,740,931
Pemberdayaan Masyarakat
N/A 560,825,143 800,000,000
Community Empowerment
JUMLAH Total 89,676,682,101 125,078,074,618 68,063,772,822
BL dan CSR PT Pertamina (Persero) tidak dilakukan BL and CSR of PT Pertamina (Persero) were not
pada tahun 2014 karena tidak mendapatkan carried out in 2014 because there was no allocation
alokasi dana. of funds.

PEMBERDAYAAN MASYARAKAT
Community Empowerment
Sejak tahun 2013, Pertamina EP mengubah Since 2013, Pertamina EP has changed the approach
pendekatan pelaksanaan tanggung jawab sosial in implementing social responsibility and no longer
dan tidak lagi mengedepankan program maupun prioritized philanthropic program or activity. We
kegiatan bersifat filantropi. Kami berinisiatif took the initiative to invite the community around the
mengajak masyarakat di sekitar lokasi Perusahaan Company’s operating sites, to jointly find solutions
berkegiatan, untuk bersama-sama menemukan to improve the conditions of economy, social,
solusi guna meningkatkan kondisi ekonomi, environment, and culture through the Pertamina
sosial, lingkungan, dan budaya melalui Pusat Community Empowerment Center (PPMP).
Pemberdayaan Masyarakat Pertamina (PPMP).
PUSAT PEMBERDAYAAN MASYARAKAT PERTAMINA COMMUNITY EMPOWERMENT

PERTAMINA CENTER
Sesuai cetak biru CSR Pertamina EP, PPMP bertujuan In line with Pertamina EP CSR blueprint, PPMP aims
menumbuhkan minat kewirausahaan masyarakat to foster entrepreneurial interest of the communities
di sekitar wilayah kerja Perusahaan sesuai dengan around the Company’s working area according to
sumber daya yang ada. PPMP akan dilaksanakan the available resources. PPMP will be implemented
secara bertahap dalam kurun waktu lima tahun. gradually over a period of five years.
Tujuan utama PPMP adalah menjadikan masyarakat The main objective of PPMP is to make the
di sekitar Lapangan pada masing-masing Asset agar communities around the fields of each Asset to be
dapat mandiri secara ekonomi pada tahun 2018. economically independent by 2018. That way, the
Dengan demikian, masyarakat dapat merasakan community may benefit indirectly from the existence
manfaat tidak langsung dari keberadaan Pertamina of Pertamina EP. [G4-EC8]
EP. [G4-EC8]
PUSAT PEMBERDAYAAN MASYARAKAT PERTAMINA

Pertamina Community Empowerment Center
2013 2014 2015
KEBERLANJUTAN 2014
• Penentuan pendamping program • Implementasi Program wilayah • Masyarakat Mandiri
• Kriteria sasaran PPMP masyarakat
KINERJA
• Seremoni peresmian PPMP • Infrastruktur Menunjang Pertumbuhan • Independent Community
• Pelaksanaan program oleh Kemandirian Ekonomi Masyarakat
pendamping • Program Implementation in the Com-
• Proses seleksi masyarakat munity’s Region
• Laporan • Supporting Infrastructure for Com-
• Determination of Program Facilitator munity’s Economic Independent
• Pertamina Community Empowerment Development
Center Target Criteria
• Inauguration Ceremony of Pertamina
Community Empowerment Center
• Program Implementation by Facilitator Cakupan Program Scope of Program
• Community Selection Process 20 Field 20 Fields
• Reporting 4 Proyek Pengembang 4 Development Program
155 Kabupaten di seluruh Indonesia 155 Regencies across Indonesia

Dalam perencanaan awal tahun 2013, PPMP In the initial plan of 2013, PPMP was to be established
akan dibentuk pada delapan Lapangan. Namun at eight fields. However, there were only a few that
sebagian baru dapat direalisasikan pada tahun could be realized in 2014, namely:
2014, yakni:
• Field Rantau, Asset 1 • R antau Field, Asset 1
PPMP dipusatkan di Komplek Pertamina Rantau, PPMP is concentrated in Pertamina Rantau
Kabupaten Aceh Tamiang, Nanggroe Aceh complex, Aceh Tamiang Regency, Aceh. The PPMP
Darussalam, dan dilengkapi fasillitas pelatihan is equipped with entrepreneurship training facilities
wirausaha berupa kolam pemeliharaan ikan, lahan of fish breeding ponds, land for oyster mushroom
budi daya jamur tiram dan fasilitas pelatihan lain. cultivation, and other training facilities. As organizer
Sebagai pelaksana penyuluh pelatihan, Field Rantau of training instructor, Rantau Field has cooperated
bekerja sama dengan Kelompok Tani Nelayan with Andalan Farmer and Fisherman Group (KTNA)
Andalan (KTNA) Aceh Tamiang dan Bapelluh, serta in Aceh Tamiang and Bapelluh, as well as involving
melibatkan instansi terkait di Kabupaten Aceh relevant institutions in Aceh Tamiang.
Tamiang.
• Field Lirik, Asset 1 • L irik Field, Asset 1

PPMP didirikan dengan konsep lokasi wisata alam PPMP was established with the concept of nature
di Kecamatan Lirik, Kab. Indragiri Hulu, Sumatra tourism sites in Lirik District, Indragiri Hulu Regency,
Selatan, dan dilengkapi fasilitas budidaya perikanan, South Sumatra, and equipped with facilities for fish
pusat kegiatan olahraga dan perdagangan cultivation, sports center and community trade, as
masyarakat, serta pembibitan dredan (Lansium well as nursery of Lansium aqueum (Jack), which is
aqueum J) yang merupakan tanaman endemik a plant endemic to Sumatra Island. The concept of
Pulau Sumatra. Konsep wisata alam sengaja dibuat nature tourism was created because Indragiri Hulu
karena di Kabupaten Indragiri Hulu belum memiliki Regency has not had any representative tourist sites,
lokasi wisata representatif, sementara lokasi yang while the location has a potential to be developed
ada sangat potensial dikembangkan sebagai objek as a tourist object.
wisata.
• Field Bunyu, Asset 5 • B

unyu Field, Asset 5
Field Bunyu meresmikan Gedung PPMP, yang akan Bunyu Field inaugurated PPMP building, which will be
dikembangkan sebagai pusat pemasaran produk- developed as a trade center for products of micro,
produk hasil usaha mikro, kecil dan menengah small and medium enterprises (SMEs) partners;
(UMKM) binaan; serta akan dikembangkan menjadi and will be developed into a research center for
pusat penelitian tanaman kebun yang dilengkapi garden plants which is equipped with facilities such
fasilitas seperti rumah kaca. Adapaun program- as greenhouse. Empowerment programs that have
program pemberdayaan yang telah berlangsung di carried out at PPMP Bunyu Field are:
PPMP Field Bunyu adalah: 1. English and computer skills training programs for
1.
Program pelatihan ketrampilan bahasa Inggris young and productive people;
dan komputer bagi usia muda dan produktif; 2. Development of MSMEs in fishery product
2.
Pembinaan UMKM pengolah hasil perikanan, processing, which is implemented through training
yang dilaksanakan melalui pelatihan manajemen in business management, marketing, finance,
bisnis, pemasaran, keuangan, hingga to increase the competency in computer-based
peningkatan kemampuan akuntansi keuangan financial accounting.
berbasis komputer.
Secara bertahap, kami akan melengkapi Gradually, we will establish PPMP at every field.
keberadaan PPMP pada setiap Lapangan.
PERKEMBANGAN PPMP
PPMP Progress
LAPANGAN LOKASI PPMP TAHUN BERDIRI

AREA PROGRAM
Field of PPMP location Established
Program PPMP Budidaya Ikan
PPMP Program in Fish Cultivation
Field Lirik Program PPMP Pelatihan Budidaya Palawija,
Asset 1 2014
Lirik Field Sayur dan buah-buahan
PPMP Program in Crops, Vegetables and Fruit cultivation
training
Field Rantau Budidaya jamur tiram Oyster Mushroom cultivation
Rantau Field Program PPMP Pelatihan Budidaya Lele dan
Asset 1 2014 Budidaya Jamur Tiram
PPMP Program in Catfish and Oyster Mushroom Cultivation
Training

Di beberapa Lapangan lain, keberadaan PPMP At some other fields, PPMP has shown some
telah memperlihatkan keberhasilan sehingga successes, which is able to motivate the local
mampu memotivasi masyarakat setempat untuk communities to be independent. Some community
mandiri. Beberapa program pemberdayaan development programs that have been implemented
masyarakat yang telah dilaksanakan pada tahun in 2014 include:
2014 di antaranya:
1. Field Ramba dan Field Lirik, Asset 1 serta Field 1. Ramba and Lirik Fields, Asset 1 and Pendopo
Pendopo, Asset 2 meneruskan program pelatihan Field, Asset 2 continued the training program
budidaya ikan patin dan ikan lele bagi kelompok on yellowtail catfish and catfish cultivation for
perikanan binaan mereka. Field Pendopo juga their fisheries groups partners. Pendopo Field
melakukan pelatihan budidaya sayuran untuk also provided training in vegetable cultivation to
memenuhi kebutuhan rumah tangga masyarakat meet local communities’ household needs. Lirik
setempat. Field Lirik mendapatkan penghargaan Field received CSR award from Siak Regency
CSR dari Pemerintah Kabupaten Siak sebagai Government as an appreciation for the PPMP
apresiasi atas PPMP budidaya palawija di crop cultivation program in Kotogasib District,
Kecamatan Kotogasib, Kabupaten Siak. Siak Regency
2. Field Cepu, Asset 4 menggelar pelatihan 2. Cepu Field, Asset 4 held entrepreneurial training
kewirausahaan melalui program pembiakan through goat breeding program and productive
kambing dan kegiatan ekonomi produktif, bagi economic activities, for the people in Kalisumber
masyarakat di Desa Kalisumber, Kecamatan Village, Tambakrejo District, Bojonegoro
Tambakrejo, Kabupaten Bojonegoro. Melalui Regency. Through this training Kalisumber Village
pelatihan ini warga Desa Kalisumber diharapkan residents are expected to be motivated to be an
termotivasi untuk berwirausaha sehingga dapat entrepreneur to help improve the quality of local
membantu meningkatkan kualitas perekonomian community’s economy.
masyarakat setempat.
3. Field Sangasanga, Asset 5 menyelenggarakan 3. Sangasanga Field, Asset 5 held training on waste
pelatihan pengolahan sampah menjadi kerajinan processing into craft that have economic value.
bernilai ekonomis. Pelatihan diikuti kaum ibu dari The training was participated by mothers from
Desa Anggana dan Desa Kutai Lama, Kecamatan Anggana and Kutai Lama villages, Anggana
Anggana, Kabupaten Kutai Kartanegara, District, Kutai Regency, East Kalimantan
Kalimantan Timur
4. Field Cepu Asset 4 bersama Yayasan Sekar 4.
Cepu Field, Asset 4 in collaboration with
Mandiri dan Yayasan LPKP Jawa Timur, telah Sekar Mandiri Foundation and East Java LPKP
melaksanakan program pemberdayaan peternak Foundation, has been implementing development
sapi di Kabupaten Tuban, Jawa Timur. Para programs for cattle farmers in Tuban, East Java.
peternak diberikan pengetahuan peternakan The farmers are given the knowledge of modern
modern, dan pemanfaatan limbah jerami breeding, and utilization of waste straw as animal
sebagai pakan ternak serta kotoran sapi untuk feed and manure to be used as biogas. Besides
KEBERLANJUTAN 2014
dijadikan biogas. Selain dapat memberdayakan being able to empower farmers, this program has
para peternak, program ini secara tidak langsung also indirectly reduced the potential CO2 pollution
ikut pula mengurangi potensi pencemaran CO2 including greenhouse gas (GHG) emissions. The
KINERJA
yang termasuk sebagai gas rumah kaca (GRK). utilization of straw as animal feed has made the
Pemanfaatan jerami sebagai pakan ternak, farmers no longer burn post-harvest rice straw in
menjadikan petani tidak lagi membakar jerami their rice fields, so that the volume of CO2 emissions
pascapanen padi di sawah mereka, sehingga from the burning process can be controlled. Until
volume emisi CO2 dari proses pembakaran the end of 2014, the cattle population was 172
dapat ditekan. Sampai dengan akhir tahun 2014 cows, and potential CO2 emissions reduction
populasi sapi yang dipelihara ada 172 ekor, reached 688,860 kg CO2eq.
dengan potensi reduksi emisi CO2 mencapai
688.860 kg CO2eq.
POTENSI PENGURANGAN EMISI KARBON PADA PETERNAKAN SAPI TAHUN 2012-2014 FIELD CEPU ASSET 4
Potential Carbon Emissions Reduction at Cattle Farm Years 2012-2014 in Cepu Field Asset 4
HASIL Result 2012 2013 2014

Populasi Sapi Kelompok Group Cattle Population 2 18 20
Populasi Sapi Anggota Member Cattle Population 99 132 152
Limbah padat (Kg) Solid Waste (Kg) 654,480 972,000 1,114,560
Limbah Cair (Ltr) Liquid Waste (Lt) 181,800 270,000 309,600
Kebutuhan Jerami (Ton) Straw needs (Ton) 378 562 645
Pengurangan Emisi CO2 CO2 Emissions Reduction 404,505 600,750 688,860
*Asumsi 1 ton jerami akan menghasilkan CO2 sebanyak 1.068 Kg

*Assumption 1 ton of hay will produce as much as 1,068 kg of CO2

PROGRAM PEMBERDAYAAN MASYARAKAT COMMUNITY DEVELOPMENT PROGRAM

CSR PT PERTAMINA (PERSERO) PT PERTAMINA (PERSERO) CSR
Selama tahun 2014, kami juga melaksanakan During 2014, we also carried out community
program pemberdayaan masyarakat, yang development programs as the implementation of
merupakan pelaksanaan tanggung jawab sosial corporate social responsibility (CSR).
perusahaan (CSR).
AREA PENCAPAIAN DIHARAPKAN

PROGRAM
FIELD LOKASI Location Expected Outcome
Program pemberdayaan
komunitas terintegrasi:
Budidaya ternak kambing
berwawasan lingkungan (Program Aceh Tamiang,
Kampoeng Ternak). Rantau
Rantau
Integrated community empowerment
program:
Environmentally friendly goat breeding
(Livestock Village Program).
• P eningkatan dalam bidang ekonomi ibu
rumah tangga dan remaja putrid putus
sekolah.
• Menjadikan Pangkaan Susu sebagai Sentra
Usaha Kecil Sulam Pita dan Payet.
• Meningkatnya pemahaman dan dukungan
stakeholders terhadap kegiatan operasi
Pengembangan kelompok Srikandi • Kec. Pangkalan Perusahaan.
Khayangan. Susu • Mewujudkan PT Pertamina EP Pangkalan
Pangkalan Susu Susu dalam meraih PROPER Hijau 2014
Srikandi Khayangan group • Pangkalan Susu
development. District untuk Program Pemberdayaan.
• T he increase in the economic sector for housewives
and teen girl dropouts.
• Making Pangkaan Susu as a Small Business Center
for Ribbon Embroidery and Sequin Application.
• Increased awareness and support of stakeholders
for the Company's operations.
• A chievement of Green PROPER 2014 for PT Pertam-
ina EP Pangkalan Susu in Empowerment Program.
Desa Sengke-
Pelatihan budidaya tanaman mang, Kec. Koto
Gasib Meningkatkan perekonomian masyarakat.
palawija. Lirik
Sengkemang Improved Community’s Economy
Crop plants cultivation training.
Village, Koto Gasib
District

PROGRAM PENDUKUNG OPERASIONAL
Operational Support Program
Selain program utama pemberdayaan masyarakat In addition to the main program of community
melalui PPMP, sepanjang tahun 2014 Pertamina EP empowerment through PPMP, throughout 2014,
juga melaksanakan program dan kegiatan CSR Pertamina EP also implemented CSR programs and
lainnya, di antaranya penyelenggaraan Program other activities of Operational Support Program
Pendukung Operasional yang dilaksanakan carried out by Pertamina EP as PSC Production.
Pertamina EP sebagai KKKS Produksi.
• Rekonsiliasi • Reconciliation
Rekonsiliasi merupakan kegiatan yang Reconciliation is an activity that is carried out based
dilaksanakan berdasarkan kesepakatan antara on the agreement between Pertamina EP and the
Pertamina EP dengan masyarakat atau pemerintah community or local government. This activity aims
daerah. Kegiatan ini bertujuan meningkatkan to promote the harmonious relationship and to
keharmonisan hubungan dan mengakomodasi accommodate the interests of each party.
kepentingan masing-masing pihak.
Beberapa kegiatan rekonsiliasi yang dilaksanakan Some reconciliation activities conducted in 2014,
pada tahun 2014, di antaranya adalah program included the programs implemented at Cepu
yang dilaksanakan di Field Cepu, Asset 4 Field, Asset 4 in cooperation with the Village
bekerjasama dengan Koperasi Unit Desa (KUD) Unit Cooperative (KUD) Sumber Pangan in the
Sumber Pangan dalam pengelolaan sumur minyak management of old oil wells at Kawengan Field,
tua di Lapangan Kawengan, Wonocolo, Kedewan, Wonocolo, Kedewan, Bojonegoro, in order to
Bojonegoro, guna meningkatkan produksi minyak increase crude oil production. The signing of
mentah. Penandatanganan kerjasama dilakukan cooperation conducted in June 2014. Through this
pada bulan Juni 2014. Melalui kerjasama ini, partnership, KUD Sumber Pangan will produce
KUD Sumber Pangan akan memproduksi minyak crude oil average of 300 BOPD from the operated
mentah rata-rata 300 BOPD dari lima sumur yang five wells. Management of old wells by village unit
dikelola. Pengelolaan sumur tua oleh koperasi unit cooperative (KUD) or village-owned enterprises
desa (KUD) atau badan usaha milik desa (BUMD), (BUMD), is accordance with the Minister of Energy
sesuai ketentuan dalam Peraturan Menteri ESDM and Mineral Resources Regulation No.01 of 2008
No.01 Tahun 2008 Tentang Pedoman Pengusahaan on Guidelines for Oil Mining in Old Wells.
Pertambangan Minyak Bumi Pada Sumur Tua.
• Penyediaan Infrastruktur • Provision of Infrastructure

Adalah kegiatan penyediaan infrastruktur oleh The provision of infrastructure by Pertamina EP is
Pertamina EP berdasarkan kebutuhan masyarakat based on the needs of the surrounding communities
KEBERLANJUTAN 2014
di sekitar lokasi Perusahaan berkegiatan, of the Company’s operating sites, and is aimed to
dan ditujukan untuk mendukung peningkatan support the improvement of their welfare.
kesejahteraan mereka.
KINERJA

PROGRAM PEMBANGUNAN INFRASTRUKTUR CSR PT PERTAMINA EP [G4-EC7]

PT Pertamina EP CSR Infrastructure Development Program
DESKRIPSI PROGRAM PENCAPAIAN YANG DIHARAPKAN

AREA
Program Description Expected Outcome
• Pembangunan drainase Desa Tambangan Rambang
Kecamatan Rambang Kuang Kabupaten Ogan Ilir.
• Pembangunan Jalan Setapak Desa Tanjung Bulan
• Pembangunan pagar Sekolah SMA N 3 Tanjung Miring
• Pembagunan Balai Desa
• Peningkatan Jalan Nigata
• Peningkatan Jalan utama simpang pinang Peningkatan kualitas hidup
• Peningkatan Jalan Modong Improvement of quality of life
Field Prabumulih
Prabumulih Field
• Peningkatan Jalan Desa Pagar Dewa
• D rainage construction in Tambangan Rambang Village, Peningkatan fasilitas umum
Rambang Kuang District, Ogan Ilir Regency. Improvement of public facilities
• D
evelopment Paths in Tanjung Bulan Village
• F ences construction of SMAN 3 high school in Tanjung Miring
• C
onstruction of Village Hall
• Improvement of Nigata Road
• Improvement of simpang pinang main road
• Improvement of Modong Road
• Improvement of Pagar Dewa Village Road
• Pengecoran jalan Tanjung Terang, Kampung I dan II, Memperlancar kegiatan perekonomian
Lubu Raman, Air Talas
Field Limau • Pembangunan Masjid Al Falah Memperkuat keimanan dan keamanan
Limau Field
• C
asting of Tanjung Terang road, Kampung I and II, Lubu Facilitating economic activities
Raman, Air Talas
• C
onstruction of Al-Falah Mosque Strengthen the faith and security
• Perbaikan jalan di Kabupaten Tuban Peningkatan fasilitas umum Kab. Tuban
• Perbaikan Gedung Kantor Balai Desa Sidoharjo, Kec. Peningkatan fasilitas sarana dan
Senori, Kab. Tuban prasana umum Desa Banyuurip
• Pembangunan MCK untuk Peningkatan fasilitas desa dalam
masyarakat Kalisumber menunjang kegiatan pelayanan publik
• Pemberian Closet / Jamban sebanyak 3100 Desa Sidoharjo
Peningkatan kualitas hidup dan
• Improvement of road in Tuban Regency kesehatan masyarakat Kalisumber
• Repair of Office Building of Sidoharjo Village Hall, Senori untuk tidak BAB Sembarangan
District, Tuban Regency
Peningkatan kualitas hidup dalam
Field Cepu • C onstruction of toilets for Kalisumber residents
Cepu Field • D istribution of 3,100 units of toilet
program Open Defication Free
bersama Pemerintah Kab. Bojonegoro
Improvement of public facilities in
Tuban Regency Improvement of public
facilities and infrastructures in Banyuurip
Village Improvement of village facilities
to support public services in Sidoharjo
Village Improvement of quality of life and
Kalisumber community’s health to stop open
defecation Improvement of quality of life in
Free Open Defecation program together with
Bojonegoro Regency Government
• Perbaikan Jalan Pemuda
• Pembangunan Baloy Adat Dayak Tidung, Bunyu
Field Bunyu Peningkatan fasilitas umum
Bunyu Field Improvement of public facilities
• R epair of Pemuda Road
• Development of Tribal House Baloy of Dayak Tidung, Bunyu
PROGRAM KESEHATAN CSR PT PERTAMINA PT PERTAMINA (PERSERO) CSR HEALTH

(PERSERO) DI AREA PERTAMINA EP [G4-LA8] PROGRAM IN PERTAMINA EP AREA [G4-LA8]
Pada tahun 2014, program kesehatan CSR PT In 2014, PT Pertamina (Persero) CSR health program
Pertamina (Persero) tidak dilaksanakan di area was not implemented in Pertamina EP’s area. This
Pertamina EP. Hal ini disebabkan oleh tidak adanya was because there was no allocation of funds for
alokasi dana untuk kegiatan tersebut. these activities.

PROGRAM KESEHATAN CSR PERTAMINA EP
Health Program of Pertamina EP CSR
AREA PENCAPAIAN DIHARAPKAN

PROGRAM
FIELD LOKASI Location Expected Outcome
• Kec. Koto Gasib
• Kec. Lirik
Pertamina Bright Lirik • Kec. Ukul
• K
oto Gasib District
• Lirik District
• Ukul District
Bantuan peralatan
kesehatan di Puskesmas Tanjung Kerang,
Bantuan Peralatan Kesehatan. • Kec. Babat Supat
Ramba Kec. Babat Sumpat
Medical Equipment Assistance • Babat Supat District
Medical equipment assistance to Tanjung Kerang
community health center, Babat Sumpat District.
Sehati: Kelurahan Talang Ubu Utara, Hubungan yang harmonis dengan masyar-
Bantuan makanan tambahan balita Kec. Rambang Dangku, Kab. akat di Kabupaten Palili
dan paket perlengkapan bayi. Muara Enim Harmonious relationship with the community in
Pendopo North Talang Ubu Village, Rambang Palili Regency
Sehati:
Supplementary food assistance for toddlers Dangku District, Muara Enim
and baby kit packages. Regency
Sehati: •M eningkatkan kualitas kesehatan balita.
Penyuluhan kesehatan balita. • Membantu memfasilitasi akses kesehatan
Sehati: dan pengetahuan tentang imunitas balita.
Education on toddlers’ health. •K ec. Tanah Abang • Mempererat hubungan dengan pemangku
• Kec. Abab kepentingan dan masyarakat sekitar
Adera • Kec. Penukal wilayah kerja Perusahaan
• T anah Abang District • Improvement of the quality of toddlers’ health.
• A
bab District • H elping to facilitate access to health and knowl-
• P enukal District edge about toddlers’ immune system.
• S trengthen relationships with stakeholders and
the community around the Company’s working
area.
Pemeriksaan golongan darah missal
untuk anak usia awal sekolah dan ibu
• Kec. Panukal
hamil. Adera
• Panukal District
Mass blood type check for school starting
age children and pregnant women.
Edukasi dan sosialisasi pencegahan
HIV/AIDS • Distrik Klamono
Papua
Education and dissemination of HIV/AIDS • Klamono District
prevention
KEBERLANJUTAN 2014
Penyuluhan dan pemberantasan • Kec. Tolil
malaria MGDP • Kec. Batul
KINERJA
Education and eradication of malaria • T olil District
• Batul District

• PENDIDIKAN • EDUCATION
PROGRAM PENDIDIKAN CSR PERTAMINA EP

Education Program of Pertamina EP CSR
AREA
NO PROGRAM
FIELD LOKASI Location
• Kec. Binjai Binjai District
1 Bantuan Komputer Computer Assistance Pangkalan Susu
• Kec. Babalen Babalen District
• Kec. Lirik Lirik District
Lirik • Kec. Ukul Ukul District
• Kec. Koto Gasib Koto Gasib District
• SMPN 1
Klamono
Papua
• SMAN 1
Klamono
2 Lab Komputer Computer Lab Ramba • Kab. Banyuasin Banyuasin Regency
• SMAN2 uwukKec. Moling
MGDP
• SMPN2 Tolil Kec. Tollil
3 Bantuan mebelair Furniture assistance Pendopo • Kec. Talang Ubi Talang Ubi District
4 Perpustakaan lengkap Complete library Adera • Kec. Panukal Panukal District
Bantuan buku perpustakaan Kampung VI
5 Tarakan • Kampung VI
Book donation to Kampung VI library
Bantuan buku-buku dan rak buku untuk • SD Inpres 55
6 perpustakaan sekolah Papua • SD YPK Eben Haezer
Book and bookshelves donation to school
libraries
• SD YPK Eucharista
Pertamina Peduli Pendidikan (Perpusta-
kaan Pintar, Rumah Sakit) • RSUD Abdul Mataher
7 Jambi
Pertamina Peduli Pendidikan (Smart Library, Pojok Baca Pertamina
Hospital)

• BUDAYA •CULTURE
Istana Karang Karang Palace

Field Rantau Asset 1, pada 10 Desember 2014 Rantau Field, Asset 1, on December 10, 2014
menyerahkan Bangunan Istana Karang ke Pemkab handed over the Karang Palace Building to Aceh
Aceh Tamiang. Istana Karang merupakan salah Tamiang Regency Government. Karang Palace is
satu cagar budaya, peninggalan Kerajaan Karang one of the cultural heritages of Karang kingdom that
yang pernah Berjaya di wilayah Aceh Tamiang ruled Aceh Tamiang region in the past. The handover
pada masa silam. Penyerahan Istana Karang yang of the Karang Palace, which was built in 1920, is a
dibangun pada tahun 1920, merupakan salah satu form of Pertamina EP’s awareness for the effort to
wujud kepedulian Pertamina EP kepada upaya preserve the history and culture in Aceh Tamiang.
melestarikan sejarah dan budaya yang ada di Previously, since 1997 Karang Palace has been in the
Kabupaten Aceh Tamiang. Sebelumnya sejak tahun process of rebuilding after the damage caused by
1997 Istana Karang dalam proses pembangunan KSB-54 well blow out. After the handover and being
kembali setelah rusak akibat blow out Sumur KSB- managed by Aceh Tamiang Regency Government,
54. Setelah diserahkan dan dikelola oleh Pemkab Karang Palace will be converted into a museum to
Aceh Tamiang, Istana Karang selanjutnya akan save the cultural heritage of Aceh Tamiang.
dijadikan museum untuk menyimpan berbagai
warisan budaya Aceh Tamiang.
KEBERLANJUTAN 2014
KINERJA
Ketoprak Kridho Madyo Budhoyo Ketoprak Kridho Madyo Budhoyo

Field Cepu Asset 4, membina kelompok kesenian Cepu Field, Asset 4, has been fostering traditional
tradisional Ketoprak Kridho Madyo Budhoyo, yang performing art group of Ketoprak Kridho Madyo
ada di wilahan Blok Gundih. Kesenian ketoprak yang Budhoyo, in wilahan, Gundih Block. Ketoprak in
berlokasi di Desa Wado, Kecamatan Kedungtuban, Wado Village, Kedungtuban District, Blora Regency,
Kabupaten Blora, terbilang unik karena is unique because its members consist of village
beranggotakan perangkat desa dan warga desa. officials and residents. Pertamina EP’s involvement in
Keterlibatan Pertamina EP membina Ketoprak Kridho fostering Ketoprak Kridho Madyo Budhoyo was based
Madyo Budhoyo, didasari pada pertimbangan untuk on the consideration to take part in its preservation
turut serta melestarikan kelestarian orang. Selain itu efforts. In addition, the existence of traditional art
keberadaan kesenian tradisional ketoprak, dinilai Ketoprak is deemed effective to communicate the
efetif untuk menyampaikan sosialisasi program- Company’s programs.
program Perusahaan.

INFORMASI LAIN
PERUSAHAAN
Company's Other Information
TONGGAK SEJARAH PERTAMINA EP

Pertamina EP Milestones
• Era 1800 : Awal Pencarian •E

ra 1800: Early Search
-- 1871: Pemboran sumur minyak pertama -- 1871: The first oil well drilling in Cirebon.
di daerah Cirebon. -- 1883:The first production well: Telaga Said well
-- 1883: Sumur produksi pertama: Sumur Telaga in North Sumatra.
Said di Sumatera Utara.
• Era 1900 : Masa Perjuangan •1

900 Era: Period of Struggle
Penemuan sumur minyak baru terus berlanjut. The discovery of new oil wells continues.
Pasca proklamasi kemerdekaan, seluruh Lapangan Post independence proclamation, all oil and
minyak dan gas bumi yang ditinggalkan Belanda natural gas fields left by the Dutch and Japanese
dan Jepang dikelola oleh negara. were managed by the state.
• 1957 : Pembentukan Pertamina • 1957: The Establishment of Pertamina

10 Desember 1957 Pemerintah mendirikan On December 10, 1957, the Government founded
Perusahaan Minyak Nasional (Permina), yang Perusahaan Minyak Nasional (Permina), which
kemudian berganti menjadi Pertamina setelah later changed into Pertamina after a merger with
penggabungan dengan Pertamin pada tahun Pertamin in1968
1968.
• Era 2000 : Perubahan Regulasi • 2000 Era: Change of Regulation

Tahun 2001 Pemerintah menerbitkan Undang- In 2001 the Government issued LawNo.22 of 2001
Undang No.22 Tahun 2001 Tentang Minyak dan on Oil and Natural Gas. As a consequence of the
Gas Bumi. Sebagai konsekuensi penerapan UU enactment of the Law, PT Pertamina (Persero) no
tersebut,PT Pertamina (Persero) tak lagi berperan longer played a role as a regulator and became
sebagai regulator dan hanya menjadi operator a pure operator that led to the establishment of
murni sehingga dibentuklah sejumlah anak several subsidiaries to operate upstream business.
perusahaan guna mengelola usaha hulu.
• 2005 : Pendirian PT Pertamina EP • The Establishment of PT Pertamina EP

-- 13 September 2005 PT Pertamina (Persero) -- On September 13, 2005, PT Pertamina
mendirikanPT Pertamina EP. (Persero) established PT Pertamina EP.
-- 17 September 2005 PT Pertamina EP -- PT Pertamina EP signed Cooperation Contract
menandatangani Kontrak Kerja Sama dengan with BPMIGAS (now SKKMIGAS).
BPMIGAS (sekarang SKKMIGAS).

• 2013 : Organisasi Baru PT Pertamina EP • 2013: New Organization of PT Pertamina EP
Dibentuk organisasi baru Pertamina EP, dari semula Establishment of Pertamina EP’s new organization
3 Region menjadi 5 Asset. from initially 3 Regions to 5 Assets.
PERTAMINA EP KEMITRAAN PERUSAHAAN

Company Partnerships
Selama tahun 2014, Pertamina EP melakukan During 2014, Pertamina EP has formed partnerships
kerjasama kemitraan dengan pihak berbagai pihak with various parties to manage operations in the oil
untuk mengelola kegiatan operasi pada lapangan- & gas marginal fields. The purpose of the partnership
lapangan minyak dan gas (migas) marginal. Tujuan is to increase production and bring benefits for both
kemitraan adalah untuk meningkatkan produksi parties.
dan mendatangkan keuntungan bagi kedua belah
pihak.
Hingga saat ini, terdapat dua bentuk kemitraan yang Until today, there are two forms of partnerships,
berlangsung, yaitu Technical Assistance Contract the Technical Assistance Contract (TAC) and Joint
(TAC) dan Kerjasama Operasi (KSO). Selama tahun Operations (KSO). In 2014, the number of TAC
2014 jumlah kontrak TAC telah mencapai 25 kontrak, reached 25 contracts, while KSO was 31 contracts.
sedangkan KSO berjumlah 31 kontrak. Namun However, during the year there were also termination
KEMITRAAN PERUSAHAAN
demikian dalam tahun tersebut juga terdapat 3 TAC of 3 TAC and 2 KSO contracts. Thus at the end of
dan 2 KSO yang diterminasi. Sehingga pada akhir 2014 total number of TAC and KSO contracts was
tahun 2014 jumlah kontrak TAC dan KSO menjadi 51 51 contracts.
kontrak.
KEGIATAN PRODUKSI KEMITRAAN (dalam ribuan USD)

Partnership Production Activities (in thousands USD)
Existing: 15,156 BOPD Existing: 28.13 MMSCFD

Workover: 1,505 BOPD Sumur Workover (Workover Well): 0
Pemboran (Drilling) : 512 BOPD Sumur Pemboran (Drilling well): 0
Minyak Oil Gas

Company Partnership
KEGIATAN PENGEMBANGAN KEMITRAAN 2014

Partners Development Activities in 2014
KEGIATAN OPERASI Operations Activities KETERANGAN Description

Pemboran Drilling 41 sumur wells
Workover 78 sumur wells
Operasi Sumur Wells Operations
Reparasi Repair 3 sumur wells
Reopening 18 sumur wells
Stimulasi Stimulation 24 sumur wells
PES 1,089 job jobs
MITRA TAC/KSO & UNITISASI TAC/KSO PARTNERS & PT PERTAMINA EP

PT PERTAMINA EP UNITIZATION
Per 31 Desember 2014, jumlah mitra TAC (Technical As of December 31, 2014, the number of TAC
Assistance Contract) Pertamina EP adalah sebanyak (Technical Assistance Contract) partners of
22 mitra, terdiri dari 9 mitra di Area Sumatera-1, 6 Pertamina EP was 22 partners, consisting of 9
mitra di Area Sumatera-2, 3 mitra di Area Jawa dan partners in Sumatra-1 Area, 6 partners in Sumatra-2
4 mitra di Area KTI. Area, 3 partners in Java Area and 4 partners in KTI
(EIR) Area.
Sementara, jumlah mitra KSO (Kerja Sama Operasi) Meanwhile, the number of KSO (Joint Operation)
sebanyak 29 mitra, terdiri dari 4 mitra di Area partners was 29 partners, consisting of 4 partners in
Sumatera – 1, 13 mitra di Area Sumatera-2, 7 mitra Sumatra-1 Area, 13 partners in Sumatra-2 Area, 7
di Area Jawa dan 5 mitra di Area KTI. partners in Java Area and 5 partners in EIR Area.
Jumlah mitra Unitisasi per 31 Desember 2014 Number of unitization partners as of December
sebanyak 7 mitra, 2 mitra di Area Sumatera – 1, 1 31, 2014 was 7 partners consisting of, 2 partners
mitra di Area Sumatera-2, 3 mitra di Area Jawa dan in Sumatra-1 Area, 1 partner in Sumatra-2 Area, 3
1 mitra di Area KTI. partners in Java Area and 1 partner in EIR Area.
Rincian mitra per Asset sebagai berikut Details of partners per Asset are as follows
MITRA USAHA PERTAMINA EP ASSET SUMATERA 1

Pertamina EP Partners of Sumatra 1 Asset
OPERATOR CONTRACT AREA

TAC P – Prakarsa Betung Meruo Senami Jambi Meruo Senami - Jambi
TAC P – Insani Mitrasani Gelam Sungai Gelam - Jambi
TAC P – Akar Golindo Tuba Obi East - Jambi
TAC P – Blue Sky Langsa Langsa – East Aceh
TAC P – Eksindo Telaga Said Darat Telaga Said – North Sumatra
TAC P – Pertalahan Arnebatara Natuna Udang, Natuna – Natuna Sea
TAC P – Putra Kencana Diski Petroleum Diski – North Sumatra
TAC P – Putra Kencana Basilam Petrogas Basilam – North Sumatra
TAC P – Putra Batumandi Petroleum Batumandi – North Sumatra
KSO Pertamina EP – Samudera Energy Meruap Meruap – Jambi
KSO Pertamina EP – Ramba Energy West Jambi West Jambi 1
KSO Pertamina EP – Energy Jambi Indonesia West Jambi 2
KSO Pertamina EP – G.E.O Minergy Sungai Lilin Sungai Lilin

MITRA USAHA PERTAMINA EP ASSET SUMATERA 2
Pertamina EP Partners of Sumatera 2 Asset

TAC P – Goldwater TMT Tj Miring Timur – South Sumatra
TAC P – Pilona Petro Tj. Lontar Ltd Tj Lontar - South Sumatera
TAC P – Radiant Ramok Senabing Ramok Senabing – South Sumatra
TAC P – Indoyaya Sukaraja Sukaraja – Pendopo - South Sumatra
TAC P – Indama Putra Kayapratama Kaya - South Sumatra
TAC P – Binatek Reka Kruh Kruh - South Sumatra
KSO Pertamina EP – Formasi Sumatera Energi Tanjung Tiga Timur - South Sumatra
KSO Pertamina EP – Techwin Benakat Timur Benakat Timur - South Sumatra
KSO Pertamina EP – Benakat Barat Petroleum Benakat Barat - South Sumatra
KSO Pertamina EP – Indrillco Hulu Energy Uno Dos Rayu - South Sumatra
KSO Pertamina EP – Santika Pendopo Energy Talang Akar Pendopo
KSO Pertamina EP – Cooper Energy Sukananti Tangai Sukananti
KSO Pertamina EP – Samudera Energy T. Lontar Tanjung Lontar
KSO Pertamina EP – Petroenim Betun Selo Betun Selo - South Sumatra
KSO Pertamina EP – Prisma Kampung Minyak Kampung Minyak
KSO Pertamina EP – QEI Loyak Talang Gula Loyak Talang Gula
KSO Pertamina EP – Gunung Kampung Minyak Sungai Taham – Batu Keras – Subang Jeriji
KSO Pertamina EP – Indospec Energy Limau Ltd. Struktur Seksi P, Q22, Q51
KSO Pertamina EP – Energy Tanjung Tiga Pandan, Petanang - Tapus
MITRA USAHA PERTAMINA EP REGION JAWA

Pertamina EP Partners of Java Region

TAC P – Radiant Energi Sukatani Sukatani – Jatim East Java
TAC P – Pelangi Haurgeulis Resources Haurgeulis – Jabar West Java
TAC P – Ellipse Energy Jatirarangon Jatirarangon – Jabar West Java
KSO Pertamina EP – PD Migas Kota Bekasi Jatinegara – Jabar West Java
KSO Pertamina EP – Tawun Pegunung Energi Cepu – Jawa Tengah Central Java
KSO Pertamina EP – IEV Pabuaran Pabuaran – Jawa Barat West Java
KSO Pertamina EP – Axis Sambidoyong Energy Sambidoyong
KSO Pertamina EP – Foster Trembes Sendang Pert. Trembes Sendang

KSO Pertamina EP – Geo Cepu Indonesia Cepu – Jawa Tengah Central Java
KSO Pertamina EP – Banyubang Blora Energy Cepu – Jawa Tengah Central Java

Company Partnership
MITRA USAHA PERTAMINA EP REGION KTI

Pertamina EP Partners of Eastern Indonesia Region (EIR)

TAC P – Intermega Sabaku Sabaku - Papua
TAC P – Intermega Salawati Salawati – Papua
TAC P – IBN Holdico Linda/Sele Linda/Sele – Papua
TAC P – EMP Semberah/Semco Semberah – Kalimantan Timur East Kalimantan
KSO Pertamina EP – Patina Group (Bangkudulis) Bangkudulis – Kalimantan Timur East Kalimantan
KSO Pertamina EP – Petroenergy Utama Wiriagar Wiriagar – Papua
KSO Pertamina EP – Petro Papua Mogoi Wasian Mogoi Wasian - Papua
KSO Pertamina EP – Klasofo Energy Klamono Selatan – Kepala Burung
KSO Pertamina EP – Bunyu Tapa Energy Bunyu – Kalimantan Timur East Kalimantan
Untuk mendukung keberadaan proyek To support the existence of development projects

pengembangan dengan pola kemitraan, sejumlah with a partnership scheme, Pertamina EP conducts
studi dilakukan oleh Pertamina EP bekerja sama a number of studies in collaboration with several
dengan beberapa mitra. Studi yang telah dijalankan partners. The studies that have been carried out are
adalah:
STUDY MITRA Partner STATUS

Oil Analysis Study KSO PEP-Ramba Energy West Jambi Selesai Completed 100%
GGR Study Phase-I KSO Pertamina EP–Formasi Sumatera Energy Selesai Completed 100%
GGR Study KSO Pertamina EP-Benakat Barat Petroleum Selesai Completed 100%
GGR Study KSO Pertamina EP-Petro Enim Betun Selo Selesai Completed 100%
GGR Study KSO Pertamina EP-QEI Loyak Talang Gula Selesai Completed 100%
GGR Study KSO Pertamina EP-Santika Pendopo Energy Selesai Completed 95%
GGR Study KSO Pertamina EP-Gunung Kampung Minyak Selesai Completed 60%
GGRPF KSO Pertamina EP-Energy Tanjung Tiga Selesai Completed 90%
GGR (Gas Certification) KSO Pertamina EP-PD Migas Bekasi Selesai Completed 100%
G&G Study KSO Pertamina EP-Axis Sambidoyong Energy Selesai Completed 100%
G&G and GGR Study KSO Pertamina EP-Pabuaran Selesai Completed 100%

FASILITAS PRODUKSI PRODUCTION FACILITIES
Sepanjang tahun 2014, telah dibangun sejumlah Throughout 2014, a number of production facilities
fasilitas produksi untuk mengoptimalkan operasional have been built to optimize field operations operated
lapangan yang dikelola oleh para mitra, yaitu: by partners, namely:
NAMA PROYEK Name of Project OPERATOR

Test Unit & Road Tank TAC Pertamina EP Putera Kencana Diski Petroleum
Upgrade Oil Production Plant, Flowline 3” (3000m),
TAC Pertamina EP EMP Gelam
2 Tank On Site kap.100 bbls.
Senami-Betung Road, 8m x 15 Km TAC Pertamina EP Prakarsa Betung Meruo Senami
Mini Station South East Area Kaya TAC Pertamina EP Indama Putera Kayapratama
Flow Line, Transfer & Injection Pump, Pumping Unit,
KSO Pertamina EP Benakat Barat Petroleum
Rental ESP, Genset & Baung Facilities
Flow Line for Workover Well KSO Pertamina EP Techwin Benakat Timur
Completin Fluid Washtank c/w Gas BootProduction,
KSO Pertamina EP Formasi Sumatera Energi
Substation-II Facilities & Flowline PL-F
Pipeline, Booster, Etc. from TGI to SP BNN, WIF sumur SKN-1,
KSO Pertamina EP Cooper Energy Sukananti
Upgrading SP BNN & TLI, Flowline 3” at Workover Wells.
Flow Line KSO Pertamina EP QEI Loyak Talang Gula
Water Treatment Plan 10,000 bbls,
KSO Pertamina EP Gunung Kampung Minyak
Trunkline Injector BK & SJ, Flowline 3” BK-342 (297 km)
ASP Mixing Plant, Oil Gathering, Flowline for 12 Wells KSO Pertamina EP Indospec Energy Limau
Power System & Auxiliaries, Reaktivasi SP Tapus,
KSO Pertamina EP Energy Tanjung Tiga
FL Construction & Trunkline
Rental GCP TAC Pertamina EP Ellipse Energy Jatirarangon
Flowline, CPI, Foam, Gas Engine TAC Pertamina EP EMP Semberah
Flowline 5 wells, Rental Tank & Oil Transportation KSO Pertamina EP Patina Group

Company Partnership
PERMASALAHAN DAN UPAYA TINDAK LANJUT PROBLEMS AND FOLLOW UP EFFORTS

Sejumlah lapangan yang dikelola secara kemitraan A number of fields operated under partnership
juga dihadapkan pada berbagai persoalan. Untuk scheme are also faced with various problems. To
mengatasi hal tersebut, Pertamina EP dan para overcome this, Pertamina EP and its partners have
mitra telah melakukan beberapa langkah: taken several measures:
MITRA Partner PERMASALAHAN Issues RENCANA/TINDAK LANJUT Plan / Follow Up

Pemindahan Gas Lift Compressor dari Platform
Kerusakan Gas Lift Compressor Udang-A dan
Udang-B ke Udang-A. Melakukan pengasaman
Kebuntuan Flowline dari Platform Udang-A ke
TAC PANatuna Sumur SS-1 & SS-3 di Udang Timur.
Udang-B
Gas Lift Compressor Displacement from Udang-B
Gas Lift Compressor Damage and Flowline Deadlock
Platform to Udang-A Acidification in SS-1 & SS-3 Well in
from Udang-A Platform to Udang-B
Udang Timur
Telah dilakukan fracturing namun hasilnya belum
memenuhi harapan. Berkoordinasi dengan
Produksi Sumur SG-16 & 18 mengalami pe- Pertamina EP untuk mengvaluasi kembali potensi
TAC Pertamina EP
nurunan alamiah Sumur SG-16 & 18.
EMP Gelam
Natural declining of SG-16 & 18 wells production Fracturing had been carried out yet the result have
not met expectation Coordinate with Pertamina EP to
re-evaluate SG-16 & 18 wells potential
Kontrak TAC berakhir pada 11/7/14. Kontrak
Decline Rate diatas perkiraan. Hasil Workover 9
TAC Pertamina EP dengan KSO baru telah ditandatangani dengan
sumur dibawah target.
Meruap Decline rate was above prediction Workover of 9 wells
Program EOR.
TAC contract ended 11/7/2014 Contract with new KSO
under target
had been signed through EOR Program
Hasil Stimulasi tidak Optimal. Pemboran baru
Optimalisasi Produksi dan berkoordinasi dengan
TAC Pertamina EP dilaksanakan diawal Juni 2014 akibat proses
Pertamina EP untuk memperbaiki rencana cara
Prakarsa Betung M perijinan PEMDA Jambi.
kerja proses pengajuan perijinan.
Stimulation result was not optimum Drilling started
Senami Production optimization and coordination with Pertamina
June 2014 due to licensing process of Jambi Regional
EP to improve the plan of licensing submission process
Government
Hasil pemboran sumur TMT-59 tidak sesuai
target. RK 3 sumur terhambat proses Anggaran Evaluasi potensi sumur dan berkoordinasi dengan
Pengadaan Tanah (APT) sehingga baru dapat Pertamina EP untuk memperbaiki rencana cara
TAC Pertamina EP dilaksanakan di akhir Agustus 2014. kerja proses pengajuan perijinan.
Goldwater Drilling result of TMT-59 well was under target. The Evaluation of well potential and coordination with
well’s RK 3 was hampered by Land Procurement Pertamina EP to improve the plan of licensing submission
Budget (APT) process thus it can implemented in the process
end of August 2014
Hasil 4 sumur Workover tidak sesuai target. RK
pemboran mundur ke 2015 karena adanya Evaluasi potensi sumur dan berkoordinasi dengan
TAC Pertamina EP perubahan titik lokasi sumur terkait kesulitan Pertamina EP untuk memperbaiki rencana cara
Pilona pembebasan tanah. kerja proses pengajuan perijinan.
Result of 4 wells was under target. Drilling RK was Evalution of well potential and coordination with Pertami-
delayed to 2015 due to the change of well location na EP to improve the plan of licensing submission process
because of land acquisition difficulties
Pemboran 3 sumur dan Work-over 7 sumur
KSO Pertamina EP Berkoordinasi dengan Pertamina EP untuk men-
telah dilaksanakan namun tidak memenuhi
Santika Pendopo gevaluasi kembali potensi sumur-sumur.
target.
Coordinate with Pertamina EP to re-evaluate wells
Energy Drilling of 3 wells and workover of 7 well have been
potential
carried out, yet didn’t meet target
Produksi existing menurun dan pemboran Kontrak TAC berakhir pada 11/7/14. Kontrak
TAC Pertamina EP sumur M-81 tidak berhasil karena kadar air dengan KSO baru telah ditandatangani untuk
Patrindo Persada- yang tinggi. meningkatkan produksi.
maju Existing production decreased and drilling of M-81 AC contract ended in 11/7/2014. Contract with new KSO
well was unsuccessful due to high water content had been signed to increase production

DAFTAR ALAMAT KANTOR ASSET, LAPANGAN, ADDRESS LIST OF ASSET OFFICE, FIELD,
FASILITAS PRODUKSI, PIPA JALUR PRODUCTION FACILITIES, TRANSPORTATION
TRANSPORTASI [G4-17] PIPELINE [G4-17]
Kantor Pusat Head Office
Standard Chartered Tower 21st - 29th Floor Standard Chartered Tower 21st - 29th Floor
Jl. Prof. Dr. Satrio No. 164 Jakarta 12950 - Indonesia Jl. Prof. Dr. Satrio No. 164 Jakarta 12950 - Indonesia
Phone : (+6221) 5797 4000, Fax : (+6221) 5797 4555 Phone : (+6221) 5797 4000, Fax : (+6221) 5797 4555
E-Mail : pep-webmaster@pertamina.com E-Mail : pep-webmaster@pertamina.com
website : www.pep.pertamina.com website : www.pep.pertamina.com
ASSET DAN LAPANGAN ALAMAT KANTOR TELEPON DAN FAKSIMILI

NO
Asset and Field Office Address Phone and Facsimile
ASSET 1
Jl. Jakarta No.1 - Rantau Kuala Simpang, Aceh T:(+6264131016
1 Rantau
Tamiang, Nanggroe Aceh Darussalam 24474 F:(+62641) 31944-45, 31010, 31941
Jl. Samudra No.1 Pangkalan Susu,
2 Pangkalan Susu T:(+62620) 51333, F:(+62620) 51385
Sumatera Utara 20858
Jl. Raya Lintas Timur Sumatera Lirik,
3 Lirik T:(+62769) 7444106, F:(+62769) 41224
Indragiri Hulu Riau 29353
Jl. Lirik No.1 Komplek Pertamina UBEP Jambi T:(+62741) 41938-39,
4 Jambi
Kenali Asam, F:(+62741) 42542
Jl. Lintas Timur Palembang Jambi KM 102 Dusun T:(+62711) 893324,
Ramba, Kec. Sei Lilin, Sumatera Selatan F:(+62711) 893145
5 Ramba Kantor Palembang :
Jl. Sukarno Hatta No. 2465 RT 40 RW 11, Kel. T:(+62711) 413966, 7077850
Karya Baru Kec. Alang-Alang Lebar, F:(+62711) 351962
Palembang, Sumatra Selatan 30151
ASSET 2
Jl. Jend. Sudirman No.3 Prabumulih, T:(+62713) 382305,
6 Prabumulih
Sumatera Selatan 31122 F:(+62713) 323273
Jl. Plaju no. 38 Pendopo, S T:(+62713) 384200,
7 Pendopo
umatera Selatan 31211 F:(+62713) 390442
Jl. Jend. Sudirman No. 2/3 Prabumulih, T:(+62713) 382958, 320010
8 Limau
Komp Pertamina EP. Field Pendopo Pengabuan, T:(+62713) 391158,
9 Adera
Jl. Raya Mundu, Karangampel, T:(+62234) 484112, ext 3055/3300
10 Subang
Indramayu, Jawa Barat 45284 F:(+62234) 486007
T:(+62231) 2512356,
11 Tambun Jl. Patra Raya Klayan Cirebon. Jawa Barat 45151
F:(+62231) 2512354
Jl. Raya Mundu , Karangampel. Indramayu, T:(+62234) 484112 ext 3064,
12 Jatibarang
Jawa Barat 45283 F:(+62234) 484305
ASSET 3
T:(+62296) 421494,
13 Cepu Jl. Gajahmada PO.Box 1 Cepu
F:(+62296) 425119, 421329
2nd Floor Kawasan Industri Gresik Office,

14 Poleng T. 031. 3984400
Jln. Tri Dharma No. 3 Gresik, Jawa Timur 61121
ASSET 4
Jl. Gas No.1 Sangatta , Kutai Timur, T:(+62549) 22300,
15 Sangatta
Kalimantan Timur 75613 F:(+62549) 23592
Jl. Dermaga No.1 P. Bunyu, T:(+62551) 24729 ext 2801,
16 Bunyu
T:(+62951) 323830/323851/52
17 Papua Jl. Ahmad Yani, Sorong, Papua Barat 98414
F:(+62951) 332667/321729
Jl. Minyak No. 1 Ngurungkudek, T:(+62526) 2021242,
18 Tanjung
Tanjung Tabalong, Kalimantan Selatan 71571 F:(+62526) 2021344
Jl. Dr Sutomo No 40, Sangasanga, T:(+62541) 671400,
19 Sangasanga
Kutai Kertanegara, Kalimantan Timur 75254 F:(+62541) 671487
Jl. Pulau Linggitan No. 1 Tarakan Tengah, T:(+62551) 32812-14,
20 Tarakan

Company Partnership
FASILITAS PRODUKSI MINYAK

Oil Production Facilities
LOKASI Location SP SPU PPP TITIK SERAH Custody Transfer Point
Sumatera Bagian Terminal Pangkalan Susu

10 SP - PPP Rantau
Utara Pangkalan Susu Terminal
Northern Sumatra 9 SP & 3TU - PPP Pangkalan Susu
Terminal Buatan Lirik KM03 Sei Gerong.
3 Manifold 1 SPU PPP Sei Karas Lirik Artificial Terminal, KM03 Sei
Sumatera Bagian Gerong.
Tengah Buatan Terminal, Lirik KM03 Sei Gerong
Central Sumatra 1 Booster - PPP Ukul Lirik Artificial Terminal, KM03 Sei
Gerong.
7 SP 3 SPU PPP Tempino
Sumatera Bagian 39 SP 7 SPU PPP Prabumulih KM03 Plaju (SPD Metering System)
Selatan
Southern Sumatra 23 SP 5 SPU PPP Pangabuan KM03 Plaju (TAP Metering System)
Jawa Bagian Barat
25 SP 9 SPU PPP Balongan Terminal Balongan Balongan Terminal
Western Java
Jawa Bagian Timur
12 SP 3 SPU PPP Menggung - Cepu Kilang Cepu Cepu Refinery
Eastern Java
6 SP 3 SPU PPP Menggung - Cepu Kilang Cepu Cepu Refinery
PPP Manunggul –
3 SP 1 SPU Terminal Sangatta Sangatta Terminal
Tanjung
6 BS 1 SPU PPP Sangasanga Terminal Bunyu Bunyu Terminal
Kilang UP-V Balikpapan
11 SP - PPP Angana
Refinery Unit V Balikpapan
Indonesia Bagian
Timur 6 SP 4 SPU PPP Lingkas – Tarakan
Eastern Indonesia Region Refinery Unit V Balikpapan
5 SP 1 SPU PPP Klamono
3 SP 3 SPU PPP Salawati Kilang UP-V Balikpapan

2 SP - PPP Menggung - Cepu Kilang UP-V Balikpapan

FASILITAS PRODUKSI GAS

Gas Production Facilities
TITIK SERAH
LOKASI Location SP SPU
Custody Transfer Point
Sumatera Bagian Utara Pada 5 titik serah
7 SP 4 SKG
Northern Sumatra At 5 custody transfer points
Sumatera Bagian Tengah Pada 14 titik serah
11 SP 7 SKG
Central Sumatra At 14 custody transfer points
Sumatera Bagian Selatan Pada 37 titik serah
20 SP 14 SKG
Southern Sumatra At 37 custody transfer points
Jawa Bagian Barat Pada 5 titik serah
5 SP 1 SKG
Western Java At 5custody transfer points
Jawa Bagian Timur Pada 2 titik serah
3 SP 2 SKG
Eastern Java At 2 custody transfer points
Kawasan Timur Indonesia Pada 5 titik serah
7 SP 4 SKG
Eastern Indonesia Region At 5 custody transfer points

PIPA JALUR TRANSPORTASI MINYAK DAN GAS
Oil and Gas Transportation Pipelines
LOKASI Location PIPA Pipe JALUR PIPA Pipeline

PPP Rantau – PPP Pangkalan Susu 64
Sumatera Bagian Utara
Northern Sumatra PPP Pangkalan Susu –
38
Terminal Pangkalan Susu
SPU Kenali Asam – PPP Tempino 24
Sumatera Bagian Tengah SPU Bajubang – PPP Tempino 32
Central Sumatra Tank Farm Tempino – PPP Tempino 2
PPP Tempino – RU III Plaju* *265
Sumatera Bagian Selatan PPP Prabumulih – RU III Plaju 102
Southern Sumatra PPP Pangabuan – RU III Plaju 146
SP Tambun – SP Tegal Gede 34
SP Tegel Gede – SP Cilamaya 65
SP Cilamaya – SPU Cemara 69
Jawa Bagian Barat
SP Subang – SPU Cemara 70
Western Java
SPU Cemara – PPP Balongan 25
SPU Jatibarang – PPP Balongan 23
PPP Balongan – Terminal Balongan 2
Jawa Bagian Timur
PPP Menggung – Kilang cepu 2
Eastern Java
SPU Bunyu – Terminal Bunyu 4
PPP Sanggata – Teminal Sangatta 19
PPP Manuggul, Tanjung – Kilang RU-V
238
Balikpapan
Kawasan Timur Indonesia PPP Sangasanga – Terminal Sanga-
37
Eastern Indonesia Region sanga
PPP Tarakan – Terminal Tarakan 19
PPP Klamono – Terminal Sorong 48
PPP Salawati – Karim Marine Terminal
17
(KMT)
Keterangan: * Merupakan aset PT Pertagas yang digunakan untuk pengiriman minyak mentah Pertamina EP
Note: * Asset of PT Pertagas utilized for Pertamina EP’s crude oil distribution

Company Partnership
LEMBAGA DAN PROFESI PENUNJANG

Supporting Institutions and Professionals
AUDITOR EKSTERNAL EXTERNAL AUDITOR

Tanudiredja, Wibisana & Rekan Tanudiredja, Wibisana & Partner
Jl HR Rasuna Said Kav C-3 Mega Plaza Lt 4, Jl HR Rasuna Said Kav C-3 Mega Plaza 4th Fl.
Karet, Setiabudi, Jakarta 12920 - Indonesia Karet, Setiabudi, Jakarta 12920 - Indonesia
Tel : (62-21) 521 1134, Fax: (62-31) 531 4503 Ph: (62-21) 521 1134, Fax: (62-31) 531 4503
Website: pwcglobal.com Website: pwcglobal.com
BIRO ADMINISTRASI EFEK ADMINISTRATION BUREAU OF SECURITIES

Pertamina EP adalah Perseroan Terbatas yang PT Pertamina EP is a non-listed Limited Liability
bersifat tertutup. Laporan ini tidak menyertakan Company. This report does not include information
informasi mengenai Biro Administrasi Efek. about Administration Bureau of Securities
PERUSAHAAN PEMERINGKAT EFEK CREDIT RATING AGENCY

Pertamina EP adalah Perseroan Terbatas yang PT Pertamina EP is a non-listed Limited Liability
bersifat tertutup. Laporan ini tidak menyertakan Company. This report does not include information
informasi mengenai Perusahaan Pemeringkat Efek. about Credit Rating Agency

TINGKAT KESEHATAN PERUSAHAAN TAHUN 2014
Company Health Indicators 2014
RKAP 2014 TERAUDIT 2014 Audited 2014

INDIKATOR Indicators BOBOT BOBOT
NILAI Score NILAI Score
Weight Value Weight Value
Kinerja Keuangan Financial Performance
Imbalan kepada Pemegang Saham
29.91 20.00 56.14 20.00
Return On Equity (ROE)
Imbalan Investasi Return On Investment (ROI) 29.13 15.00 43.74 15.00
Margin Pendapatan Operasi Operating Profit Margin 63.93 3.00 58.88 3.00
Margin Laba Bersih Net Profit Margin 37.78 3.00 33.67 3.00
Rasio Kas Cash Ratio 16.50 3.00 12.77 2.00
Rasio Lancar Current Ratio 438.50 5.00 216.80 5.00
Perputaran Piutang Collection Period 24 3.00 15 3.00
Perputaran Persediaan (ITO) Inventory Turnover N/A 0.00 N/A 0.00
Perputaran Total Aset (TATO) Total Asset Turnover 43.25 1.50 67.47 2.00
Rasio Total Modal Sendiri Terhadap
70.96 4.00 51.27 6.00
Total Aset Total Equity to Total Asset Ratio
Rasio Bunga Berjangka Time Interest Earned Ratio 152.12 3.00 117.31 3.00
Nilai Kinerja Keuangan (NKK)
N/A 60.50 N/A 62.00
Score of Financial Performance
NKK Setelah Diproporsionalkan
N/A 63.00 N/A 65.00
Proportional Score of Financial Performance
Klasifikasi Kinerja Keuangan
SEHAT HEALTHY SEHAT HEALTHY
Classification of Financial Performance
Kinerja Pertumbuhan Growth Performance
Pertumbuhan Produktivitas Aset
0.50 1.00 34.44 4.00
Asset Productivity Growth (ASPG)
Pertumbuhan Penjualan Sales Growth 3.63 1.00 (5.81) 0.00
Pertumbuhan Margin Laba Bersih
1.74 1.00 (15.36) 0.00
Net Profit Margin Growth (NPMG)
Penjualan Kepada Total Aset Sales to Total Asset (STAG) (6.02) 0.00 41.49 3.00
Pertumbuhan Laba Bersih Net Profit Growth (NPG) 5.43 2.00 (20.27) 0.00
Nilai Kinerja Pertumbuhan (NKP)
N/A 5.00 N/A 7.00
Score of Growth Performance
Klasifikasi Kinerja Pertumbuhan
KURANG TUMBUH Less Growth KURANG TUMBUH Less Growth
Classification of Growth Performance
Kinerja Administrasi Administration Performance
Laporan Keuangan Perusahaan Bulanan ≤7 hari kalender ≤7 hari kalender
2.00 2.00
Monthly Financial Statement calendar days calendar days
≤16 hari 17-19 hari
Laporan Manajemen Perusahaan Bulanan
kalender 2.00 kalender 1.21
Monthly Financial Report
calendar days calendar days
≤Bulan Maret ≤Bulan Maret

Laporan Keuangan Audited Audited Financial Statement 3.00 3.00
March March
≤Bulan Agustus ≤Bulan Agustus
Rancangan RKAP Corporate Work Plan & Budget Draft 3.00 3.00
August August
Nilai Kinerja Administrasi (NKA)
N/A 10.00 N/A 9.21
Score of Administration Performanc
Klasifikasi Kinerja Administrasi
TERTIB ORDERLY TERTIB ORDERLY
Classification of Administration Performance
Jumlah (NKK + NKP + NKA) Total (NKK + NKP + NKA) 75.50 81.21
TINGKAT KESEHATAN PERUSAHAAN
SEHAT A Healthy A SEHAT AA Healthy AA
Company Health Indicator

REFERENSI SILANG PERATURAN BAPEPAM - LK NO.X.K.6,
INDEKS ISI GRI (G4), SUPLEMEN SEKTOR MINYAK & GAS (OG),
DAN KERANGKA LAPORAN TERINTEGRASI (IR) [G4-32]
Cross Reference BAPEPAM - LK No.X.K.6 Regulation, GRI Content Index (G4),
Oil & Gas Sector Supplement (OG), and Integrated Report Framework (IR)
KETERANGAN / DESCRIPTION HALAMAN / PAGE

UMUM
Laporan tahunan wajib memuat / Annual report is required to contain
a. Ikhtisar data keuangan penting / Key financial highlights 18-20
b. Laporan Dewan Komisaris / Board of Commissioners’ Report 62-67
c. Laporan Direksi / Board of Directors’ Report 74-81
d. Profil perusahaan / Company profile 26-41
e. Analisis dan pembahasan manajemen / Management discussion and analysis 86-148
f. Tata kelola perusahaan / Corporate governance 150-229
g. Tanggung jawab sosial perusahaan / Corporate social responsibility 304-317
h. Laporan keuangan tahunan yang telah diaudit / Audited annual financial statements 227-229, 304-317
i. Surat pernyataan tanggung jawab Dewan Komisaris dan Direksi / 84-85
Board of Commissioners and Board of Directors’ Statement of responsibility
Dalam Bahasa Indonesia / In Indonesian Language √
Pencantuman judul dan keterangan / tabel Inclusion of table title and description √
Mudah dibaca / Easy to read √
IKHTISAR DATA KEUANGAN PENTING / KEY FINANCIAL HIGHLIGHTS

Ikhtisar perbandingan keuangan selama 3 (tiga) tahun / 18-20
1
Summary of financial comparison over 3 (three) years
G4-9 Skala Organisasi / Organizational Scale 19, 28
G4-EC1 Nilai Ekonomi Langsung Dihasilkan dan Didistribusikan / 19
Direct Economic Value Generated and Distributed
IR3 Modal keuangan / Financial capital 19
IR4 Modal manufaktur / Manufacture capital 19, 122
2 Informasi mengenai saham setiap 2 (dua) triwulan / Information on shares every 2 (two) quarters 21
3 Aksi Korporasi terhadap saham / Corporate action on shares 21
4 Perdagangan saham / Share trading 21
5 Tindakan penghentian perdagangan saham / Actions of stock suspension 21
LAPORAN KEPADA PEMEGANG SAHAM / REPORT TO THE SHAREHOLDERS

1. Laporan Dewan Komisaris / Board of Commissioners’ Report 62-67
a. Penilaian terhadap kinerja Direksi / Assessment of the Board of Directors’ performance 62-63
b. Pandangan atas prospek usaha perusahaan / View on the company’s business prospect 64-65
c. Perubahan komposisi anggota Dewan Komisaris dan alasan perubahan / 66, 168-169
Change in Board of Commissioners’ membership composition and the reasons of change
G4-34 Struktur Tata Kelola / Governance Structure 66, 67, 169, 182, 184
G4-38 Komposisi Pejabat Tata Kelola / Governance Body Composition 66, 168, 169
d. Komite-komite di bawah pengawasan Dewan Komisaris / 67, 184-191
Committees under the Board of Commissioners’ supervision
G4-35 Pendelegasian Kewenangan Terkait Topik Ekonomi, Lingkungan, dan Sosial / 192
Delegating Authority for Economic, Environmental and Social Topics
G4-36 Penunjukan Pejabat Pelaksana Kegiatan Terkait Topik Ekonomi, Lingkungan dan 192
Sosial / Appointed an Executive Level Position for Economic, Environmental and
Social Topics
2. Laporan Dewan Direksi / Board of Directors’ Report 74-81
a. Kinerja perusahaan mencakup kebijakan strategis, perbandingan pencapaian dan target, serta 78-81
kendala / The company’s performance encompassing among others, strategic policies, comparison
between achievement of results and targets and challenges
G4-1 Pernyataan dari Direksi / Statement from BOD 58, 62, 74
b. Gambaran tentang prospek usaha / View on the company’s business prospect 76
G4-2 Uraian Dampak, Risiko dan Peluang / 58, 62, 74
Description of Key Impacts, Risks, and Opportunities
c. Penerapan tata kelola perusahaan / Corporate governance implementation 80-81

d. Perubahan komposisi anggota Direksi dan alasan perubahannya / 81, 175
Change in Board of Directors’ membership composition and the reasons of change
G4-34 Struktur Tata Kelola / Governance Structure 81, 175, 182
G4-38 Komposisi Pejabat Tata Kelola / Governance Body Composition 81, 175
PROFIL PERUSAHAAN / COMPANY PROFILE

1 Nama, alamat, dan kontak perusahaan / Name, address, and contact of the company 26
G4-3 Nama Organisasi / Name of The Organization 26
G4-4 Merek, Produk, dan Layanan Jasa / Primary Brands, Products and Services 26
G4-5 Lokasi Kantor Pusat / Location of Headquarter 26
G4-6 Jumlah Negara Tempat Beroperasi / Number of Countries Operation 28
2 Riwayat singkat perusahaan / Brief history of the company 27
G4-13 Perubahan signifikan organisasi / Significant Changes of Organization 28, 66, 81
3 Kegiatan usaha perusahaan menurut Anggaran Dasar terakhir dan jenis produk / Business activities of 26
the company based on the most recent Articles of Association, type of products and services
IR6 Model bisnis / Business model 32, 36
4 Struktur organisasi perusahaan dalam bentuk bagan, disertai nama dan jabatan / 40
Organizational structure of the company in chart, with names and positions
G4-LA12 Keberagaman Pejabat Tata Kelola / 55
Diversity Composition of Governance Bodies
5 Visi dan misi perusahaan / Vision and mission of the Company 38-39
G4-56 Nilai-nilai, Prinsip, dan Norma Organisasi / 38, 156
Organizational Values, Principles and Norms
6 Profil Dewan Komisaris / Board of Commissioners’ profile 68-69
7 Profil Direksi / Board of Directors’ profile 82-83
8 Perubahan susunan Dewan Komisaris dan/atau Direksi / 66, 81, 168-169, 175
Change of Board of Commissioners/Directors’ composition
9 Jumlah karyawan dan deskripsi pengembangan kompetensinya / 54-57, 240-244
Number of employees and description of their competency development
G4-10 Jumlah dan Komposisi Pegawai / 54, 55
Employees Covered by Collective Bargaining Agreements
G4-LA1 Jumlah Pekerja Baru dan Tingkat Turnover / 54
Number of New Employee and Turnover
G4-LA9 Rerata Jam Pelatihan Per Pegawai Per Tahun / 56, 240, 241
Average of Training Hours per Year per Employee
G4-LA11 Persentase Pegawai Penerima Penilaian Kinerja / 244
Percentage of Employees Receiving Performance Review
10 Persentase kepemilikan pemegang saham / Percentage of shareholding 26, 52, 160
11 Informasi mengenai pemegang saham utama dan pengendali perusahaan / 41
Information on majority and controlling shareholders of the company
G4-7 Kepemilikan Saham dan Bentuk Hukum / Ownership and Legal Form 26, 52, 160
12 Nama entitas anak, perusahaan asosiasi, perusahaan ventura / 41
Name of subsidiaries, associated companies, venture companies
13 Kronologis pencatatan saham dan perubahan jumlah saham / 53
Chronology of share listing and change of number of shares
14 Kronologis pencatatan Efek lainnya dan peringkat Efek / 53
Chronology of other securities listing and securities ratings
15 Nama dan alamat perusahaan pemeringkat / Name and address of ratings company 21, 328
16 Nama dan alamat lembaga dan/atau profesi penunjang pasar modal / 206-207, 328
Name and address of supporting institutions and/or professionals of stock exchange
G4-16 Keanggotaan pada Asosiasi / Memberships in Associations 52
17 Penghargaan dan sertifikasi yang diterima perusahaan / 24
Awards and certifications received by the company
G4-15 Kepatuhan Pada Prinsip-prinsip dan Inisiatif Eksternal / 25, 80, 112, 153, 250
Externally Charters, Principles, or Other Initiatives
INTEGRATED ANNUAL REPORT 2014 PERTAMINA EP 331

ANALISA DAN PEMBAHASAN MANAJEMEN / MANAGEMENT DISCUSSION AND ANALYSIS

1 Tinjauan operasi per segmen operasi sesuai dengan jenis industri / 92-106
Operational review per operational segment based on type of industry
Produksi, yang meliputi proses, kapasitas, dan perkembangannya / 93-105
a.
Production, covering process, capacity, and development
G4-12 Rantai Pasokan Organisasi / Organizational Supply Chain 111
OG1 Jumlah estimasi cadangan / Volume estimated reserves 96, 99, 103, 264, 265
IR8 Penggunaan Teknologi / Technology usage 65, 155, 235, 236,
272
b. Pendapatan / Revenues 116-117
G4-EC2 Implikasi Finansial Akibat Perubahan Iklim / 116, 261, 276
Financial Implications due to Climate Change
G4-EC4 Bantuan Finansial dari Pemerintah / Financial Assistance Received from 116
Government
c. Profitabilitas / Profitability 134
2 Analisis kinerja keuangan komprehensif dalam 2 (dua) tahun / 116-131
Comprehensive financial performance analysis in 2 (two) years
a. Aset lancar, aset tidak lancar, dan total aset / Current assets, non-current assets, and total assets 122-126
Liabilitas jangka pendek, liabilitas jangka panjang dan total liabilitas / 126-129
b.
Current liabilities, non-current liabilities, and total liabilities
c. Ekuitas / Equity 130
Pendapatan, beban, laba (rugi), pendapatan komprehensif lain / 116-121
d.
Revenue, expenses, profit (loss), other comprehensive revenues
e. Arus kas / Cash flow 131
3 Kemampuan membayar utang dalam rasio / Ability to meet debts in ratio 132-133
4 Kolektibilitas piutang / Receivables collectability 133
5 Kebijakan manajemen atas struktur permodalan / Management Decision over capital structure 137
6 Bahasan mengenai ikatan yang material untuk investasi barang modal / 136
Discussion on material ties for the investment of capital goods
7 Informasi dan fakta material yang terjadi setelah tanggal laporan akuntan / 143
Material information and facts subsequent to the date of the accountant’s report
8 Prospek usaha dari perusahaan dikaitkan dengan kondisi industri / 114-115
Business prospect of the company related to industry condition
9 Perbandingan antara target/proyeksi pada awal tahun buku / 139
Comparison between target/projection at the beginning of financial year
10 Target/proyeksi yang ingin dicapai untuk satu tahun mendatang / 140-141
Target/projection to be achieved for a year ahead
11 Aspek pemasaran atas produk dan jasa perusahaan / 107-109
Marketing aspect of the company’s products and services
G4-8 Pasar Terlayani / Markets Served 94, 107
12 Kebijakan dividen dan tanggal serta jumlah dividen per saham / 144
Dividend policy and the date and amount of dividend per share
13 Realisasi penggunaan dana hasil penawaran umum / Use of proceeds from the public offering 137
14 Informasi transaksi material yang mengandung benturan kepentingan dan/atau transaksi dengan 142-143, 198-199
pihak afiliasi / Information on material transactions with conflict of interest and/or transactions with
related parties
15 Perubahan peraturan perundang-undangan yang berpengaruh signifikan / 226-227
Changes in regulation that significantly effect the company
16 Perubahan kebijakan akuntansi, alasan dan dampaknya / 148
Changes in accounting policy, reasons and its impact

TATA KELOLA PERUSAHAAN / CORPORATE GOVERNANCE
1. Uraian Dewan Komisaris / Board of Commissioners Description 168-174
Uraian pelaksanaan tugas Dewan Komisaris / 169-170, 172
a.
Description of Board of Commissioners’ duty implementation
Pengungkapan prosedur, dasar penetapan, dan remunerasinya / 173-174
b.
Disclosure of procedures and basis of appointment, and remuneration
G4-40 Nominasi dan Seleksi Pejabat Tata Kelola / 168, 174, 175
Nomination and Selection Processes for Governance Body
G4-51 Kebijakan Remunerasi / Remuneration Policies 174
G4-52 Proses Penetapan Remunerasi / Process for Determining Remuneration 173
G4-53 Pelibatan Pemangku Kepentingan dalam Penetapan Remunerasi / 173
Stakeholders Involve for Determining Remuneration
c. Pelatihan Dewan Komisaris / Board of Commissioners’ training 172
G4-43 Pengembangan Pengetahuan Terkait Topik Ekonomi, Lingkungan dan Sosial Bagi 172
Pejabat Tata Kelola / Knowledge Development for Governance Body Related to
Economic, Environmental and Social Topics
IR1 Modal intelektual / Intellectual capital 172
Pengungkapan kebijakan perusahaan dan pelaksanaannya, serta frekuensi rapat / 173
d.
Disclosure of the company’s policies and implementation, and meeting frequency
G4-47 Penilaian Risiko dan Peluang / Review for Risk and Opportunities 173
2. Uraian Direksi / Board of Directors Description 174-181
a. Ruang lingkup pekerjaan dan tanggung jawab / Scope of work and responsibilities 176-179
Pengungkapan prosedur, dasar penetapan, dan remunerasinya / 181
b.
Disclosure of procedures and basis of appointment, and remuneration
G4-40 Nominasi dan Seleksi Pejabat Tata Kelola / 174, 175
Nomination and Selection Processes for Governance Body
G4-51 Kebijakan Remunerasi / Remuneration Policies 181
G4-52 Proses Penetapan Remunerasi / Process for Determining Remuneration 181
G4-53 Pelibatan Pemangku Kepentingan dalam Penetapan Remunerasi / 181
Stakeholders Involve for Determining Remuneration
Pengungkapan kebijakan perusahaan dan pelaksanaannya, serta frekuensi rapat / 180
c.
Disclosure of the company’s policies and implementation, and meeting frequency
G4-47 Penilaian Risiko dan Peluang / Review for Risk and Opportunities 180
Keputusan RUPS tahun sebelumnya dan realisasinya; dan alasan dalam hal terdapat keputusan 162-168
d. yang belum direalisasi / Previous year’s GMS resolutions and their realization; and reasons for
unrealized resolutions
G4-49 Komunikasi Kepada Pejabat Tata Kelola / 162, 222
Communication to The Governance Body
G4-50 Jumlah Pelaporan Kepada Pejabat Tata Kelola dan Solusinya / 162
Number of Report to The Governance Body and Solutions
e. Pelatihan Direksi / Board of Directors’ training 177
G4-43 Pengembangan Pengetahuan Terkait Topik Ekonomi, Lingkungan dan Sosial Bagi 177
Pejabat Tata Kelola / Knowledge Development for Governance Body Related to
Economic, Environmental and Social Topics
IR1 Modal intelektual / Intellectual capital 177
Pengungkapan kebijakan perusahaan tentang penilaian kinerja Direksi / 179-180
f.
Disclosure of the company’s policies on Board of Directors’performance assessment
G4-44 Proses Evaluasi Kinerja Pejabat Tata Kelola / 63, 78, 158, 162, 171,
Evaluation Process of The Governance Body’s Performance 172, 179
3. Komite Audit / Audit Committee 184-188
a. Nama / Name 184
Riwayat jabatan, pengalaman kerja, dan dasar hukum penunjukkan / 184-185
b.
History of job, work experience, and legal basis of appointment

c. Riwayat pendidikan / History of education 185

d. Periode jabatan anggota Komite Audit / Office term of Audit Committee members 185
e. Pengungkapan independensi Komite Audit / Disclosure of Audit Committee’s independence 184
Pengungkapan kebijakan perusahaan dan pelaksanaannya / 186-187
f.
Disclosure of the company’s policies and implementation, including frequency of meetings
Uraian singkat pelaksanaan kegiatan Komite Audit pada tahun buku / 188
g.
Brief description of Audit Committee’s activity implementation
G4-57 Pemberian Saran dan Perilaku Patuh Hukum / 155, 184
Seeking Advice on Ethical and Lawful Behavior
Komite Investasi dan Manajemen Risiko, Komite Etika dan GCG / 188-191
4.
Investment and Risk Management Committee, Ethics and GCG Committee
a. Nama / Name 189
Riwayat jabatan, pengalaman kerja yang dimiliki, dan dasar hukum penunjukkan / 188-189
b.
d. Periode jabatan anggota komite / Office term of Committee members 189
Pengungkapan kebijakan perusahaan mengenai independensi komite / 188
e.
Disclosure of the company’s policies on independence
f. Uraian tugas dan tanggung jawab / Description of duties and responsibilities 190
Pengungkapan kebijakan perusahaan dan pelaksanaannya / 191
g.
Disclosure of the company’s policies and implementation
Uraian singkat pelaksanaan kegiatan komite pada tahun buku / 190-191
f.
Brief description of committee’s activity implementation during the financial year
Uraian tugas dan fungsi sekretaris perusahaan / 196
5.
Description of duties and functions of corporate secretary
a. Nama / Name 196
Riwayat jabatan, pengalaman kerja yang dimiliki, dan dasar hukum penunjukkan / History of job, 196
b.
work experience, and legal basis of appointment
d. Periode jabatan sekretaris perusahaan / Office term of corporate secretary 196
Uraian singkat pelaksanaan tugas sekretaris perusahaan pada tahun buku / 197
e.
Brief description of corporate secretary’s duty implementation
6. Uraian mengenai unit audit internal / Description of internal audit unit 201-206
a. Nama / Name 202
Riwayat jabatan, pengalaman kerja yang dimiliki, dan dasar hukum penunjukkan / 202
b.
Kualifikasi atau sertifikasi sebagai profesi audit internal / 204
c.
Professional qualification or certification as internal auditor
G4-SO4 Komunikasi dan Pelatihan mengenai Kebijakan dan Prosedur Anti-korupsi / 205
Communication and Training on Anti-corruption Policies and Procedures
d. Struktur dan kedudukan unit audit internal / Structure and position of internal audit unit 201-202
Tugas dan tanggung jawab unit audit internal sesuai piagam charter / 203
e.
Duties and responsibilities of internal audit unit according to its Charter
Uraian singkat pelaksanaan tugas unit audit internal pada tahun buku / 203-204
f.
Brief description of internal audit unit’s activity implementation during the financial year
G4-SO3 Jumlah dan Persentase Operasi Berisiko Signifikan Terkait Korupsi / 203, 204
Total and Percentage of Operation Related to Corruption
G4-SO5 Insiden dan Tindakan Anti Korupsi / Incidents of corruption and actions taken 204
7 Uraian mengenai sistem pengendalian internal / Description on internal control system 200-201
Pengendalian keuangan dan operasional, serta kepatuhan terhadap peraturan perundang- 200-201
a. undangan lainnya / Control of finance and operations, and compliance with other laws and
regulations
Review atas efektivitas sistem pengendalian internal / 200-201
b
Review on internal control system effectiveness (audit findings
Sistem manajemen risiko yang diterapkan oleh perusahaan / 208-219
8.
Risk management system applied by the company
a. Gambaran umum mengenai sistem manajemen risiko perusahaan / 208-210
General overview on risk management system
b. Jenis risiko dan cara pengelolaannya / Types of risk and their management 215-217

Review atas efektivitas sistem manajemen risiko perusahaan / 217-219
c.
Review on the company’s risk management system effectiveness (audit findings)
G4-45 Proses Identifikasi Dampak, Risiko dan Peluang Pelaksanaan Kinerja Ekonomi, 208, 215
Lingkungan, dan Sosial / Identification for the Impact, Risk and Opportunity Related
to Economic, Environmental and Social Topics
G4-46 Penilaian Pelaksanaan Kinerja Ekonomi, Lingkungan dan Sosial / 208, 217
Reviewing The Effectiveness of Economic, Environmental and Social Topics
G4-47 Penilaian Risiko dan Peluang / Review for Risk and Opportunities 190, 208, 215
Perkara penting yang dihadapi oleh Emiten atau Perusahaan Publik, entitas anak, anggota Dewan 224-225
Komisaris dan Direksi yang sedang menjabat / Significant cases faced by Publicly-listed Company,
9.
subsidiaries, members of Board of Commissioners and Board of
Directors
G4-EN29 Sanksi Atas Ketidakpatuhan pada Peraturan Lingkungan / 224
Sanctions for Non-compliance with Environmental Laws
G4-SO8 Sanksi Denda dan Hukuman Lain / Monetary Fines and Other Sanctions 224
G4-PR9 Sanksi Atas Ketidakpatuhan Pada Peraturan Produk dan Jasa / Fine or Sanctions 224
Regarding Non-compliance with Regulations for Products and Services
Informasi tentang sanksi administratif yang dikenakan / 224
10.
Information on administrative sanction imposed
11. Akses informasi dan data perusahaan / Information and data access of the Company 222-223
Informasi mengenai kode etik dan budaya perusahaan / 156-157
12.
Information on code of conduct and corporate culture
G4-39 Pejabat Badan Tata Kelola dan Pejabat Eksekutif / 182, 183
Chair of the Highest Governance Body and also an Executive Officer
G4-41 Pernyataan Tak Berbenturan Kepentingan / 168, 174, 198
Process to Ensure Conflict of Interest are Avoided
G4-SO6 Dana Kegiatan Politik dan Sosial / Social and Political Contributions 223
Uraian mengenai program kepemilikan saham oleh karyawan / 222
13.
Description on employee stock ownership program
Uraian mengenai sistem pelaporan pelanggaran (whistleblowing system) / 220-221
14.
Description on whistleblowing system
G4-58 Pelaporan Perilaku Tak Beretika/Tak Patuh Hukum / 155, 220
Reporting About Unethical/Unlawful Behavior
TANGGUNG JAWAB SOSIAL PERUSAHAAN / CORPORATE SOCIAL RESPONSIBILITY

1. Bahasan mengenai tanggung jawab sosial perusahaan / Discussion on corporate social responsibility 227-229, 304-317
Lingkungan hidup, seperti penggunaan material dan energi yang ramah lingkungan dan dapat 286-304
didaur ulang, sistem pengolahan limbah perusahaan, sertifikasi di bidang lingkungan yang
a.
dimiliki, dan lain-lain / The environment, such as the use of environmentally friendly and recyclable
materials and energy, the company’s waste treatment systems, environmental certification, etc.
G4-14 Pendekatan Pencegahan Melalui Manajemen Risiko / Precautionary Approach 208, 288
Through Risk Management
G4-EN3 Energi Terkonsumsi di Dalam Perusahaan / 289, 290
Energy Consumption within The Organization
G4-EN4 Energi Terkonsumsi di Luar Perusahaan / 289, 290
Energy Consumption Outside The Company
G4-EN5 Intensitas Energi / Energy Intensity 290
G4-EN6 Pengurangan Konsumsi Energi / Reduction of Energy Consumption 289, 290, 291
G4-EN7 Efisiensi Kebutuhan Energi dalam Produk dan Jasa / 292
Reduction in Energy Requirements of Products and Services
G4-EN8 Total Pengambilan Air Berdasarkan Sumber / Total Water Withdrawal by Source 293
G4-EN9 Sumber Air Terpengaruh karena Pengambilan Air / 293
Water Sources Affected by Withdrawal
G4-EN10 Persentase Daur Ulang dan Pemakaian Ulang Air / 274, 293, 302
Percentage of Water Recycled and Reused
G4-EN11 Lahan Operasi di Dalam Atau Sekitar Kawasan Dilindungi / 296
Operation Site In or Adjacent To Protected Area

G4-EN12 Dampak Signifikan Terhadap Keanekaragaman Hayati / 296

Significant Impacts on Biodiversity
G4-EN13 Perlindungan Atau Restorasi Habitat / Habitat Protected or Restored 297
G4-EN14 Jumlah Spesies Dilindungi / Number of Protected Species 299
G4-EN15 Emisi Gas Rumah Kaca Langsung (GRK) (Scope 1) / 295
Direct Greenhouse Gas (GHG) Emissions (Scope 1)
G4-EN16 Emisi GRK Bersumber Energi Tidak Langsung / 295
Energy Indirect Greenhouse Gas (GHG) Emissions
G4-EN18 Intensitas Emisi GRK / Greenhouse Gas (GHG) Intensity 295
G4-EN19 Penurunan Emisi GRK / Reduction on Greenhouse Gas (GHG) Emissions 80, 276, 289, 292,
294, 295
G4-EN22 Total Air Terbuang Berdasar Kualitas dan Tujuan / 302
Total Water Discharge by Quality and Destination
G4-EN23 Jenis Limbah dan Metode Pengolahannya / Type of Waste and Disposal Method 300, 301, 302, 303
G4-EN24 Pengelolaan Tumpahan Cairan Berbahaya / Total Number and Volume of Spills 303
G4-EN25 Pengangkutan Limbah B3 / Hazardous Waste Transportation 300
G4-EN26 Pengaruh Pembuangan Air Limbah Pada Keanekargaman Hayati / 293, 303
Impact of Waste Water Discharge on Biodiversity
G4-EN31 Total Biaya Perlindungan dan Investasi Lingkungan / 288
Total Environmental Protection Expenditure and Investment
OG2 Total Jumlah yang Diinvestasikan dalam Energi Terbarukan / 290, 291
Total Investment in Renewable Energy
OG3 Total Jumlah Energi Terbarukan yang Dihasilkan oleh Sumber / 290, 291, 292
Total Renewable Energy produced
OG4 Jumlah dan Persentase Tempat Usaha yang Signifikan telah Dinilai dan Dimonitor 296
mengenai Risiko Keanekaragaman hayati / Total and Percentage of Significant
Business Area that has Assessed and Monitored on Biodiversity Risk
OG5 Bentuk pembuangan air / Disposal of formation water 292, 293
OG6 Volume Hidrokarbon yang dilepaskan / Volume of flared hydrocarbon 103, 292, 295
OG7 Limbah pemboran yang terbuang / Amount of drilling waste 300, 301
OG8 Bensol, timah dan sulfur dalam minyak / Benzene, Lead and Sulfur Content in Fuels 292
IR2 Modal alam / Natural capital 227, 237, 286
Praktik ketenagakerjaan, kesehatan, dan keselamatan kerja, seperti kesetaraan gender dan 238-259
kesempatan kerja, sarana dan keselamatan kerja, tingkat perpindahan (turnover) karyawan,
b. tingkat kecelakaan kerja, pelatihan, dan lain-lain / Practices of employment, occupational health
and safety, such as gender and job opportunity equality, transfer
rate, work accident rate, training, etc
G4-11 Pekerja Terlindungi Perjanjian Kerja Bersama (PKB) / 259
Employees Covered by Collective Bargaining Agreements
G4-EC3 Kewajiban Perusahaan Terhadap Penyediaan Pensiun / 258
Organization’s Defined Benefit Plan Obligations
G4-EC5 Rasio Upah Pekerja Tingkat Awal Terhadap Upah Minimum / 245
Ratio of Entry Level Wage to Local Minimum Wage
G4-LA2 Manfaat untuk Pekerja / Benefit for Employee 245, 246
G4-LA3 Jaminan Bekerja Kembali Setelah Cuti Melahirkan / 247
Return to Work After Maternity Leave
G4-LA4 Pemberitahuan Minimum atas Perubahan / Minimum Notice periods for Changes 245
G4-LA6 Jenis dan Tingkat Kecelakaan Kerja / Types and Rates of Injury 252
G4-LA7 Pekerja dengan Risiko Tinggi Kesehatan Kerja / 250, 255
Workers with High Risk of Working Diseases
G4-LA8 Topik K3 dalam PKB / OHS Topics in Formal Agreement with Trade Unions 250, 314
G4-LA10 Program Pelatihan Ketrampilan Penunjang Akhir Karir / Program for Skills 258
Management That Support Managing Career Endings
G4-LA13 Rasio Gaji Pokok Pekerja Laki-laki dan Perempuan / 245
Ratio of Basic Salary of Men and Women Employee
G4-LA14 Persentase Pemasok yang Dievaluasi / 256
Percentage of Suppliers Screened for Labor Criteria
G4-HR4 Dukungan Pada Kebebasan Berserikat / Support for Freedom of Association 259

G4-HR4 Dukungan Pada Kebebasan Berserikat / Support for Freedom of Association 259
G4-HR7 Tenaga Keamanan Terlatih HAM / 242
Security Personnel Who Have Undergone Training on Human Rights
OG13 Jumlah kegiatan terkait keamanan produk / Number of Process Safety Events 252
IR1 Modal intelektual / Intellectual capital 65, 234, 238
Pengembangan sosial dan kemasyarakatan, seperti penggunaan tenaga kerja lokal, 304-317
pemberdayaan masyarakat sekitar perusahaan, perbaikan sarana dan prasarana sosial,
c. bentuk donasi lainnya, dan lain-lain / Social and community development, such as employment
of local manpower, empowerment of the company’s surrounding community, social facilities and
infrastructure improvements, other forms of donations, etc.
G4-24 Daftar Pemangku Kepentingan / Stakeholders List 227, 228
G4-25 Dasar Identifikasi dan Seleksi Pemangku Kepentingan / 227, 228
Basis for Identification and Selection of Stakeholders
G4-26 Proses Pendekatan pada Pemangku Kepentingan / 227, 228
Approach to Stakeholders’ Engagement
G4-27 Topik Kunci dan Respon Organisasi / Key Topics and Organization Response 227, 228
G4-42 Proses Persetujuan dan Pengembangan Nilai atau Misi Perusahaan / 305
Process to Approval and Development Value or Company’s Mission
G4-56 Nilai-nilai, Prinsip, dan Norma Organisasi / 304
Organizational Values, Principles and Norms
G4-EC7 Pembangunan dan Dampak Investasi Infrastruktur / 314
Development and Impact of Infrastructure Investment
G4-EC8 Dampak Ekonomi Tak Langsung / Indirect Economic Impacts 265, 308, 309
G4-EC9 Proporsi Pemasok Lokal / Proportion on Local Suppliers 265
G4-SO1 Operasional Perusahaan dan Pengembangan Masyarakat Lokal / 306, 308
Company Operation and Local Community Development Program
G4-SO2 Operasional Perusahaan dengan Potensi Dampak Terhadap Masyarakat Lokal / 306
Company Operation with Significant Impacts on Local Community
IR5 Modal sosial / Social capital 227, 237, 238, 304
IR7 Penciptaan nilai / Value creation 304
Tanggung jawab produk, seperti kesehatan dan keselamatan konsumen, informasi produk, 285
sarana, jumlah dan penanggulangan atas pengaduan konsumen, dan lain-lain / Product
d.
responsibility, such as consumer health and safety, product information, facilities, number of
consumer complaints and their handling, etc
G4-PR5 Indeks Kepuasan Konsumen / Customer Satisfaction Index 110, 285
Emiten atau Perusahaan Publik dapat mengungkapkan informasi sebagaimana dimaksud dalam 5-9
2. angka 1) pada laporan tahunan atau laporan tersendiri / Publicly-listed company may disclose
information as referred to in point 1) in annual report or separate report
G4-17 Daftar Entititas / List of Entities 8, 325
G4-18 Proses Menentukan Isi Laporan dan Pembatasan / 7
Process for Defining The Report Content and Boundaries
G4-19 Daftar Aspek Material / List of Material Aspects 6, 19
G4-20 Batasan Aspek Material di Dalam Organisasi / 8, 9
Aspect boundaries within organization
G4-21 Batasan Aspek Material di Luar Organisasi / 8, 9
Aspect Boundaries Outside Organization
G4-22 Pernyataan Kembali / Restatement 3
G4-23 Perubahan Pelaporan Bersifat Signifikan / 5
Significant Changes from Previous Reports
G4-28 Periode Pelaporan / Reporting Period 8
G4-29 Tanggal Penerbitan Laporan Terdahulu / Date of Most Recent Previous Report 8
G4-30 Siklus Pelaporan / Reporting Cycle 8
G4-31 Kontak / Contact Point 26, 340
G4-32 Indeks Isi GRI / GRI Content Index 5, 330-338
G4-33 Penjaminan / Assurance 9
G4-48 Pengesahan Pelaporan / Reports Approval 7, 84

LAPORAN KEUANGAN TAHUNAN YANG TELAH DIAUDIT / AUDITED CONSOLIDATED FINANCIAL STATEMENTS
Kesesuaian dengan peraturan Bapepam-LK No.VIII.G.11 tentang Tanggung Jawab Direksi atas √
1. Laporan Keuangan / Accordance with Regulation of Bapepam-LK No.VIII.G.11 concerning Board of
Director’ responsibility on Financial Statements
Surat Pernyataan Direksi tentang Tanggung Jawab Direksi atas Laporan Keuangan / Statement Letter 344
2.
from the Board of Directors regarding the Board of Directors’ responsibility to the financial statements
Opini auditor independen atas laporan keuangan / 345
3.
Opinion of independent auditor of financial statements
4. Deskripsi auditor independen di opini / Description of independent auditor’s opinion 345, 346
IR10 Lampiran Auditor Independen kepada Pemegang Saham 206, 344-345
5.
Attachment Independent Auditor's Report to Shareholders
Laporan keuangan yang lengkap / Full financial statements Lampiran /
6.
Attachment 1-5
IR9 Lampiran Laporan Keuangan 341
7.
Attachment Financial Statements
Pengungkapan dalam catatan atas laporan keuangan ketika entitas menerapkan suatu kebijakan Lampiran /
akuntansi secara retrospektif atau membuat penyajian kembali pos-pos laporan keuangan, atau Attachment
8. ketika entitas mereklasifikasi pos-pos dalam laporan keuangannya / Disclosure in notes to the 5/12-5/35
financial statement when the company applies an accounting policy retrospectively or restates an
account in the financial statement or reclassifies an account in the financial statement
Perbandingan tingkat profitabilitas / Comparison of profitability ratio Lampiran /
9.
Attachment 2
Laporan arus kas / Cash flow report Lampiran /
10.
Attachment 4
Ikhtisar kebijakan akuntansi / Summary of accounting policy Lampiran /
11. Attachment
5/12-5/31
Pengungkapan transaksi pihak berelasi / Disclosure of related party transactions Lampiran /
12. Attachment
5/53-5/58
Pengungkapan yang berhubungan dengan Perpajakan / Disclosures related to taxation Lampiran /
13. Attachment
5/49-5/52
Pengungkapan yang berhubungan dengan Aset Tetap / Disclosure of fixed assets Lampiran /
14. Attachment
5/39-5/4
Perkembangan Terakhir Standar Akuntansi Keuangan dan Peraturan Lainnya / Lampiran /
15. Recent developments in Financial Accounting Standards and Other Regulations Attachment
5/12-5/13
Pengungkapan yang berhubungan dengan Instrumen Keuangan / Lampiran /
16. Disclosure related to the Financial Instrument Attachment
5/35-5/37
Laporan Auditor Independen kepada Pemegang Saham Pertamina EP /
17. √
Independent Auditor's Report to the Shareholders of Pertamina EP
TANDA TANGAN DEWAN KOMISARIS DAN DIREKSI /

SIGNATURE OF THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Tanda Tangan Dewan Komisaris dan Direksi / 84, 85, 344
Signature of the Board of Commissioners and Board of Directors

LEMBAR UMPAN BALIK
FEEDBACK FORM
Laporan ini merupakan Laporan Tahunan This is the Integrated Annual Report 2014 Pertamina
Terintegrasi Pertamina EP 2014, yang merupakan EP which is an integrated report providing an
laporan terpadu untuk memberikan gambaran overview of financial and sustainability performance
kinerja keuangan dan kinerja keberlanjutan of the Company. Pertamina EP's business activities
Perusahaan. Kegiatan usaha Pertamina EP 2014 have been focused on building the foundations
difokuskan untuk membangun fondasi pertumbuhan of sustainable growth in economic, social, and
yang berkelanjutan dalam aspek ekonomi, sosial, environment aspects. We look forward inputs, critics
maupun lingkungan. Kami mengharapkan masukan, and suggestions from you.
kritik dan saran dari Bapak/Ibu/Saudara.
1. Laporan ini sudah menggambarkan informasi The report has illustrated information on the Company’s
aspek material bagi perusahaan. material aspect.
Sangat setuju / Strongly agree Netral / Neutral angat Tidak Setuju /

S
Setuju / Agree Tidak Setuju / Disagree Strongly Disagree
2. Laporan ini sudah menggambarkan informasi The report has described positive and negative
positif dan negatif perusahaan. information of the Company.

S
3. Laporan ini sudah mencakup seluruh isi utama. The report has embodied all of the essential contents.

S
4. Laporan ini mudah dimengerti. The report is comprehensible.

S
5. Saya puas dengan Laporan Tahunan Terintegrasi I am satisfied with the Integrated Annual Report 2014
Pertamina EP 2014. Pertamina EP.

S
Penilaian terhadap kegiatan manajemen keberlanjutan PT Pertamina EP

Assessment to the sustainability management activities of PT Pertamina EP
1. Aspek material apa yang paling penting bagi anda? Which material aspect is the most important to you?
(Mohon berikan nilai 1= Paling penting s.d 5= paling tidak penting)
(Please give score 1= Most important up to 5=Least important)
Kinerja Ekonomi / Economic Performance

Manusia / People
Proses / Process
Teknologi / Technology
Lingkungan Hidup / Environment
2. Mohon berikan saran/usul/komentar Anda atas Please provide recommendations/suggestions/

laporan ini. comments to the report.

LEMBAR UMPAN BALIK
Feedback Form
Profil Anda / Your Profile
Nama Lengkap
Full Name
Pekerjaan
Occupation
Nama Lembaga/Perusahaan
Institution/Company’s Name
Jenis Kelembagaan/Perusahaan
Institution/Company’s Origin
Mohon kirimkan kembali lembar umpan balik kepada [G4-31]:

Please return this feedback form to:
PERTAMINA EP KANTOR PUSAT

Bapak Datu Yodi Priyatna
VP. Legal & Relations

Jl. Prof. Dr. Satrio No. 164, Jakarta 12950 - Indonesia
Ph: (021) 57893199, Fax: (021) 57946279
Email: datu.priyatna@pep.pertamina.com

LAPORAN KEUANGAN
FINANCIAL STATEMENTS
31 DESEMBER 2014
DECEMBER 31, 2014
PERTAMINA EP
Jl. Prof. Dr. Satrio No. 164 Jakarta 12950 - Indonesia
Telp: 021-57893199, Fax: 021-57946279
PT PERTAMINA EP
LAPORAN KEUANGAN/
FINANCIAL STATEMENTS
31 DESEMBER 2014 DAN 2013/

31 DECEMBER 2014 AND 2013
DAFTAR ISTILAH*
Glossary
2014
D
E
F
Strategic Objective
SYNERGY
L
M
R

propagation
sebagainya.


hydrocarbon
PERTAMINA EP
Keterangan:
Description:

2014 Pertamina EP Annual Report PDF

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DAFTAR ISTILAH*

PEOPLE, PROCESS, TECHNOLOGY AND ENVIRONMENT

SYNERGY organic compounds that displays surface activities and serves

PEOPLE, PROCESS, TECHNOLOGY W

PEOPLE, PROCESS, TECHNOLOGY AND ENVIRONMENT

SYNERGY organic compounds that displays surface activities and serves

PEOPLE, PROCESS, TECHNOLOGY W

PEOPLE, PROCESS, GROWING TOGETHER PEOPLE, PROCESS,

2 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

SINERGI: MANUSIA, PROSES, TEKNOLOGI DAN SYNERGY: PEOPLE, PROCESS, TECHNOLOGY

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 3

The market is fluctuating, the priorities are shifting, but our

PERINGATAN ATAS PERNYATAAN-PERNYATAAN CAUTION REGARDING FORWARD-LOOKING

4 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

KRITERIA PENYUSUNAN PREPARATION CRITERIA

MATERIALITAS DAN PELIBATAN PEMANGKU MATERIALITY AND STAKEHOLDER

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 5

Dampak pada penilaian dan keputusan

Kurang penting Less Important Penting Important

6 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 7

Topik Aspek Pengungkapan atas Pendekatan Manajemen + Indikator

STEP STEP STEP

KONTEKS KEBERLANJUTAN MATERIALITAS KELENGKAPAN

KONTEKS KEBERLANJUTAN KETERLIBATAN PEMANGKU KEPENTINGAN

BATASAN PELAPORAN DAN KONTEKS REPORTING BOUNDARY AND SUSTAINABILITY

8 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

ASPEK MATERIAL MERUJUK DAMPAK BAGI PEMANGKU DAMPAK BAGI PEMANGKU

PEMANGKU KEPENTINGAN TOPIK MATERIAL

PRINSIP PENJAMINAN KUALITAS UNTUK PELAPORAN PRINCIPLES OF QUALITY ASSURANCE FOR

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 9

5 Catatan atas Informasi Keberlanjutan

01 | KINERJA PERTAMINA EP 2014 02 | LAPORAN DEWAN KOMISARIS 03 | ANALISIS DAN PEMBAHASAN

10 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

04 | TATA KELOLA PERUSAHAAN

05 | K INERJA KEBERLANJUTAN YANG 06 | INFORMASI LAIN PERUSAHAAN

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 11

12 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 13

1 PENCAPAIAN SEISMIK 2D SEBESAR 454 KM, 195%

5 PENERAPAN PERTAMINA DRILLING WAY

3,848 Bagi Pertamina EP, pekerja adalah

14 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

7 PENCARIAN SUMBER CADANGAN BARU MINYAK

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 15

43.74% 1 179 MMBOE 1 USD 8 million 1

16 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

3.06 (dari skala 5/from scale 5) 1 155 Kabupaten Regencies 1 14 1

Field menerapkan SSOP Field applied POSS 4 4 4

Peringkat PROPER PROPER Rating

2014 INTEGRATED ANNUAL REPORT PERTAMINA EP 17

LABA BERSIH (JUTA USD) NET PROFIT MARGIN (%)

2012 1,946 2012 36.60 Realisasi Produksi

2014 1,586 2014 33.67

REALISASI PRODUKSI JUMLAH ASSET (JUTA USD)

2012 309 2012 10,920

2013 299 2013 12,294

2014 296 2014 8,604

PROPER HIJAU JAM KERJA SELAMAT

2012 12 2012 75,359,555

2014 14 2014 88,455,337

18 PERTAMINA EP LAPORAN TAHUNAN TERINTEGRASI 2014

IKHTISAR KEUANGAN 2011 2012 2013 2014 FINANCIAL HIGHLIGHTS

01 | KINERJA PERTAMINA EP 2014 02 | LAPORAN DEWAN KOMISARIS 03 | ANALISIS DAN PEMBAHASAN

04 | TATA KELOLA PERUSAHAAN

05 | K INERJA KEBERLANJUTAN YANG 06 | INFORMASI LAIN PERUSAHAAN

Field 5 4 3 2 6 20 Field

• Onshore and offshore drilling • Meningkatkan sertifikasi • Products quality

tata kelola • Kemitraan dengan pemangku • Transparansi • Ketersediaan teknologi dan

pengawasan • Pemeriksaan • Dukungan dari pemangku • Reduction of environmental and social

• Keterlibatan • Keterlibatan dengan sesama • Inovasi • Berbagi pengetahuan

• Health and safety • Memanfaatkan keragaman • Performance communities

• Competency and skills • Remunerasi sesuai dengan • Efficiency • Knowledge sharing

• Relationship with stakeholders pemerintah pusat dan daerah internasional pemasok

• Pertamina Image • Pusat Pemberdayaan Masyarakat • Reputasi • Berbagi keahlian dengan

• Kemitraan yang strategis • Retensi Pelanggan • Menghormati keberagaman

• Pertamina Community Empowerment practice • Sharing expertise with communities

•K eanekaragaman hayati pengangkutan, pengolahan, dan • Reputasi dan ledakan

• Udara • Investasi baru • Pengakuan pemangku kepentingan hayati